OFF MARKET

3/18 Edney Street
Kooringal NSW 2650

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 72m2
Land area: 1062m2
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Last updated 11 Nov 2024
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Property Details for 3/18 Edney St, Kooringal

3/18 Edney St, Kooringal is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1993. The property has a land size of 1062m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in December 2021.

Building Type
Unit
Year Built
1993
Floor Size
72m2
Land Size
1062m2
Local Government
Wagga Wagga
Lot/Plan
3/SP42997

Last Listing description (January 2022)

Situated at the rear of a quiet, low maintenance complex this unit makes for an ideal entry level investment or first home purchase.

- two bedrooms with built-in robes
- open plan kitchen, living and dining areas

- separate laundry leading out onto a paved courtyard
- tidy bathroom with toilet
- single carport
- currently leased for $200 per week until January 2022, with an annual return of 5.8%

Within walking distance of popular local schools and the Kooringal Mall, and with scope to update to increase yield and capital value, this would make a perfect start or addition to your investment property portfolio.

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 3/18 Edney St, Kooringal, NSW 2650

A timeline of how this property has performed in the market
Last Sold
$172,000
15 Dec 2021
Listed for Rent
$185/w
05 Dec 2018
  • 15 Dec 2021
    Sold for $172,000
  • 28 Jul 2021
    Listed for Sale $179,000
  • 16 Nov 2018
    Listed for Rent $185 / 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.
There are currently 49 properties listed for sale, and 10 properties listed for rent in Kooringal on OnTheHouse. According to CoreLogic's data, 152 properties were sold in the past 12 months in Kooringal.

Suburb Insights for Kooringal 2650

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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.