21 Stanford St, Pelaw Main is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 1940. The property has a land size of 968m2 and floor size of 205m2. While the property is not currently for sale or for rent, it was last sold in June 2021.
This former shop and residence is currently set up as two large self-contained flats with a weekly combined rent return of $530 per week.
Set on 969m2 block with wide road frontage the property has side lane access to rear of the land so both tenants also have a good sized garden area for themselves too. Inside the front unit has two large bedrooms, spacious lounge room, tidy kitchen and is currently leased for $230 per week.
The rear unit has three bedrooms, spacious country kitchen with polished timber floors, big living area and a current return of $300 per week.
A solid return for investors with plenty of potential for future growth!
The size of Pelaw Main is approximately 9.2 square kilometres. It has 5 parks covering nearly 0.8% of total area. The population of Pelaw Main in 2011 was 1,026 people. By 2016 the population was 1,027 showing a population growth of 0.1% in the area during that time. The predominant age group in Pelaw Main is 60-69 years. Households in Pelaw Main are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Pelaw Main work in a trades occupation. In 2011, 70.7% of the homes in Pelaw Main were owner-occupied compared with 67.1% in 2016.
Pelaw Main has 501 properties. Over the last 5 years, Houses in Pelaw Main have seen a 92.72% increase in median value, while Units have seen a 78.63% increase. As at 31 October 2024:
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