1 Summerland Way, Kyogle is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 794m2.
Opportunity to invest in 2 X 2 bedrooms units with good tenant history, walking distance to CBD, schools & coffee shops
* Long term tenants in place and wanting to stay on
* All 4 bedrooms are a good size, with French doors/doors opening onto front veranda
Investment
The size of Kyogle is approximately 30.1 square kilometres. It has 9 parks covering nearly 1.3% of total area. The population of Kyogle in 2011 was 2,553 people. By 2016 the population was 2,204 showing a population decline of 13.7% in the area during that time. The predominant age group in Kyogle is 60-69 years. Households in Kyogle are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Kyogle work in a labourer occupation. In 2011, 69.1% of the homes in Kyogle were owner-occupied compared with 64.8% in 2016.
Kyogle has 1,429 properties. Over the last 5 years, Houses in Kyogle have seen a 81.30% increase in median value, while Units have seen a 131.85% increase. As at 31 October 2024:
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