2/122 Johnson Rd, Hillcrest is a 3 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 1996. The property has a land size of 140m2 and floor size of 109m2. While the property is not currently for sale or for rent, it was last sold in November 2014.
Investors Delight with Over 7% Yield
Located within this beautifully maintained gated complex this excellent Townhouse makes a great purchase for the astute investor. Currently tenanted at $350 per week, this property makes a great buy, having never been without a tenant for more than a week. Air conditioning has recently been installed to the good sized downstairs open plan living, dining and kitchen area. With a powder room and small laundry area there is should be everything that you need. The fully fenced outdoor area has plenty of space for a table and chairs and is exceptionally low maintenance. Insect screens, kitchen pantry, electric roller garage door, storage to the top of the stairs, pink batts insulation and alarm are added benefits as well Upstairs features three surprisingly spacious bedrooms with built in robes, a family bathroom (with separate shower and bath) and toilet, and has recently been re-carpeted. The two large salt water pools are there for the exclusive use of the residents, and other benefits include an onsite management team that keep the common areas in exceptional condition , recently replaced driveways, CCTV, With a very reasonable body corporate that s covers the building insurance, there is no reason not to make this your next investment. This really should be a property that you can simply purchase and relax as it will be paying for itself, and would be a perfect choice for the interstate investor.
The size of Hillcrest is approximately 3.2 square kilometres. It has 14 parks covering nearly 12.6% of total area. The population of Hillcrest in 2011 was 5,228 people. By 2016 the population was 5,626 showing a population growth of 7.6% in the area during that time. The predominant age group in Hillcrest is 0-9 years. Households in Hillcrest are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Hillcrest work in a machinery operators and drivers occupation. In 2011, 61.4% of the homes in Hillcrest were owner-occupied compared with 57.7% in 2016.
Hillcrest has 3,176 properties. Over the last 5 years, Houses in Hillcrest have seen a 103.15% increase in median value, while Units have seen a 118.59% increase. As at 31 October 2024:
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