16 Moorina St, Mundingburra is a 0 bedroom, 0 bathroom House with 3 parking spaces and was built in 1970. The property has a land size of 902m2 and floor size of 105m2. While the property is not currently for sale or for rent, it was last sold in January 2014.
MAISONETTES! MUNDINGBURRA! CORNER POSITION!
Best of all there are no body corporate fees to worry about and room at the rear for another unit. This would greatly improve returns and the value of the property.
Returns $440 per week for both or $22,880 per annum gross and fully tenanted. Set on 902sqm of land in popular Mundingburra, opposite Villa Vincent nursing home, within walking distance to shops, public transport and schools and the Pimlico Campus of TAFE.
The size of Mundingburra is approximately 2.5 square kilometres. It has 5 parks covering nearly 22.5% of total area. The population of Mundingburra in 2011 was 3,878 people. By 2016 the population was 3,608 showing a population decline of 7.0% in the area during that time. The predominant age group in Mundingburra is 10-19 years. Households in Mundingburra are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mundingburra work in a professional occupation. In 2011, 59% of the homes in Mundingburra were owner-occupied compared with 58.8% in 2016.
Mundingburra has 1,716 properties. Over the last 5 years, Houses in Mundingburra have seen a 70.12% increase in median value, while Units have seen a 61.48% increase. As at 31 October 2024:
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