OFF MARKET

1-5/380 Goonoo Goonoo Rd
Hillvue NSW 2340

Bedrooms: 7
Bathrooms: 5
Car spaces: -
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Last updated 14 Oct 2024
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Property Details for 1-5/380 Goonoo Goonoo Rd, Hillvue

1-5/380 Goonoo Goonoo Rd, Hillvue is a 7 bedroom, 5 bathroom Unit.

Building Type
Unit
Local Government
Tamworth Regional

Last Listing description (February 2023)

This unique property is located on Goonoo Goonoo Road close to the Tamworth Entertainment Centre, Sprots Dome, Australian Equine and Livestock Events Centre (AELEC) and Specialist shops.
What's on offer:
Stand alone 3 bedrooms house with 1 bathroom and separate toilet, large living room with combustion fire place and split system a/c, dining area and open plan kitchen. The house also has a large undercover entertainment area.

To add to the uniqueness of this property is the unit complex at the back of the house.
The units complex offers 4 units all with 1 bedroom, fully functional kitchens and bathrooms all with high ceilings and individual courtyards.
The rental potential for this property will be very appealing to the astute investor:
House $360 per week (approx.) and each unit is $240 per week (approx.) which totals $1320 per week giving a potential rental yield of approx. 8.5%.
The current owner has plans drawn up to expand some of the units and therefore increase the potential rental return.
Don't wait too long to enquire about this great opportunity as something like this does not come along very often.

Included:
3 bedroom 1 bathroom stand alone house
3 x 1 bedroom units with full kitchens, bathrooms and private courtyards
1 x bedsit with kitchen and full bathroom
Plus, plans for expansion

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Property History for 1-5/380 Goonoo Goonoo Rd, Hillvue, NSW 2340

A timeline of how this property has performed in the market
  • 13 Aug 2022
    Listed for Sale By Negotiation

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About Hillvue 2340

The size of Hillvue is approximately 11.7 square kilometres. It has 17 parks covering nearly 8.6% of total area. The population of Hillvue in 2011 was 6,255 people. By 2016 the population was 6,394 showing a population growth of 2.2% in the area during that time. The predominant age group in Hillvue is 10-19 years. Households in Hillvue are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Hillvue work in a professional occupation. In 2011, 77.3% of the homes in Hillvue were owner-occupied compared with 73.8% in 2016.

Hillvue has 3,030 properties. Over the last 5 years, Houses in Hillvue have seen a 71.77% increase in median value, while Units have seen a 65.10% increase. As at 30 September 2024:

  • The median value for Houses in Hillvue is $596,092 while the median value for Units is $426,960.
  • Houses have a median rent of $470 while Units have a median rent of $400.
There are currently 28 properties listed for sale, and 4 properties listed for rent in Hillvue on OnTheHouse. According to CoreLogic's data, 157 properties were sold in the past 12 months in Hillvue.

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