33/164-172 Spence St, Bungalow is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2006. The property has a land size of 117m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in September 2016.
Apartment leased at $400 per week. No problems with leasing at Focus on Spence, we have a waiting list of prospective tenants.
Investment showing a net 4.5% return after Body Corp Fees and rates.
Fantastic 3 Bedroom apartment on the top floor of complex overlooking the Barlow park football field.
Complex is under new management
Set and forget Secure investment opportunity
Call to discuss the opportunities available to you and we can organise an inspection at anytime as we are on-site.
The size of Bungalow is approximately 2.2 square kilometres. It has 3 parks covering nearly 1.9% of total area. The population of Bungalow in 2011 was 2,164 people. By 2016 the population was 2,159 showing a population decline of 0.2% in the area during that time. The predominant age group in Bungalow is 20-29 years. Households in Bungalow are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Bungalow work in a trades occupation. In 2011, 35.1% of the homes in Bungalow were owner-occupied compared with 34.7% in 2016.
Bungalow has 1,948 properties. Over the last 5 years, Houses in Bungalow have seen a 55.86% increase in median value, while Units have seen a 51.99% increase. As at 31 October 2024:
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