13 Johnston St, Parattah is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 669m2 and floor size of 121m2. While the property is not currently for sale or for rent, it was last sold in September 2018.
This is an investment opportunity for an astute buyer looking a cheap property in a quiet location with a long-term tenant hoping to stay on for a lot longer (currently leased until January 2019 at $180pw). The character-filled, 1950s house sits on an easy-care allotment of approx. 669m2 with a large paddock alongside.
The house offers 2 double bedrooms, one with built in robes, and a single bedroom; a large lounge with a wood heater; an open-plan kitchen and a dining area also with a wood heater; a ducted heating system and lots of storage cupboards. The bathroom has recently been re-plumbed and upgraded.
There is the opportunity to complete the renovation work to achieve a higher rent return or transform it into a lovely family home. Parattah was a bustling railway town from the late 1800s but is now a quiet village with around a 100 families and many historic buildings.
The size of Parattah is approximately 18.5 square kilometres. It has 5 parks covering nearly 0.3% of total area. The population of Parattah in 2011 was 360 people. By 2016 the population was 183 showing a population decline of 49.2% in the area during that time. The predominant age group in Parattah is 50-59 years. Households in Parattah are primarily couples with children and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Parattah work in a labourer occupation. In 2011, 73.9% of the homes in Parattah were owner-occupied compared with 83.9% in 2016..
Parattah has 90 properties. Over the last 5 years, Houses in Parattah have seen a 81.17% increase in median value. As at 30 September 2024:
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