SOLD
RECENT ADVICE
Sold on 15 Apr 2024 for $940,000

1 Sherwood Avenue
Kooringal NSW 2650

Bedrooms: 8
Bathrooms: 4
Car spaces: 4
Floor area: 107m2
Land area: 664m2
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Property Details for 1 Sherwood Ave, Kooringal

1 Sherwood Ave, Kooringal is a 8 bedroom, 4 bathroom Unit with 4 parking spaces. The property has a land size of 664m2 and floor size of 107m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 8 bedroom Unit sold in Kooringal in the last 12 months.

Building Type
Unit
Floor Size
107m2
Land Size
664m2
Local Government
Wagga Wagga
Lot/Plan
11/DP242635

Last Listing description (May 2024)

This investment property is conveniently located between the Kooringal Mall and Wagga Wagga's Central Business District. Fully leased, the four, two-bedroom units are well presented with two long term tenants and a combined weekly rent of $1,075. Unit rents ranging between $250 - $285 per week.

The units have been renovated with all units having new kitchens and 3 of the units having renovated bathrooms. Each unit having a private courtyard garden and an external laundry.

This investment represents an outstanding opportunity for investors to secure a multi-unit investment and we expect strong interest. Please register your interested by contacting Richard 0409 005 336 or Lisa 0411 371 564

Estimated Annual Rent: $55,380 per annum
Council Rates: $5,442.02 per annum
Water Rates: $160 per quarter plus usage

Disclaimer:
All information contained herein is gathered from sources we deem reliable. However, we cannot guarantee its accuracy and act as a messenger only in passing on the details. Interested parties should rely on their own enquiries. Some of our properties are marketed from time to time without a price guide at the vendors request. This website may have filtered the property into a price bracket for website functionality purposes. Any personal information given to us during the course of the campaign will be kept on our database for follow up and to market other services and opportunities unless instructed in writing. https://prdwagga.com.au/privacy-policy//

Property History for 1 Sherwood Ave, Kooringal, NSW 2650

A timeline of how this property has performed in the market
Last Sold
$940,000
15 Apr 2024
Listed for Rent
$410/w
17 May 2022
  • 15 Apr 2024
    Sold for $940,000
  • 13 Mar 2024
    Listed for Sale $850,000 - $900,000
  • 17 May 2022
    Listed for Rent $410 / week
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About Kooringal 2650

The size of Kooringal is approximately 4.8 square kilometres. It has 6 parks covering nearly 7.2% of total area. The population of Kooringal in 2011 was 7,308 people. By 2016 the population was 7,228 showing a population decline of 1.1% in the area during that time. The predominant age group in Kooringal is 20-29 years. Households in Kooringal are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Kooringal work in a professional occupation. In 2011, 61.9% of the homes in Kooringal were owner-occupied compared with 59.7% in 2016.

Kooringal has 3,603 properties. Over the last 5 years, Houses in Kooringal have seen a 78.28% increase in median value, while Units have seen a 58.88% increase. As at 30 September 2024:

  • The median value for Houses in Kooringal is $501,254 while the median value for Units is $346,495.
  • Houses have a median rent of $470 while Units have a median rent of $310.
There are currently 46 properties listed for sale, and 7 properties listed for rent in Kooringal on OnTheHouse. According to CoreLogic's data, 161 properties were sold in the past 12 months in Kooringal.

Suburb Insights for Kooringal 2650

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PRD Real Estate Wagga Wagga
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.