61 Cothill Rd, Silkstone is a 3 bedroom, 1 bathroom House with 3 parking spaces and was built in 1910. The property has a land size of 870m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in June 2017.
This classically styled period family home sits on a level 870m2 block that can be easily & cost effectively sub-divided (subject to ICC approval) so that you can have the opportunity to have one or two income streams.
The existing home has a new roof & gutters, solar panels, new internal paint, floors, a new kitchen and bathroom, a large lounge & separate dining and large a/c master bedroom with a WIR. It is absolutely loaded with extras and is ready for you continue to rent it out or move in yourself at the end of the tenancy. This home is currently rented until September 2017 for $340 per week.
So either live in the home yourself and just keep the big back yard with an awesome 6m x 3m and 9m x 6m shed or you can build a second home in the rear for elderly parents or adult children and two generations of family can share the mortgage.
The size of Silkstone is approximately 2 square kilometres. It has 7 parks covering nearly 7.6% of total area. The population of Silkstone in 2011 was 3,482 people. By 2016 the population was 3,473 showing a population decline of 0.3% in the area during that time. The predominant age group in Silkstone is 0-9 years. Households in Silkstone are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Silkstone work in a trades occupation. In 2011, 63.7% of the homes in Silkstone were owner-occupied compared with 64.2% in 2016.
Silkstone has 1,776 properties. Over the last 5 years, Houses in Silkstone have seen a 112.69% increase in median value, while Units have seen a 81.10% increase. As at 31 October 2024:
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