OFF MARKET

1 Bundemar Street
Warren NSW 2824

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 160m2
Land area: 1322m2
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Last updated 11 Nov 2024
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Property Details for 1 Bundemar St, Warren

1 Bundemar St, Warren is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2000. The property has a land size of 1322m2 and floor size of 160m2. While the property is not currently for sale or for rent, it was last sold in September 2018.

Building Type
Unit
Year Built
2000
Floor Size
160m2
Land Size
1322m2
Local Government
Warren
Lot/Plan
1/DP655897

Last Listing description (October 2019)

7 x flats all on one title returning $825pw.
Good condition and very low vacancy rates .
The property is being managed professionally so you can just sit back and let your investment pay itself off.

6 x 1 bedroom flats
1 x studio
All with kitchens and bathrooms . Good tenants.
Cashcow grossing over 12% with low overheads .
Perfect for self managed superfunds or an added income
$825pw with very low vacancy rates in town.
The very tight local rental market will ensure these units are easily leased and have a very high occupancy rate.
The property is both neat and tidy and in good condition, so there is not a thing to be done before you start benefiting from your investment.
The units are situated on a large corner block 1322m2 aprox that also includes parking and two sheds.
With a strong return like this, this property won t last long.
Please click on email agent button and submit enquiry form to arrange inspection

Property History for 1 Bundemar St, Warren, NSW 2824

A timeline of how this property has performed in the market
Last Sold
$345,000
26 Sep 2018
Listed for Rent
$1.23k/w
31 Mar 2020
  • 27 Jun 2019
    Listed for Rent - Price not available
  • 07 Jan 2019
    Listed for Rent - Price not available
  • 26 Sep 2018
    Sold for $345,000
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About Warren 2824

The size of Warren is approximately 238.5 square kilometres. It has 3 parks covering nearly 0.4% of total area. The population of Warren in 2011 was 1,598 people. By 2016 the population was 1,343 showing a population decline of 16.0% in the area during that time. The predominant age group in Warren is 0-9 years. Households in Warren are primarily childless couples and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Warren work in a managers occupation. In 2011, 64.7% of the homes in Warren were owner-occupied compared with 65.7% in 2016.

Warren has 976 properties. Over the last 5 years, Houses in Warren have seen a 50.01% increase in median value, while Units have seen a 12.64% increase. As at 31 October 2024:

  • The median value for Houses in Warren is $175,390 while the median value for Units is $213,185.
  • Houses have a median rent of $330 while Units have a median rent of $200.
There are currently 1 property listed for sale, and no properties listed for rent in Warren on OnTheHouse. According to CoreLogic's data, 30 properties were sold in the past 12 months in Warren.

Suburb Insights for Warren 2824

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.