3/34 Manoora Ave, Mount Austin is a 6 bedroom, 3 bathroom Unit with 3 parking spaces and was built in 1989. The property has a land size of 787m2 and floor size of 78m2.
A fantastic three-tier investment option with loads of upside. Consisting of three two-bedroom properties with solid returns and historically low vacancy.
All Units - 1,2&3 include:
Kitchen with gas oven & cooktop with generous bench & cupboard space
Unit 1 - Original condition
Unit 2 - Original condition
Unit 3 - Fully renovated, new kitchen, updated bathroom, paintwork, flooring & curtains
Additional features - Electric hotwater, private garden area
Rental Returns:
Unit 1 - $180 per week
Unit 2 - $190 per week
Unit 3 - $250 per week (Currently for lease)
Potential yearly income of $32,240, Gross return of 6.7% at asking price.
Rates - $3,674.97p.a
Land - 778 sqm
Currently on one title, NO strata.
Moments to Turvey Park shopping, primary & secondary schooling and bus routes.
Income and expenses can be provided upon request.
The size of Mount Austin is approximately 2.6 square kilometres. It has 9 parks covering nearly 30.3% of total area. The population of Mount Austin in 2011 was 3,999 people. By 2016 the population was 3,968 showing a population decline of 0.8% in the area during that time. The predominant age group in Mount Austin is 0-9 years. Households in Mount Austin are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Mount Austin work in a trades occupation. In 2011, 55.9% of the homes in Mount Austin were owner-occupied compared with 52% in 2016.
Mount Austin has 1,870 properties. Over the last 5 years, Houses in Mount Austin have seen a 83.33% increase in median value, while Units have seen a 61.31% increase. As at 28 February 2025:
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