5 Short St, Wandoan is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 921m2. While the property is not currently for sale or for rent, it was last sold in August 2006.
Cozy & Comfortable 3 Bedroom Home, open plan dining and lounge area, with plenty of space in the back yard. Five-minute walk to the business hub consisting of a grocery and hardware shop, pub & motels. The current corporate tenant would be ideal to continue their lease with the new owners. Ideal for the investor with a solid return on investment or the first homeowner given the home is on a periodic lease.
Large 921m2 block.
One of a kind "turtle" rock feature.
Rates - $1300 per half year.
Rent - $450 per week*
Return On Investment of 6.7% gross**
Current Lease until January 2025 with a corporate tenant
Single Title
Inspect and present your offer.
Call or text Jason to arrange your inspection today 0429 110582.
**Contact Jess/Amy regarding Wandoans rental market & how we can manage your investment - 0429 494 567
**6.7% gross ROI is based at a purchase price of $350,000 & rental return of $450/wk
NB: Prospective purchasers should satisfy themselves by inspection or otherwise as to the accuracy of the above details.
The size of Wandoan is approximately 730.7 square kilometres. It has 4 parks covering nearly 0.8% of total area. The population of Wandoan in 2011 was 654 people. By 2016 the population was 566 showing a population decline of 13.5% in the area during that time. The predominant age group in Wandoan is 20-29 years. Households in Wandoan are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Wandoan work in a managers occupation. In 2011, 59.7% of the homes in Wandoan were owner-occupied compared with 44.3% in 2016.
Wandoan has 527 properties. Over the last 5 years, Houses in Wandoan have seen a 94.86% increase in median value, while Units have seen a 49.06% increase. As at 31 October 2024:
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