5 Newell AvenueGunnedah NSW 2380
Property Details for 5 Newell Ave, Gunnedah
5 Newell Ave, Gunnedah is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 671m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 3 bedroom House sold in Gunnedah in the last 12 months.
Last Listing description (February 2024)
Presenting an excellent opportunity for both investors and homebuyers seeking a comfortable family home with high-yielding returns and positive cash flow. This recently renovated three-bedroom property boasts the following features:
• Renovated kitchen and adjacent dining room
• Welcoming and comfortable lounge room
• Evaporative cooling throughout the entire home
• Stylish and modern bathroom and laundry facilities
• Currently tenanted for $410 per week offering outstanding yields 6.5-7%
• Fully fenced yard providing a safe space for children and pets to play
• Convenient single carport
Priced competitively for a swift sale, seize the chance to explore this appealing opportunity by scheduling an inspection. Contact Hennessy Real Estate at 6742 3001 to secure your viewing today.
Property History for 5 Newell Ave, Gunnedah, NSW 2380
- 15 Feb 2024Sold for $320,000
- 16 Nov 2023Listed for Sale $295,000 - $320,000
- 24 Aug 2023Listed for Rent $410 / week
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About Gunnedah 2380
The size of Gunnedah is approximately 519 square kilometres. It has 36 parks covering nearly 7.1% of total area. The population of Gunnedah in 2011 was 9,341 people. By 2016 the population was 9,727 showing a population growth of 4.1% in the area during that time. The predominant age group in Gunnedah is 0-9 years. Households in Gunnedah are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Gunnedah work in a machinery operators and drivers occupation. In 2011, 65.6% of the homes in Gunnedah were owner-occupied compared with 63% in 2016.
Gunnedah has 5,758 properties. Over the last 5 years, Houses in Gunnedah have seen a 55.65% increase in median value, while Units have seen a 67.48% increase. As at 31 October 2024:
- The median value for Houses in Gunnedah is $415,462 while the median value for Units is $364,180.
- Houses have a median rent of $485 while Units have a median rent of $360.
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