101 Gregory St, Auchenflower is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 506m2 and floor size of 173m2. While the property is not currently for sale or for rent, it was last sold in May 2015.
Desperate times call for desperate measures. Do not pass this by, all price ranges should inspect! This will be a deal that in 5 years time you will either boast about or regret missing out on. Make sure you are on the right side of the argument!
There is so much potential in this property to further renovate/extend and improve the value, or land hold and enjoy the higher than normal yield from the dual incomes. Currently unit 1 is returning $310 per week and unit 2 was previously renting for $340 per week and is now vacant.
Another potential option would be to redevelop the block to re-build a duplex with more modern design features, and strata the units onto separate titles (STCA) and on-sell as individual properties. If you are struggling to find a splitter block this could be a more affordable option.
The size of Auchenflower is approximately 1.5 square kilometres. It has 8 parks covering nearly 5.6% of total area. The population of Auchenflower in 2011 was 5,351 people. By 2016 the population was 5,877 showing a population growth of 9.8% in the area during that time. The predominant age group in Auchenflower is 20-29 years. Households in Auchenflower are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Auchenflower work in a professional occupation. In 2011, 48.3% of the homes in Auchenflower were owner-occupied compared with 48.3% in 2016.
Auchenflower has 3,491 properties. Over the last 5 years, Houses in Auchenflower have seen a 67.50% increase in median value, while Units have seen a 73.43% increase. As at 31 October 2024:
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.