42 Palmer Ave, Kanahooka is a 4 bedroom, 2 bathroom Unit with 3 parking spaces and was built in 1980. The property has a land size of 556m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in February 2018.
This set of two bedroom units on one title will definitely meet your investment needs. Solid brick and tile construction, enjoy two incomes with one investment, or you could live in one and rent the other. The open plan design of both units makes them comfortable and practical with two good sized bedrooms, neat and tidy functional kitchens and combined bathroom and laundry. Off street parking is available with one space at the front and two at the rear. Located in a quiet family friendly neighbourhood within an easy level stroll to the lake, shops, schools and transport. An absolute ideal addition to your investment portfolio with excellent tenant history and tenants who would love to stay on. Definite possibility to increase the rental yield and prosper.
The size of Kanahooka is approximately 3.6 square kilometres. It has 8 parks covering nearly 14.8% of total area. The population of Kanahooka in 2011 was 5,166 people. By 2016 the population was 5,562 showing a population growth of 7.7% in the area during that time. The predominant age group in Kanahooka is 60-69 years. Households in Kanahooka are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kanahooka work in a trades occupation. In 2011, 86.7% of the homes in Kanahooka were owner-occupied compared with 85.4% in 2016.
Kanahooka has 2,411 properties. Over the last 5 years, Houses in Kanahooka have seen a 63.20% increase in median value, while Units have seen a 46.11% increase. As at 31 October 2024:
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