10 Burigal St, Narrabri is a 10 bedroom, 5 bathroom House with 5 parking spaces and was built in 1950. The property has a land size of 1012m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in July 2015.
Our mum has retired and is cashing in her superannuation. Here is your chance to purchase a block of 5 units all with solid tenants paying $190 per week ($49,400 P.A). At 7% net return these units are positively geared and what better time to borrow and let the rental return pay off your property. There are 5 x 2 bedroom units with built in robes in four of the main bedrooms. Each are self-contained and have polished floors and good kitchens, tiled bathroom/laundry combined. Each have their own carport, all are air conditioned. All units are tenanted to long term tenants.
The size of Narrabri is approximately 1,294.2 square kilometres. It has 22 parks covering nearly 10.7% of total area. The population of Narrabri in 2011 was 7,391 people. By 2016 the population was 7,614 showing a population growth of 3.0% in the area during that time. The predominant age group in Narrabri is 0-9 years. Households in Narrabri are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Narrabri work in a trades occupation. In 2011, 64.1% of the homes in Narrabri were owner-occupied compared with 63.5% in 2016.
Narrabri has 4,467 properties. Over the last 5 years, Houses in Narrabri have seen a 75.10% increase in median value, while Units have seen a 103.83% increase. As at 31 October 2024:
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