16 Fay AvenueKooringal NSW 2650
Property Details for 16 Fay Ave, Kooringal
16 Fay Ave, Kooringal is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2000. The property has a land size of 732m2 and floor size of 180m2. While the property is not currently for sale or for rent, it was last sold in October 2020.
Last Listing description (November 2020)
A great investment opportunity
- current DHA lease until 2023 at $400 per week, with an estimated 4.9% gross return
- option period available: 1 x up to 36 months
- the lessor may also be entitled to a lease-end make-good (refer to the DHA Lease Agreement)
- main bedroom is separate at the front of the home and features an ensuite and walk-in robe
- remaining three bedrooms all include built-in robes
- light filled meals area forms part of the open plan kitchen and living space
- multiple living zones with the large tiled living area at the rear plus a separate lounge room
- undercover outdoor entertaining area plus garden shed in the backyard
- double garage with internal and rear yard access
- ducted gas heating and ducted evaporative air-conditioning
Great Kooringal location and a good investment opportunity, this home has some great potential
All of the information contained in this document is from sources the Agent and Vendor believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
Gross rental return based on current listing price and rent per week, subject to change.
Property History for 16 Fay Ave, Kooringal, NSW 2650
- 07 Oct 2020Sold for $423,000
- 02 Sep 2020Sold
- 16 Nov 2018Listed for Sale $425,000
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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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