12 Laffer StreetNangwarry SA 5277
Property Details for 12 Laffer St, Nangwarry
12 Laffer St, Nangwarry is a 3 bedroom, 1 bathroom House with 4 parking spaces and was built in 1950. The property has a land size of 740m2 and floor size of 111m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 3 bedroom House sold in Nangwarry in the last 12 months.
Last Listing description (December 2023)
Vicki Quinn and Amanda Bowd welcome you to 12 Laffer Street Nangwarry, for either the seasoned investors or those looking to get into the investment game! This 3-bedroom, 1-bathroom house is now on the market and ready for investors to take it on. Situated on a generous 756 sqm block, this property offers plenty of space.
The lounge has the comforts of slow combustion wood heating and a split system reverse cycle. The kitchen boasts ample storage and bench space and a near new electric cooker and upgraded floor coverings.
The three bedrooms are well-sized and offer plenty of natural light. The bathroom features a shower, and vanity, while a separate toilet adds convenience for busy mornings. With a building area of approx. 95 sqm, this home provides a comfortable and functional layout for everyday living. Electric Hot Water System, NBN connection ad water softener is already connected at the property.
Leased to the current tenants who have called this property home for the last 8 years at $200 per week until 05/09/2024
Additional Information:
Land Size: Approx. 756m2
An updated rental appraisal has been conducted, suggesting a rental income of approximately $220 - $230 per week.
Water Rates: Approx. $74.20 Per Quarter
Sewer Rates: Approx. $79.50 Per Quarter
Council Rates: Approx. $273.00 Per Quarter
Nestled within proximity, you'll find the Nangwarry Primary School as well as schooling within Mount Gambier, ensuring a convenient education option for families. The Nangwarry Sportsman's Club, as well as close to all Mount Gambier's offerings, while the newly expanded Tarpeena timber mill signifies the area's growth potential, hinting at economic possibilities and employment prospects, the main industry being forestry. Located 30km from Mount Gambier and a short 19km from the world-famous Coonawarra wine region. Seamlessly blending tranquility with easy access to essential amenities in both directions and exciting local developments, this property offers the best of both worlds.
To explore this remarkable property further, or for any inquiries, please reach out to our dedicated duo, Vicki Quinn and Amanda Bowd. Feel free to also get in touch with the Property Management team at SAL Real Estate, Mount Gambier, for more details on managing this property.
Property History for 12 Laffer St, Nangwarry, SA 5277
- 20 Dec 2023Sold for $195,000
- 27 Sep 2023Listed for Sale $190,000
- 21 Dec 2009Sold for $118,000
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0About Nangwarry 5277
The size of Nangwarry is approximately 257.7 square kilometres. It has 8 parks covering nearly 67.3% of total area. The population of Nangwarry in 2011 was 516 people. By 2016 the population was 528 showing a population growth of 2.3% in the area during that time. The predominant age group in Nangwarry is 0-9 years. Households in Nangwarry are primarily childless couples and are likely to be repaying $450 - $599 per month on mortgage repayments. In general, people in Nangwarry work in a labourer occupation. In 2011, 73.4% of the homes in Nangwarry were owner-occupied compared with 81% in 2016.
Nangwarry has 300 properties. Over the last 5 years, Houses in Nangwarry have seen a 104.72% increase in median value. As at 31 October 2024:
- The median value for Houses in Nangwarry is $258,957.
- Houses have a median rent of $158.
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