OFF MARKET

148 Rawson Street
Kurri Kurri NSW 2327

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 66m2
Land area: 1012m2
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Property Details for 148 Rawson St, Kurri Kurri

148 Rawson St, Kurri Kurri is a 2 bedroom, 1 bathroom Unit and was built in 1965. The property has a land size of 1012m2 and floor size of 66m2. While the property is not currently for sale or for rent, it was last sold in May 2020.

Building Type
Unit
Year Built
1965
Floor Size
66m2
Land Size
1012m2
Local Government
Cessnock
Lot/Plan
6/34/DP758590

Last Listing description (July 2021)

Located on a 1012m2 parcel of land in the heart of town with rear lane access and 'R3 medium density residential' zoning, this property not only offers a current gross return of just over 7% but could have further development potential in the future.
Consisting of four self-contained flats, each featuring two bedrooms, living room, kitchen and bathroom, the current rental return of $220 per week per unit equates to a $45,760 per annum return on your investment which beats any bank and still offers opportunity for increased returns and capital growth. A wise investment for the shrewd investor!

Property History for 148 Rawson St, Kurri Kurri, NSW 2327

A timeline of how this property has performed in the market
Last Sold
$625,000
14 May 2020
  • 14 May 2020
    Sold for $625,000
  • 30 Mar 2020
    Listed for Sale $650,000
  • 10 Aug 1990
    Sold for $163,000

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About Kurri Kurri 2327

The size of Kurri Kurri is approximately 5.2 square kilometres. It has 12 parks covering nearly 8.1% of total area. The population of Kurri Kurri in 2011 was 5,771 people. By 2016 the population was 6,040 showing a population growth of 4.7% in the area during that time. The predominant age group in Kurri Kurri is 20-29 years. Households in Kurri Kurri are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Kurri Kurri work in a trades occupation. In 2011, 64.7% of the homes in Kurri Kurri were owner-occupied compared with 62.1% in 2016.

Kurri Kurri has 3,153 properties.

    There are currently 9 properties listed for sale, and 3 properties listed for rent in Kurri kurri on OnTheHouse. According to CoreLogic's data, 176 properties were sold in the past 12 months in Kurri kurri.

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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.