26 Binney St, Ravenswood is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1968. The property has a land size of 614m2 and floor size of 98m2. While the property is not currently for sale or for rent, it was last sold in April 2021.
For the first home buyer or smart investor, this is an amazing opportunity indeed. Starting with the very affordable price, repayments will be very low, allowing for the first home buyer to gradually improve and renovate or for the investor to enjoy an excellent return.
The private yard in flat and very useable and will be another great opportunity for a keen gardener to enjoy improving the home.
Inside this home, the open plan, dining/kitchen the living has cosy wood heating and Tas oak flooring, just waiting for sanding and polishing. This is a very handy feature and a very affordable improvement, with three good size bedrooms and a sunny northerly aspect, all in a very handy location. There's a small supermarket, take away, pharmacy, bus stop and reserves only a few minutes short stroll away.
An opportunity like this in a market like this is a very rare find indeed
The size of Ravenswood is approximately 10.2 square kilometres. It has 6 parks covering nearly 8.7% of total area. The population of Ravenswood in 2011 was 3,974 people. By 2016 the population was 3,604 showing a population decline of 9.3% in the area during that time. The predominant age group in Ravenswood is 0-9 years. Households in Ravenswood are primarily single parents and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Ravenswood work in a labourer occupation. In 2011, 47.2% of the homes in Ravenswood were owner-occupied compared with 47.1% in 2016.
Ravenswood has 1,565 properties. Over the last 5 years, Houses in Ravenswood have seen a 88.24% increase in median value, while Units have seen a 97.65% increase. As at 31 October 2024:
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