52 Electra St, Bundaberg West is a 2 bedroom, 1 bathroom House with 3 parking spaces and was built in 1960. The property has a land size of 1417m2 and floor size of 76m2. While the property is not currently for sale or for rent, it was last sold in May 2021.
This property represents an incredible opportunity to kick off an investment portfolio or simply complement your existing investments, with two outstanding properties on one title, offering a hassle-free residential income stream! This remarkable proposition offers current tenant in both unit & house, with a combined weekly return of $545 per week!
52 Electra Street is centrally located, offering affordability and low maintenance living, all set in the most perfect position, within walking distance to Friendly Society Private Hospital and quick commute to Bundaberg Base Hospital and Bundaberg CBD. This is set up certainly something that is seldom found, and very keenly sought after! Both sets of tenants are keen to stay on, however this would suit a family looking for dual occupancy as well, with this being under the same roof.
The size of Bundaberg West is approximately 2.6 square kilometres. It has 5 parks covering nearly 24.9% of total area. The population of Bundaberg West in 2011 was 2,530 people. By 2016 the population was 2,497 showing a population decline of 1.3% in the area during that time. The predominant age group in Bundaberg West is 20-29 years. Households in Bundaberg West are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Bundaberg West work in a professional occupation. In 2011, 34.7% of the homes in Bundaberg West were owner-occupied compared with 32.7% in 2016.
Bundaberg West has 1,585 properties. Over the last 5 years, Houses in Bundaberg West have seen a 111.37% increase in median value, while Units have seen a 73.03% increase. As at 31 October 2024:
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