8/1 Douglas Ave, Reynella is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1986. The property has a land size of 144m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in May 2002.
The inspection is on Saturday Nov 3rd at 4pm. This is a renovated unit with new carpet, painting and floorboards throughout. The owners have renovated the property so that a first home buyer can come straight in and have not much to do.
The tenants lease is finishing on the 3rd of January 2013, so this is the perfect opportunity to secure a property that will have vacant possession for you to move into. Alternatively, the tenant does enjoy the area and most likely would love to continue the lease for another 12 months. The current rental conditions were 6 months at $250 per week.
The strata lawns are being cared for by one of the owners and they are doing a fantastic job. This, of course only keeps the strata fees to only $250 per quarter - Somewhat low compared to the other complexes around. This complete and quiet unit is in a secure group of only 12.
The size of Reynella is approximately 4.2 square kilometres. It has 9 parks covering nearly 6.6% of total area. The population of Reynella in 2011 was 4,461 people. By 2016 the population was 4,742 showing a population growth of 6.3% in the area during that time. The predominant age group in Reynella is 30-39 years. Households in Reynella are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Reynella work in a trades occupation. In 2011, 77.3% of the homes in Reynella were owner-occupied compared with 77% in 2016.
Reynella has 2,349 properties. Over the last 5 years, Houses in Reynella have seen a 111.13% increase in median value, while Units have seen a 131.08% increase. As at 31 October 2024:
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