77/3 Eshelby Dr, Cannonvale is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1989. The property has a land size of 129m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in March 1998.
Some investment properties always perform better than others and here is a great one for your portfolio.
This is a tidy three bedroom townhouse that is a solid investment returning $14,560 p/a. That translates to a cool 9.15% return on the asking price. You won t get that sort of return from the bank!
This townhouse has been owned by the same investor for nearly 20 years and has always been a profitable investment. Reluctantly they are looking to free up funds to start a new adventure so they ave decided to sell this investment.
The size of Cannonvale is approximately 7.2 square kilometres. It has 19 parks covering nearly 4.2% of total area. The population of Cannonvale in 2011 was 4,885 people. By 2016 the population was 5,716 showing a population growth of 17.0% in the area during that time. The predominant age group in Cannonvale is 30-39 years. Households in Cannonvale are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cannonvale work in a trades occupation. In 2011, 45.7% of the homes in Cannonvale were owner-occupied compared with 48.1% in 2016.
Cannonvale has 4,444 properties. Over the last 5 years, Houses in Cannonvale have seen a 75.66% increase in median value, while Units have seen a 75.97% increase. As at 31 October 2024:
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