27 Bates St, Svensson Heights is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 850m2 and floor size of 131m2. While the property is not currently for sale or for rent, it was last sold in September 2023.
Located in one of the highest parts of town in popular Svensson Heights, this property offers a 3 bedroom timber home plus a 1 bedroom separate granny flat.
LIVE IN THE HOME AND RENT THE GRANNY FLAT OR KEEP BOTH AS AN INVESTMENT.
The granny flat is currently tenanted for $200 per week with a long-term tenant wishing to stay and the house is currently vacant. The house was returning $380 per week and has been appraised to return $400 per week.
The size of Svensson Heights is approximately 2.9 square kilometres. It has 4 parks covering nearly 2.1% of total area. The population of Svensson Heights in 2011 was 3,204 people. By 2016 the population was 3,218 showing a population growth of 0.4% in the area during that time. The predominant age group in Svensson Heights is 50-59 years. Households in Svensson Heights are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Svensson Heights work in a professional occupation. In 2011, 60.6% of the homes in Svensson Heights were owner-occupied compared with 57.7% in 2016.
Svensson Heights has 1,706 properties. Over the last 5 years, Houses in Svensson Heights have seen a 119.70% increase in median value, while Units have seen a 94.77% increase. As at 31 October 2024:
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