OFF MARKET

324 Denham Ext Street W
West Rockhampton QLD 4700

Bedrooms: 2
Bathrooms: 1
Car spaces: 4
Floor area: 55m2
Land area: 1257m2
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Property Details for 324 Denham Ext St W, West Rockhampton

324 Denham Ext St W, West Rockhampton is a 2 bedroom, 1 bathroom House with 4 parking spaces and was built in 1960. The property has a land size of 1257m2 and floor size of 55m2. While the property is not currently for sale or for rent, it was last sold in September 2021.

Building Type
House
Year Built
1960
Floor Size
55m2
Land Size
1257m2
Local Government
Rockhampton Regional
Lot/Plan
9/RP603324

Last Listing description (November 2021)

With your rates paid and your insurance paid, you still maintain 6.2% yield
Bank managers will love you
Investment guru's will call you

Tenants are happy that you are providing great quality accomodation
A functional property returning great passive income
Located in the heart of West Rockhampton
The tenants are very happy and most have 6 month + leases
Perched on a tranquil tree lined street

Rates approx $9,700 per year
Unimproved Land Value $170,000
Insurance approx $3,000 per year
Unit 1 $250 per week till 14/10/22
Unit 2 $250 per week till 12/12/21777777777777
Unit 3 $270 per week till 22/7/22
Unit 4 $300 per week till 31/1/22
Yearly net income approx $43,000 per annum
Yearly Gross income approx $55,600 per annum
As another Real Estate company rents these units the fees will be approx $5,000 to manage of the gross income.

Don't miss this rare opportunity to close the deal on this outstanding investment. Your friendly agent is waiting with a contract ready to go!! Call Jason asap to find out any further details. THIS IS HOT PROPERTY!

Property History for 324 Denham Ext St W, West Rockhampton, QLD 4700

A timeline of how this property has performed in the market
Last Sold
$678,000
19 Sep 2021
  • 19 Sep 2021
    Sold for $678,000
  • 26 Aug 2021
    Listed for Sale $690,000
  • 22 Mar 2007
    Sold for $650,000
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About West Rockhampton 4700

The size of West Rockhampton is approximately 6.6 square kilometres. It has 8 parks covering nearly 11% of total area. The population of West Rockhampton in 2011 was 1,810 people. By 2016 the population was 1,819 showing a population growth of 0.5% in the area during that time. The predominant age group in West Rockhampton is 20-29 years. Households in West Rockhampton are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in West Rockhampton work in a professional occupation. In 2011, 65.4% of the homes in West Rockhampton were owner-occupied compared with 62.9% in 2016.

West Rockhampton has 972 properties. Over the last 5 years, Houses in West Rockhampton have seen a 127.88% increase in median value, while Units have seen a 76.38% increase. As at 31 October 2024:

  • The median value for Houses in West Rockhampton is $481,980 while the median value for Units is $382,097.
  • Houses have a median rent of $470 while Units have a median rent of $295.
There are currently 3 properties listed for sale, and 2 properties listed for rent in West rockhampton on OnTheHouse. According to CoreLogic's data, 64 properties were sold in the past 12 months in West rockhampton.

Suburb Insights for West Rockhampton 4700

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.