31 Ellington St, New Auckland is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1998. The property has a land size of 675m2 and floor size of 140m2. While the property is not currently for sale or for rent, it was last sold in February 2023.
Unique opportunity to secure this gorgeous fully renovated four bedroom house, sitting on a 680m2 block in the leafy suburb of popular New Auckland.
Currently tenanted until September 2023 to high calibre tenants, this is your chance to enter the Gladstone market at todays prices before it booms! Now named the energy capital of Australia , the future expectations for capital growth are massive. Returns on properties such as this continue to increase rapidly due to the high demand for rentals as employment relocation surges in Gladstone one of the few regions of Australia offering a high level of job opportunities across the board. This is happening right now, not just a future prediction!
So if you are looking for an investment with high returns and strong capital growth, this property should not be overlooked!
The size of New Auckland is approximately 3.7 square kilometres. It has 9 parks covering nearly 8.5% of total area. The population of New Auckland in 2011 was 4,711 people. By 2016 the population was 5,075 showing a population growth of 7.7% in the area during that time. The predominant age group in New Auckland is 0-9 years. Households in New Auckland are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in New Auckland work in a trades occupation. In 2011, 59.2% of the homes in New Auckland were owner-occupied compared with 55.1% in 2016.
New Auckland has 2,396 properties. Over the last 5 years, Houses in New Auckland have seen a 91.47% increase in median value, while Units have seen a 78.36% increase. As at 31 October 2024:
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