101-103 Richmond StreetWoodburn NSW 2472
Property Details for 101-103 Richmond St, Woodburn
101-103 Richmond St, Woodburn is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1930. The property has a land size of 2035m2 and floor size of 220m2. While the property is not currently for sale or for rent, it was last sold in May 2014.
Last Listing description (May 2014)
LARGE 2035M2 CORNER BLOCK INVESTMENT!
POSITIONED OFF THE HIGHWAY ON A LEAFY ALLOTMENT THIS 2035M2 CORNER BLOCK HAS A WORLD OF OPPORTUNITIES FOR THE ASTUTE INVESTOR. SET UP AS 2 UNITS THE PROPERTY CURRENTLY ACHIEVES $370.00 PER WEEK WITH THE POTENTIAL UPSIDE OF SUBDIVISION STCA. FEATURES INCLUDE:ONE UNIT WITH HAS BEEN RENOVATED AND THE OTHER COULD BENEFIT FROM THE SAME.LARGE CORNER BLOCK WITH 2 STREET FRONTAGE AND REAR LANE ACCESS FROM UNFORMED ROAD.NORTHERLY ASPECT FROM RICHMOND STREET WITH CANE PADDOCKS TO THE REAR.LARGE ENOUGH ALLOTMENT FOR A SPLIT SO EACH BLOCK POTENTIALLY HAS 2 ACCESS POINTS.FINDING APPROX 6% GROSS RETURN THAT CAN BE SUBDIVIDED IN TOWN IS NOT EASY.THE PROPERTY CAN STAY ON THE EXISTING TITLE AS LONG AS YOU LIKE AND SUBDIVIDE IN THE FUTURE AFTER THE HIGHWAY BYPASS GOES THROUGH OR YOU COULD SUBDIVIDE IT STRAIGHT AWAY STCA, THE CHOICE IS YOURS. FOR AN INSPECTION PLEASE CALL BRODY ALECKSON ON 0428 661 402
Property History for 101-103 Richmond St, Woodburn, NSW 2472
- 15 May 2014Sold for $306,000
- 16 Dec 2013Listed for Sale $315,000
- 05 Feb 2013Listed for Rent $185 / week
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0About Woodburn 2472
The size of Woodburn is approximately 52.2 square kilometres. It has 3 parks covering nearly 5.3% of total area. The population of Woodburn in 2011 was 775 people. By 2016 the population was 729 showing a population decline of 5.9% in the area during that time. The predominant age group in Woodburn is 60-69 years. Households in Woodburn are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Woodburn work in a trades occupation. In 2011, 70.3% of the homes in Woodburn were owner-occupied compared with 67.1% in 2016.
Woodburn has 476 properties. Over the last 5 years, Houses in Woodburn have seen a 40.07% increase in median value, while Units have seen a 55.02% increase. As at 31 July 2024:
- The median value for Houses in Woodburn is $489,092 while the median value for Units is $331,149.
- Houses have a median rent of $520.
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