17 Kerrie Meares Cres, Gracemere is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2011. The property has a land size of 817m2 and floor size of 138m2. While the property is not currently for sale or for rent, it was last sold in August 2010.
This near-new property presents an opportunity to invest in the up and coming suburb of Gracemere.
Currently achieving $310.00 per week with this rent increasing to $400.00 per week in the coming weeks.
With great tenants and little maintenance required due to the age of the property, this is an opportunity that should not be passed up!
The size of Gracemere is approximately 70 square kilometres. It has 13 parks covering nearly 1.3% of total area. The population of Gracemere in 2011 was 8,400 people. By 2016 the population was 11,317 showing a population growth of 34.7% in the area during that time. The predominant age group in Gracemere is 0-9 years. Households in Gracemere are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Gracemere work in a trades occupation. In 2011, 63.8% of the homes in Gracemere were owner-occupied compared with 53.1% in 2016.
Gracemere has 5,031 properties. Over the last 5 years, Houses in Gracemere have seen a 106.29% increase in median value, while Units have seen a 19.85% increase. As at 31 October 2024:
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