10 Phegan St, Woy Woy is a 3 bedroom, 2 bathroom House and was built in 1979. The property has a land size of 797m2 and floor size of 103m2. While the property is not currently for sale or for rent, it was last sold in May 2020.
Unbelievable investment opportunity showing approximately 7% returns. Handily positioned close to the thriving Woy Woy CBD, sees this three bedroom brick and tile home plus a one bedroom, self-contained sleep-out. The property is set on a large, approx. 797 m2 block in walking distance to all services and facilities in the hub of Woy Woy.
Both the house and the sleep-out are on rolling leases to good tenants, making it a potential 'set and forget' investment with dual income returns. The current, combined income yields are $790 per week, making this property appealing to any conscientious buyer.
The property is well positioned, and close to facilities and services such as:
RENTAL YIELDS
* House: $450 per week
* Sleep-out: $340 per week
* Block size: 797 m2
The size of Woy Woy is approximately 19 square kilometres. It has 24 parks covering nearly 57.8% of total area. The population of Woy Woy in 2011 was 10,113 people. By 2016 the population was 10,628 showing a population growth of 5.1% in the area during that time. The predominant age group in Woy Woy is 60-69 years. Households in Woy Woy are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Woy Woy work in a professional occupation. In 2011, 62.2% of the homes in Woy Woy were owner-occupied compared with 60% in 2016.
Woy Woy has 6,099 properties. Over the last 5 years, Houses in Woy Woy have seen a 64.97% increase in median value, while Units have seen a 43.58% increase. As at 31 October 2024:
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