15/11 Forbes St, Warwick Farm is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 2 bedroom Unit sold in Warwick Farm in the last 12 months.
Discover this neat and tidy 2-bedroom unit nestled within a well-maintained building boasting remarkably low strata costs of just $450 per quarter. This cozy unit has been occupied by the same tenant since 2021, currently yielding a rental income of $300 per week.
Situated on the first floor, this unit spans 59 square meters internally and features an inviting open lounge and dining area, a separate kitchen, 2 bedrooms, a bathroom, internal laundry facilities, a balcony adjoining the dining room, floating timber flooring throughout, updated kitchen and a convenient single lock-up garage.
The complex comprises only 24 units spread across 2 buildings, offering enhanced security with a gated entrance and intercom access.
Key Outgoings:
- Strata Levies: $450 per quarter
- Water Rates: $170 per quarter
- Council Rates: $330 per quarter
This property presents an excellent opportunity for investors or those seeking a comfortable, low-maintenance lifestyle in a secure and convenient location.
The size of Warwick Farm is approximately 4.6 square kilometres. It has 20 parks covering nearly 43.5% of total area. The population of Warwick Farm in 2011 was 4,492 people. By 2016 the population was 5,862 showing a population growth of 30.5% in the area during that time. The predominant age group in Warwick Farm is 30-39 years. Households in Warwick Farm are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Warwick Farm work in a professional occupation. In 2011, 29.9% of the homes in Warwick Farm were owner-occupied compared with 27.8% in 2016.
Warwick Farm has 3,436 properties. Over the last 5 years, Houses in Warwick Farm have seen a 56.30% increase in median value, while Units have seen a 15.62% increase. As at 31 August 2024:
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