3 Acacia AvenueWaratah West NSW 2298
Property Details for 3 Acacia Ave, Waratah West
3 Acacia Ave, Waratah West is a 0 bedroom, 0 bathroom House with 1 parking spaces and was built in 2024. The property has a land size of 515m2 and floor size of 138m2. While the property is not currently for sale or for rent, it was last sold in March 2022.
Last Listing description (May 2022)
Forget the renovate or detonate catch phrase. The detonation part has already been done. Purchase the land with approved DA in place and get cracking!
Situated close to the station, the University and Hospital this location is ideal for investors. The approved plans are to construct a dual key property consisting of
- 4 bedroom, 2 bathroom, single remote garage dwelling on one side
When constructed these properties will feature kitchens with caesar stone benches and modern appliances. All 6 bedrooms have built ins and each property will have a private yard.
The larger 4 bedroom property also features an undercover alfresco area and a large walk in pantry whilst the master bedroom has an ensuite and walk in robe.
The land has been cleared and all required certifications are in place, meaning construction can begin as soon as you are ready.
RENTAL APPRAISAL
A combined rental appraisal of over $1,000 per week is based on current rents and in today's market is likely to be even more once construction is complete!
* 4 bedroom dwelling = $550 - $570 pw
* 2 bedroom dwelling = $450 - $460 pw
For more information on this unique opportunity; contact Paul Hartgers on 0425 392 985.
Property History for 3 Acacia Ave, Waratah West, NSW 2298
- 22 Mar 2022Sold for $567,500
- 09 Mar 2022Listed for Sale Expressions of Interest
- 18 Dec 2017Listed for Rent - Price not available
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About Waratah West 2298
The size of Waratah West is approximately 1.7 square kilometres. It has 11 parks covering nearly 25.8% of total area. The population of Waratah West in 2011 was 2,676 people. By 2016 the population was 3,000 showing a population growth of 12.1% in the area during that time. The predominant age group in Waratah West is 20-29 years. Households in Waratah West are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Waratah West work in a professional occupation. In 2011, 60.4% of the homes in Waratah West were owner-occupied compared with 55.6% in 2016.
Waratah West has 1,318 properties. Over the last 5 years, Houses in Waratah West have seen a 71.26% increase in median value, while Units have seen a 43.29% increase. As at 31 October 2024:
- The median value for Houses in Waratah West is $843,824 while the median value for Units is $597,434.
- Houses have a median rent of $593 while Units have a median rent of $545.
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