OFF MARKET

416 Russell Street
Hay South NSW 2711

Bedrooms: -
Bathrooms: -
Car spaces: 11
Land area: 1058m2
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Last updated 9 Sep 2024
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Property Details for 416 Russell St, Hay South

416 Russell St, Hay South is a 0 bedroom, 0 bathroom Unit with 11 parking spaces. The property has a land size of 1058m2. While the property is not currently for sale or for rent, it was last sold in June 2022.

Building Type
Unit
Land Size
1058m2
Local Government
Hay
Lot/Plan
1/DP715490

Last Listing description (February 2023)

Have you considered adding a low-maintenance investment opportunity such as a large storage shed to your portfolio? Well here is your chance to enter in and get a steady return on your investmentThis well-built shed tucked away neatly in South Hay has a low maintenance yard with easy access and double gates, the occupancy rate is strong and the outgoings are affordable!Divided into 11 smaller sheds of varying sizes, the demand remains high when you have that versatility!These sheds are at 91% occupancy already, with long-term tenants in place and quick turnaround on vacancies.Council Rates: $1,589.00 pa (approx)Insurance: $930 pa (approx)Electricity $550 pa (approx)Land size 1,058 m2 (approx)Total shedding size 395 m2 (approx)Current tenancies:Shed 1 $25 pwShed 2 $35 pwShed 3 Vacant rent potential $25pwShed 4 $25 pwShed 5 $30 pwShed 6 $30 pwShed 7 $55 pwShed 8 $33 pwShed 9 $25 pwShed 10 $25 pwShed 11 $25 pw

Property History for 416 Russell St, Hay South, NSW 2711

A timeline of how this property has performed in the market
Last Sold
$195,000
09 Jun 2022
  • 01 Feb 2023
    Listed for Sale Not Disclosed
  • 09 Jun 2022
    Sold for $195,000
  • 05 Apr 2022
    Listed for Sale UNDER OFFER By Trent Lloyd
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About Hay South 2711

The size of Hay South is approximately 2,297.1 square kilometres. It has 7 parks covering nearly 0.4% of total area. The population of Hay South in 2011 was 392 people. By 2016 the population was 352 showing a population decline of 10.2% in the area during that time. The predominant age group in Hay South is 50-59 years. Households in Hay South are primarily childless couples and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Hay South work in a managers occupation. In 2011, 55.1% of the homes in Hay South were owner-occupied compared with 59.9% in 2016.

Hay South has 313 properties. Over the last 5 years, Houses in Hay South have seen a 88.07% increase in median value, while Units have seen a 47.20% increase. As at 31 August 2024:

  • The median value for Houses in Hay South is $250,615 while the median value for Units is $278,713.
There are currently no properties listed for sale, and no properties listed for rent in Hay south on OnTheHouse. According to CoreLogic's data, 9 properties were sold in the past 12 months in Hay south.

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