903/48 Victoria Pde, Rockhampton City is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2013. The property has a land size of 100m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in September 2018.
TOP FLOOR!!!
Young, modern and spacious, this two bedroom twin key apartment offer two bathrooms, lounge & dining room, stainless steel appliances, split system cooling & heating and balconies with river views.
Boasting a large 100m2 in floor area.
Current rent: $568 per week- $29,570 per annum
Current Return: 6.90% Gross / Net 5.99%
Oct 2019- + 4% - 7.17% gross
Oct 2020- + 4% - 7.46% gross
Oct 2021- + 4% - 7.76% gross
Oct 2022- + 4% - 8.07% gross
Lease Terms: Lease to October 2023 plus 4 x 5 Year options
Rent Increases: 4% yearly with market rent reviews every 5 years (next due 2023)
Approximate Owner outgoings:
Council $2626 per annum
Water- (Included in Council) ------ -----
Owners Corp Sinking Fund $1256.00 per annum
The size of Rockhampton City is approximately 2.5 square kilometres. It has 8 parks covering nearly 5.6% of total area. The population of Rockhampton City in 2011 was 2,244 people. By 2016 the population was 1,954 showing a population decline of 12.9% in the area during that time. The predominant age group in Rockhampton City is 50-59 years. Households in Rockhampton City are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Rockhampton City work in a professional occupation. In 2011, 41.4% of the homes in Rockhampton City were owner-occupied compared with 41.1% in 2016.
Rockhampton City has 2,251 properties. Over the last 5 years, Houses in Rockhampton City have seen a 104.67% increase in median value, while Units have seen a 109.88% increase. As at 31 October 2024:
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