OFF MARKET

55-57 Neeld Street
Wyalong NSW 2671

Bedrooms: 4
Bathrooms: 2
Car spaces: -
Floor area: 312m2
Land area: 2023m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 11 Nov 2024
Low

High
Save

Property Details for 55-57 Neeld St, Wyalong

55-57 Neeld St, Wyalong is a 4 bedroom, 2 bathroom Unit and was built in 1900. The property has a land size of 2023m2 and floor size of 312m2. While the property is not currently for sale or for rent, it was last sold in August 2015.

Building Type
Unit
Year Built
1900
Floor Size
312m2
Land Size
2023m2
Local Government
Bland
Lot/Plan
3/3/DP759123

Last Listing description (August 2020)

These two properties to be sold are on two separate titles. The residential property is a 3 bedroom ex-transportable home. It has substantial fixed improvements to be outside such as an entertainment area. The current rental income is $140 per week. The 2 commercial buildings are adjacent to the residence. One has been converted into a studio apartment. The current rental income is $65 per week. The other is currently in use as a furniture storage area by the owner but could be rented separately. Also included in the sale is a large and secure open area.
This opportunity has presented itself to investors to purchase a high cashflow investment of 3 properties on 2 titles. The Vendor is prepared to offer vendor finance for 20% of the purchase price at $180,000 at bank interest rates + 1.5% for 1 year. Interest is payable on a monthly basis. The vendor financed principle is then repayable in full after 1 year. Rental demand in West Wyalong is high. The owner wants to release equity for another venture and is a reluctant seller of this cash cow !

Asking $180,000

Please contact the agent directly on:

Tony Galton
Branch Manager
Mobile: 0427 487 206

Landmark West Wyalong
242 Neeld Street
West Wyalong, NSW 2671
Office: 02 6972 2877

General Features:
- Property Type: House
- Bedrooms: 3
- Bathrooms: 1

Property History for 55-57 Neeld St, Wyalong, NSW 2671

A timeline of how this property has performed in the market
Last Sold
$108,500
26 Aug 2015
  • 14 Apr 2016
    Listed for Sale Price Guide $180,000
  • 26 Aug 2015
    Sold for $108,500
  • 11 Sep 2013
    Listed for Sale $120,000
Sign in to see more transactions

Commute Calculator

About Wyalong 2671

The size of Wyalong is approximately 354.9 square kilometres. It has 7 parks covering nearly 1% of total area. The population of Wyalong in 2011 was 851 people. By 2016 the population was 659 showing a population decline of 22.6% in the area during that time. The predominant age group in Wyalong is 50-59 years. Households in Wyalong are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Wyalong work in a trades occupation. In 2011, 73.2% of the homes in Wyalong were owner-occupied compared with 73.2% in 2016.

Wyalong has 518 properties. Over the last 5 years, Houses in Wyalong have seen a 62.77% increase in median value, while Units have seen a 38.34% increase. As at 31 October 2024:

  • The median value for Houses in Wyalong is $252,506 while the median value for Units is $384,799.
There are currently 2 properties listed for sale, and 1 property listed for rent in Wyalong on OnTheHouse. According to CoreLogic's data, 22 properties were sold in the past 12 months in Wyalong.

Suburb Insights for Wyalong 2671

Market Insights
Wyalong Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Wyalong Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.