1/23 Wigan AvenueHighfields QLD 4352
Property Details for 1/23 Wigan Ave, Highfields
1/23 Wigan Ave, Highfields is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 119m2 and floor size of 96m2. While the property is not currently for sale or for rent, it was last sold in March 2022.
Last Listing description (April 2022)
Set in an ultra convenient location within easy reach of Highfields Village Shopping Centre, Mary Mackillop College, Aldi and local sporting fields this well presented unit is an ideal investment opportunity!
Currently rented via the National Rental Affordability Scheme until Jan 2023 this property provides a stable return with added tax benefits.
Very well presented throughout this lovely unit features:
2 generous bedrooms with built-ins
Large open plan living area with reverse cycle air con
Well appointed kitchen with good bench and cupboard space and electric appliances
Built-in study nook plus large linen cupboards
Private north facing courtyard with a covered patio area
Attached single garage with internal access plus extra parking at the front of the unit
Approx. 2,500L rainwater tank plumbed to the unit
FTTN NBN available
As this property is rented via NRAS for $248 per week, the rent paid by the tenant is at least 20% below the market value rent for the property. In exchange for renting the property at a lower rate the owner of an approved NRAS property receives an incentive payment each year. For the 2020 / 2021 year that payment was $11,270.59!
This payment is a refundable tax offset and is deemed as tax free income! So, you not only have a secure tenant in place but also the bonus of a tax-free payment at the end of each financial year!
Contact Alan Reilly today to arrange your inspection of this ideal investment property!
Property History for 1/23 Wigan Ave, Highfields, QLD 4352
- 22 Mar 2022Sold for $340,000
- 08 Mar 2022Listed for Sale Offers From $335,000
- 10 Jan 2018Listed for Rent $248 / week
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About Highfields 4352
The size of Highfields is approximately 26.2 square kilometres. It has 26 parks covering nearly 2.2% of total area. The population of Highfields in 2011 was 8,011 people. By 2016 the population was 8,114 showing a population growth of 1.3% in the area during that time. The predominant age group in Highfields is 10-19 years. Households in Highfields are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Highfields work in a professional occupation. In 2011, 83.2% of the homes in Highfields were owner-occupied compared with 80.8% in 2016.
Highfields has 4,107 properties. Over the last 5 years, Houses in Highfields have seen a 70.77% increase in median value, while Units have seen a 90.72% increase. As at 31 October 2024:
- The median value for Houses in Highfields is $920,377 while the median value for Units is $572,314.
- Houses have a median rent of $650 while Units have a median rent of $350.
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