16 Memorial AvenueKempsey NSW 2440
Property Details for 16 Memorial Ave, Kempsey
16 Memorial Ave, Kempsey is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 626m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in September 2013.
Last Listing description (February 2017)
(Firstly, let me apologise about the photos-the tenant was sick and couldn't do anything!)
GOOD INVESTMENT = Good handy location that returns good permanent rent, big block, solid brick home that is rentable now but also has the capacity to offer the combination of tax deductions via 'maintenance' that will also improve the value of the asset.
In other words, a good investment is this place: 16 Memorial Avenue, Kempsey. It's a great, affordable investment property (a smart buy) that will offer tax savings in the near future as well as asset growth in the long term.
You'll never be without a good tenant in this location - it's highly sort because you can walk everywhere! The parkland across the road is a big bonus for kids, dogs and fitness freaks!
Features of the home include:
- 2 big bedrooms.
- Solid bathroom.
- Lovely tongue and groove hardwood flooring (hidden under that lovely old carpet-shame!).
- Some delightful wall paper in the kitchen and bathroom (personally I'd soak it off with a big wet sponge on a hot summer's day).
- New Crim-Safe screens.
- Wonderful double lock-up garage/storage underneath.
- Wonderful tiled roof.
- Easy access underneath to fix anything eg, plumbing, wiring.
- Good walls and ceilings inside.
Yeah, you could get a new funky little kitchen one day too if you like!
But look at the price! This one has happy tenant at the moment (but he's only paying $150/wk mates rates - you really could get $240/wk without doing anything to the home).
Yes, it is a good idea to hurry! Call any day, anytime.
Property History for 16 Memorial Ave, Kempsey, NSW 2440
- 10 Sep 2013Sold for $155,000
- 31 May 2013Listed for Sale OFFERS OVER $160,000
- 23 Mar 1988Sold for $60,000
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About Kempsey 2440
The size of Kempsey is approximately 7.8 square kilometres. It has 5 parks covering nearly 3.6% of total area. The population of Kempsey in 2011 was 390 people. By 2016 the population was 473 showing a population growth of 21.3% in the area during that time. The predominant age group in Kempsey is 50-59 years. Households in Kempsey are primarily single parents and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Kempsey work in a labourer occupation. In 2011, 50.9% of the homes in Kempsey were owner-occupied compared with 43.5% in 2016.
Kempsey has 716 properties. Over the last 5 years, Houses in Kempsey have seen a 56.05% increase in median value, while Units have seen a 71.50% increase. As at 31 October 2024:
- The median value for Houses in Kempsey is $406,539 while the median value for Units is $406,365.
- Houses have a median rent of $320 while Units have a median rent of $285.
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