37 Tecoma Rd, Risdon Vale is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 610m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in February 2016.
First Home Owners Affordable Dream
First time offered in 39 years this delightful three bedroom home is ideal for the investor or 1st home buyer to live in or rent out with a potential to recognize approximately 7% gross return
Nestled in a quiet street the kitchen/dining area is fresh and bright, north facing and overlooking the picturesque Meehan Ranges. Open plan kitchen/dining flows through to the formal lounge with a very efficient oil heater. Conveniently located in the kitchen is the laundry with easy access to the back yard.
The size of Risdon Vale is approximately 14.5 square kilometres. It has 14 parks covering nearly 12.9% of total area. The population of Risdon Vale in 2011 was 2,679 people. By 2016 the population was 2,865 showing a population growth of 6.9% in the area during that time. The predominant age group in Risdon Vale is 30-39 years. Households in Risdon Vale are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Risdon Vale work in a labourer occupation. In 2011, 65.7% of the homes in Risdon Vale were owner-occupied compared with 64% in 2016.
Risdon Vale has 1,364 properties. Over the last 5 years, Houses in Risdon Vale have seen a 69.44% increase in median value, while Units have seen a 44.32% increase. As at 31 October 2024:
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