40/40A Abermain StreetPelaw Main NSW 2327
Property Details for 40/40a-B Abermain St, Pelaw Main
40/40a-B Abermain St, Pelaw Main is a 5 bedroom, 2 bathroom House with 2 parking spaces. The property has a floor size of 214m2.
Last Listing description (December 2016)
Two houses on one title and at one price with two income streams that definitely beats bank returns! Set on a quarter acre (1012m2) corner block with two street frontage, combined rental return of $500 per week and tenants who are happy to stay, this property is perfect for investors looking for a steady income stream and has plenty of potential for capital gain.
Both homes could benefit from some refurbishment to improve the returns further however as they stand there is a three bedroom vinyl-clad cottage and a separate two bedroom weatherboard home with each returning $250 per week. A unique opportunity, so don't miss out and book your inspection today!
Property History for 40/40a-B Abermain St, Pelaw Main, NSW 2327
- 16 Oct 2015Listed for Sale $359,000
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0About Pelaw Main 2327
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:
- The median value for Houses in Pelaw Main is $594,195 while the median value for Units is $449,215.
- Houses have a median rent of $475.
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