5 Faraday St, Wulguru is a 4 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1970. The property has a land size of 632m2 and floor size of 145m2. While the property is not currently for sale or for rent, it was last sold in September 2017.
With a change in circumstances for the current owners, an immediate opportunity has presented itself for the astute investor or first home buyer to secure this well pro-proportioned duplex located in Wulguru. Situated in a quiet leafy street, close to quality schools, public transport links and major shopping precincts, this duplex is all about location! If you've been on the hunt for a solid rental return, do not hesitate to inspect this quality duplex today as it won't last long!
THE PROPERTY
- Well presented 4 bedroom, 2 bathroom duplex split into two separate 2 bedroom units
The size of Wulguru is approximately 2.9 square kilometres. It has 7 parks covering nearly 5.4% of total area. The population of Wulguru in 2011 was 4,818 people. By 2016 the population was 4,564 showing a population decline of 5.3% in the area during that time. The predominant age group in Wulguru is 50-59 years. Households in Wulguru are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Wulguru work in a trades occupation. In 2011, 67.8% of the homes in Wulguru were owner-occupied compared with 66.2% in 2016.
Wulguru has 1,956 properties. Over the last 5 years, Houses in Wulguru have seen a 98.05% increase in median value, while Units have seen a 30.80% increase. As at 31 October 2024:
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