OFF MARKET

1/10 Thompson Street
Murwillumbah NSW 2484

Bedrooms: 7
Bathrooms: 3
Car spaces: 3
Land area: 601m2
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Property Details for 1/10 Thompson St, Murwillumbah

1/10 Thompson St, Murwillumbah is a 7 bedroom, 3 bathroom Unit with 3 parking spaces. The property has a land size of 601m2.

Building Type
Unit
Land Size
601m2
Local Government
Tweed

Last Listing description (August 2018)

Laughing all the way to the bank with this prime investment property in a highly desirable Flood Free area of Murwillumbah. Just minutes walk to shops, schools, parks, Clubs and the C.B.D of Murwillumbah, this is one you don't want to pass by.
This Residentially zoned property has 3 rental incomes with long term tenants, reaping $920 per week. Consisting of an extra large 3 bedroom bright and airy Flat and 2 x 2 bedroom Flats, this property lends itself to an astute investor to just leave as is and roll in the rental income.
Features

3 well maintained, weatherboard units consisting of 1x3 bed, 2x2 bed
No Body Corporate fees
Modern Kitchens and Bathrooms
Lock up garages
Ideally Located
Low Maintenance
Solid Construction
Great rental return
Immaculately maintained, the Property has a new colour bond roof, new concrete paths and driveways and a large concrete area out the back, established lawns and gardens. A must to inspect at this bargain price. An Incredible yield for today's standards. THAT'S GOLD.

Property History for 1/10 Thompson St, Murwillumbah, NSW 2484

A timeline of how this property has performed in the market
Listed for Rent
$370/w
14 Jul 2017
  • 23 May 2018
    Listed for Sale $759,000
  • 03 May 2017
    Listed for Rent - Price not available
  • 27 May 2016
    Listed for Rent - Price not available
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About Murwillumbah 2484

The size of Murwillumbah is approximately 12 square kilometres. It has 21 parks covering nearly 10.4% of total area. The population of Murwillumbah in 2011 was 6,342 people. By 2016 the population was 7,034 showing a population growth of 10.9% in the area during that time. The predominant age group in Murwillumbah is 50-59 years. Households in Murwillumbah are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Murwillumbah work in a professional occupation. In 2011, 65.1% of the homes in Murwillumbah were owner-occupied compared with 65.5% in 2016.

Murwillumbah has 4,121 properties. Over the last 5 years, Houses in Murwillumbah have seen a 68.99% increase in median value, while Units have seen a 121.04% increase. As at 31 October 2024:

  • The median value for Houses in Murwillumbah is $796,471 while the median value for Units is $370,540.
  • Houses have a median rent of $695 while Units have a median rent of $420.
There are currently 28 properties listed for sale, and 18 properties listed for rent in Murwillumbah on OnTheHouse. According to CoreLogic's data, 153 properties were sold in the past 12 months in Murwillumbah.

Suburb Insights for Murwillumbah 2484

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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.