32 Glenlyon St, Wallangarra is a 4 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 1012m2 and floor size of 128m2. While the property is not currently for sale or for rent, it was last sold in March 2018.
This isn t your normal home, it s very solid, made from a steel frame with aluminium cladding with concrete piers and used to be an army home, relocated to this spot in Wallangarra, 15 minutes north Tenterfield and 25 minutes south of Stanthorpe.
Currently rented at $250 per week to seasonal workers, you could rent it for a lot more ($500 pw plus) during this time or a bit less all year round, say $180pw. If you choose to rent to seasonal workers, it would be vacant from May to September, offering an ideal holiday home for the investor.
I consider this home to be in good enough condition right now for renting out but an owner occupier would probably want to freshen or renovate the inside.
The size of Wallangarra is approximately 37.1 square kilometres. It has 1 park covering nearly 0.5% of total area. The population of Wallangarra in 2011 was 511 people. By 2016 the population was 474 showing a population decline of 7.2% in the area during that time. The predominant age group in Wallangarra is 60-69 years. Households in Wallangarra are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Wallangarra work in a labourer occupation. In 2011, 65.2% of the homes in Wallangarra were owner-occupied compared with 69% in 2016.
Wallangarra has 362 properties. Over the last 5 years, Houses in Wallangarra have seen a 85.60% increase in median value. As at 31 August 2024:
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