75 Wilks St, Bungalow is a 4 bedroom, 2 bathroom Unit with 2 parking spaces. The property has a land size of 625m2. While the property is not currently for sale or for rent, it was last sold in November 2018.
Renovator required! Elderly owners have enjoyed the great rental returns of this full duplex for over 35 years and now it's time to free up the equity and let it go. Timing is priority and a quick sale is crucial therefore the property will be sold on or before auction day, as is where is.
Both sides are generally in pretty good condition and with a little work and a touch of TLC you could generate some excellent returns and add this one to your investment portfolio. Rental figures of similar duplex in the area are renting between $250/wk - $280/wk each side. You do the sums
For full disclosure there is a settlement crack in the external wall of duplex 1 which has been there for years, however for peace of mind we advise you investigate further. Come and see for yourself.
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 1,964 properties. Over the last 5 years, Houses in Bungalow have seen a 58.49% increase in median value, while Units have seen a 53.45% increase. As at 30 November 2024:
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