5/13 Cowley St, West End is a 2 bedroom, 1 bathroom Unit and was built in 1985. The property has a land size of 63m2 and floor size of 63m2. While the property is not currently for sale or for rent, it was last sold in February 2023.
This unit would have to be my best buy this year. This is a solid investment where maintenance would be at a minimum. Currently leased for $270 per week until 1/9 2023 with a long term tenant.
A neat and tidy little complex with only 5 units and reasonable body corporate fees. The unit is very private at the rear of the complex. With two good sized bedrooms, both have air-conditioning. The kitchen is in the ideal location with the laundry screened off at the rear and the lounge dining rooms at the front.
The size of West End is approximately 3.1 square kilometres. It has 13 parks covering nearly 17% of total area. The population of West End in 2011 was 4,241 people. By 2016 the population was 4,074 showing a population decline of 3.9% in the area during that time. The predominant age group in West End is 30-39 years. Households in West End are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in West End work in a professional occupation. In 2011, 45.2% of the homes in West End were owner-occupied compared with 45.6% in 2016.
West End has 2,593 properties. Over the last 5 years, Houses in West End have seen a 75.11% increase in median value, while Units have seen a 58.11% increase. As at 31 October 2024:
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