52 Middleton StreetSouth Kempsey NSW 2440
Property Details for 52 Middleton St, South Kempsey
52 Middleton St, South Kempsey is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 812m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in October 2022.
Last Listing description (November 2022)
This property has some great features, large block, check. Access from 3 sides, check. Potential for Dual Occupancy, check. This would be a great opportunity for the investor that doesn't mind a little work. Or perhaps you're a home buyer trying to break into the market, with a home that has space away from the neighbours?
Let's be honest the home has seen better days, and currently, you have a blank canvas. The home could be returned to its charming self with a little bit of elbow grease. It's a matter of how far you want to go. So, what are the essentials that need doing, floor coverings, paint, windows, fix the kitchen, and could be on your way to re-renting the property. Most recently the home was rented for $310 per week, but our rental team believe that you could achieve up to $360 per week (including water and lawns).
Now, this is a large block of 809.4sqm, so there is the potential there to put another dwelling (subject to council approval) on the block, it's got access on 3 sides so making an entry for the second dwelling will be easy. There have been other properties nearby that have put on a second dwelling, that are perfect for a single person which are currently renting for $250 - $280 per week.
So, if you're in the market for an investment and you're happy to do the work or you're a home buyer ready for a challenge, then call us today to arrange your private inspection.
DISCLAIMER: All information contained herein is gathered from sources we believe to be reliable. We cannot however guarantee its accuracy and interested parties should make and rely on their own enquiries.
Property History for 52 Middleton St, South Kempsey, NSW 2440
- 10 Oct 2022Sold for $247,500
- 16 Aug 2022Listed for Sale $265,000
- 05 Feb 2021Listed for Rent $310 / week
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About South Kempsey 2440
The size of South Kempsey is approximately 66.3 square kilometres. It has 8 parks covering nearly 28.7% of total area. The population of South Kempsey in 2011 was 2,466 people. By 2016 the population was 2,309 showing a population decline of 6.4% in the area during that time. The predominant age group in South Kempsey is 0-9 years. Households in South Kempsey are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in South Kempsey work in a professional occupation. In 2011, 59.4% of the homes in South Kempsey were owner-occupied compared with 62.3% in 2016.
South Kempsey has 1,566 properties. Over the last 5 years, Houses in South Kempsey have seen a 53.91% increase in median value, while Units have seen a 71.35% increase. As at 31 October 2024:
- The median value for Houses in South Kempsey is $421,603 while the median value for Units is $404,821.
- Houses have a median rent of $460 while Units have a median rent of $350.
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