OFF MARKET

9 Drover Street
Wauchope NSW 2446

Bedrooms: 6
Bathrooms: 3
Car spaces: 2
Floor area: 148m2
Land area: 692m2
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Property Details for 9 Drover St, Wauchope

9 Drover St, Wauchope is a 6 bedroom, 3 bathroom House with 2 parking spaces and was built in 2015. The property has a land size of 692m2 and floor size of 148m2. While the property is not currently for sale or for rent, it was last sold in March 2023.

Building Type
House
Year Built
2015
Floor Size
148m2
Land Size
692m2
Local Government
Port Macquarie-Hastings
Lot/Plan
2/DP1199169

Last Listing description (June 2023)

Vaunting a dual income, this excellent investment opportunity is positioned in the most convenient of locations in the Timbertown Estate within walking distance to most amenities. Both residences offer high quality finishes with top level appliances.

Residence 1 is leased at $540 p/w
Residence 2 is leased at $410 p/w

Combined annual income of $49,400 or a 5% + yield

With rising interest rates this is the perfect opportunity to secure a high cash flow property for the savvy investor with plenty of scope for future growth in the growing Wauchope region.

- Tiled flooring in living areas
- Split system AC in both residences
- 15 minutes to Port Macquarie CBD
- Tenants wanting to stay on long term
- Low maintenance corner block
- Located in a majority owner occupied estate
- Built in 2015

Property Details:
Council Rates: $3200 per annum
Land Size: 692m2

DISCLAIMER: The information contained in the advertising of this property is based on information provided to the agents, and the vendor and agents expressly disclaim any liability arising therefrom. The accuracy of the information cannot be guaranteed, and prospective purchasers should make their own enquiries and form their own judgement as to these matters.

Property History for 9 Drover St, Wauchope, NSW 2446

A timeline of how this property has performed in the market
Last Sold
$900,000
31 Mar 2023
Listed for Rent
$548/w
20 Aug 2022
  • 31 Mar 2023
    Sold for $900,000
  • 02 Mar 2023
    Listed for Sale Contact Agent
  • 01 Jul 2021
    Listed for Rent $520 / week
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About Wauchope 2446

The size of Wauchope is approximately 17.8 square kilometres. It has 22 parks covering nearly 19.7% of total area. The population of Wauchope in 2011 was 5,952 people. By 2016 the population was 6,295 showing a population growth of 5.8% in the area during that time. The predominant age group in Wauchope is 0-9 years. Households in Wauchope are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Wauchope work in a trades occupation. In 2011, 64.2% of the homes in Wauchope were owner-occupied compared with 63.5% in 2016.

Wauchope has 3,804 properties. Over the last 5 years, Houses in Wauchope have seen a 54.16% increase in median value, while Units have seen a 41.08% increase. As at 31 October 2024:

  • The median value for Houses in Wauchope is $621,852 while the median value for Units is $482,020.
  • Houses have a median rent of $540 while Units have a median rent of $445.
There are currently 29 properties listed for sale, and 17 properties listed for rent in Wauchope on OnTheHouse. According to CoreLogic's data, 169 properties were sold in the past 12 months in Wauchope.

Suburb Insights for Wauchope 2446

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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.