Lot 3/24 Pine St, Miles is a 6 bedroom, 4 bathroom Unit with 1 parking spaces and was built in 2012. The property has a land size of 214m2 and floor size of 148m2. While the property is not currently for sale or for rent, it was last sold in January 2019.
CASH POSITIVE - 2 YEAR LEASE - RENT $1,100 PER WEEK
Yielding 12% - This extra-large 214m2 unit is sold fully-furnished with a tenant in place for 2 years from settlement!
Designed with space and modern features - 3 spacious bedrooms master with own ensuite, combined kitchen and living areas that flow outside to the courtyard entertaining areas. The floor plans have been designed to appeal to corporate tenants!
The size of Miles is approximately 437.8 square kilometres. It has 8 parks covering nearly 0.2% of total area. The population of Miles in 2011 was 1,853 people. By 2016 the population was 1,731 showing a population decline of 6.6% in the area during that time. The predominant age group in Miles is 0-9 years. Households in Miles are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Miles work in a trades occupation. In 2011, 63% of the homes in Miles were owner-occupied compared with 47% in 2016.
Miles has 1,285 properties. Over the last 5 years, Houses in Miles have seen a 130.46% increase in median value, while Units have seen a 40.04% increase. As at 30 September 2024:
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