41 Nullum StreetMurwillumbah NSW 2484
Property Details for 41 Nullum St, Murwillumbah
41 Nullum St, Murwillumbah is a 8 bedroom, 4 bathroom Unit with 8 parking spaces. The property has a land size of 1042m2 and floor size of 116m2. While the property is not currently for sale or for rent, it was last sold in September 2023.
Last Listing description (November 2023)
Super Investment property which will provide a 6-7% yield.
Indicative rental of 4 x $430-450 per week (you do the maths)
With rentals at an all time high demand this is a no brainer for the astute investor.
- Ample downstairs garage and storage facilities for each unit
- Currently tenanted with long term secure tenants in place
- Recently renewed roof
- Handy Rear Lane Access
- Walk to everything the bustling township of Murwillumbah has to offer
- Close to schools / shops / public transport.
- Land bank for future possible development
DISCLAIMER
All information (including but not limited to the property area, floor size, price, address and general property description) is provided as a convenience to you and has been provided to Northern Rivers Property Group / @realty by third parties.
This Information should not be relied upon alone and you should make your own enquiries and seek legal advice in respect to all information about the property contained in this advertisement.
Property History for 41 Nullum St, Murwillumbah, NSW 2484
- 14 Sep 2023Sold for $1,000,000
- 08 Mar 2023Listed for Sale Under Contract
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0About 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.
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