3 Baird Ave, Kooringal is a 3 bedroom, 1 bathroom House. The property has a land size of 672m2 and floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in February 2021.
The Wagga investment market is very strong and provides cash positive investment opportunities.
This three bedroom hardiplank home is currently rented to a young family paying $210 per week. That's a gross yield just under 7%.
Kooringal is a suburb of Wagga Wagga located just to the south east of the Central Business District. The suburb is very well serviced with the Kooringal Mall within a kilometer. There is good public transport and the property is zoned to excellent Primary and Secondary Schools. House prices in this area have performed very well with the suburb offering a diverse range of homes ranging in price from the mid $100,000's to homes in excess of $1 million.
This home in Baird Street Kooringal provides an affordable entry into a property market that is expected to enjoy solid growth with the City forecast to grow to a population of 100,000 by 2038.
Land Area: 672.1 square metres
Council Rates: $1,681.17 p/a
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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 3,584 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:
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