45/8 Wicks St, New Auckland is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2006. The property has a land size of 34m2. While the property is not currently for sale or for rent, it was last sold in November 2022.
With a high rental yield available and the complex currently running at 94% occupancy this is an excellent opportunity to achieve in excess of 6% return on your investment. With the property tenanted the work required in looking for an occupant has already been done for you.
The unit offers retirement living, a community with the company of neighbours and support network all in the safety of a gated community. This single bedroom unit is simple yet can be made to feel just like home with space in the lounge, dining and kitchenette for all the comforts of home. Air-conditioning provides a stable temperature environment for those hot summers we have in Gladstone.
Privacy is assured with its own ensuite of generous size so it is easily accessible for those with walking aids and wheelchairs. The ensuite includes a disabled shower, vanity, toilet and compact laundry area. Access to a private outdoor area and clothes line is via a large sliding door and is concreted for safety and ease of movement.
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 2,397 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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