11 Murnin St, Wallsend is a 4 bedroom, 3 bathroom Unit and was built in 1960. The property has a land size of 670m2 and floor size of 58m2. While the property is not currently for sale or for rent, it was last sold in June 2003.
Attention all investors! Looking for something with multiple income but don t want to do any work yourself? This property contains three self-contained flats (2x 1 bedroom flats and 1x 2 bedroom flat) that have all been renovated. Electricity is separately metered however water is not.
The gross income of the property is $810 per week. Flat one is leased for $230 per week. Flat two is leased for $230 per week. Flat three is leased for $350 per week.
This is a great investment as the property is conveniently located. Just moments from the Wallsend shops and also easy access to the Newcastle Link Road.
The size of Wallsend is approximately 13.5 square kilometres. It has 41 parks covering nearly 6.7% of total area. The population of Wallsend in 2011 was 12,308 people. By 2016 the population was 12,458 showing a population growth of 1.2% in the area during that time. The predominant age group in Wallsend is 20-29 years. Households in Wallsend are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Wallsend work in a professional occupation. In 2011, 65.5% of the homes in Wallsend were owner-occupied compared with 61.2% in 2016.
Wallsend has 6,595 properties. Over the last 5 years, Houses in Wallsend have seen a 68.79% increase in median value, while Units have seen a 53.05% increase. As at 31 October 2024:
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