38 Arthur St, Gracemere is a 4 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1980. The property has a land size of 645m2 and floor size of 65m2. While the property is not currently for sale or for rent, it was last sold in October 2022.
Great investment!! 2 x 2-bedroom block units approx. 8.5 % yield.
Fabulous long-term earner close to amenities
Currently returning 600/week. (300/w each) Always easy to rent.
Now is the time. Call to inspect
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 5,056 properties. Over the last 5 years, Houses in Gracemere have seen a 90.02% increase in median value, while Units have seen a 17.64% increase. As at 31 July 2024:
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