54 Mooloobar StreetNarrabri NSW 2390
Property Details for 54 Mooloobar St, Narrabri
54 Mooloobar St, Narrabri is a 6 bedroom, 3 bathroom BlockOfUnits. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 6 bedroom BlockOfUnits sold in Narrabri in the last 12 months.
Last Listing description (November 2024)
Set on a generous 1,012 square metres, this high yielding unit complex is an ideal choice for savvy investors. Offering 3 x 2 bedroom units with scope for adding a 4th unit to the complex, this property abounds with great returns and future potential. With vacancy rates sitting around just 1%, these quality brick units are a popular choice for tenants and offer a safe long-term hold for the next investor, not to be missed!
• Unit 1 – Leased until April 2025 for $280 per week
• Unit 2 – Leased for $265 per week on a periodic lease
• Combined current return of $810 per week with considerable upside potential
• Potential to add an additional 4th unit (subject to council approval)
• Convenient location in a family friendly locale
Offering immediate positive returns for purchasers seeking a high yielding investment with further upside potential, this appealing brick complex will attract immediate interest. Don't miss out, contact Hennessy Real Estate on 6792 5566 today!
Property History for 54 Mooloobar St, Narrabri, NSW 2390
- 12 Nov 2024Sold for $642,000
- 23 Oct 2024Listed for Sale $650,000
- 07 Mar 2019Listed for Rent $200 / week
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0About Narrabri 2390
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 4,470 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:
- The median value for Houses in Narrabri is $376,407 while the median value for Units is $249,723.
- Houses have a median rent of $480 while Units have a median rent of $318.
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