36 Fitzroy Pl, Dynnyrne is a 5 bedroom, 3 bathroom House with 1 parking spaces and was built in 1914. The property has a land size of 769m2 and floor size of 91m2. While the property is not currently for sale or for rent, it was last sold in November 2013.
A unique opportunity exists to purchase a 4 bedroom family residence which has recently undergone a stunning renovation to combine an elegant fusion of original features with modern living, together with 2 brand new self contained units in a prominent location.
This low maintenance property will appeal to both the buyer who is looking for a versatile family home with various independent living options and to the keen property investor who is seeking a property which yields three separate rental returns, there is also the potential to Stratum Title (STCA).
The forecast rental return is $580pw for the 4 bedroom house, $375pw for the 2 bedroom flat and $300pw for the 1 bedroom flat. A total of approx $65,000pa. There is further potential to increase this rental yield by engaging the property into a short stay accommodation arrangement.
The size of Dynnyrne is approximately 1.6 square kilometres. It has 5 parks covering nearly 6.8% of total area. The population of Dynnyrne in 2011 was 1,481 people. By 2016 the population was 1,591 showing a population growth of 7.4% in the area during that time. The predominant age group in Dynnyrne is 20-29 years. Households in Dynnyrne are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Dynnyrne work in a professional occupation. In 2011, 58.7% of the homes in Dynnyrne were owner-occupied compared with 63.5% in 2016.
Dynnyrne has 725 properties. Over the last 5 years, Houses in Dynnyrne have seen a 41.23% increase in median value, while Units have seen a 15.47% increase. As at 31 October 2024:
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