15 Edney StreetKooringal NSW 2650
Property Details for 15 Edney St, Kooringal
15 Edney St, Kooringal is a 10 bedroom, 5 bathroom Unit with 5 parking spaces. The property has a land size of 1197m2.
Last Listing description (August 2023)
Ready to make your dream a reality and become a landlord? Offered to the market is this canny investment in a town that has an ever increasing demand for rental accommodation. Don't procrastinate, this is too good to miss.
-Neatly presented low maintenance, five two bedroom units are the purchase you have been looking for!
-Spacious lounge rooms, refurbished galley kitchens and functional bathrooms allow for comfortable living.
-5 Bay carport at the rear of the complex
-These units are a short walk to the Kooringal Mall Shopping Center and are have a very low vacancy rate
-All units are currently leased and generate a gross income of $68,900 per annum
-ALL units have been 'strata titled' so can be RE-SOLD individually if desired
-Priced to meet the market these low maintenance units are perfect for any budding investors.
Lease Details are
Unit 1 - $285 per week, lease end 02/2024
Unit 2 - $275 per week, lease end 07/2024
Unit 3 - $275 per week, lease end 02/2024
Unit 4 - $250 per week, lease end 11/2023
Unit 5 - $250 per week, lease end 11/2023
Property History for 15 Edney St, Kooringal, NSW 2650
- 04 Jul 2023Listed for Sale $1,175,000
- 11 Aug 2022Listed for Sale $1,150,000
- 12 Jan 2017Listed for Rent $200 / 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 3,583 properties. Over the last 5 years, Houses in Kooringal have seen a 81.07% increase in median value, while Units have seen a 62.39% increase. As at 31 October 2024:
- The median value for Houses in Kooringal is $510,094 while the median value for Units is $353,764.
- Houses have a median rent of $470 while Units have a median rent of $320.
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