2/129 Smith St, Kempsey is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 2959m2 and floor size of 78m2.
This recently renovated two-bedroom unit with river views is an ideal investment for those with property in their investment mix. With a 5.78% gross return (working on an estimated $370 per week rental return) is better than super or more to the point add this to your Super Portfolio. Built in a Townhouse style with the 2 bedrooms upstairs both with built in robes, ceiling fans and one offering a Juliet style balcony with views of the Macleay River. To complete the upstairs there is a separate toilet and main bathroom which has been delightfully renovated. Downstairs offers a renovated internal laundry separate toilet, kitchen and lounge room, that opens up onto a small covered entertaining area. The Kitchen has been tastefully renovated and offers a dishwasher. And it's position in town is 2nd to none with only a short walk to all the major stores and Kempsey's CBD. Call today and arrange your inspection!
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:
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