9 Highgate St, Youngtown is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1965. The property has a land size of 552m2 and floor size of 109m2. While the property is not currently for sale or for rent, it was last sold in November 2023.
This is your chance to secure a valuable investment property that practically manages itself! Act quickly to avoid missing out on this rare opportunity.
With a secure lease in place until September 2024, this property offers a consistent rental income of $400.00 per week, providing investors with a steady and predictable revenue stream. Its prime location ensures ongoing demand from renters seeking a comfortable and well-appointed residence.
Offering 3 good size bedrooms, a large lounge area with a wood heater that leads into the dining room and a modern open-plan kitchen facing north, you will have the best of the sunshine coming through in the middle of the day and private views over Youngtown and Kings Meadows. Polished floors throughout, the bathroom offers a bath with shower cubicle and basin plus a separate toilet and a downstairs laundry. A single garage with storage and workshop space is underneath the home.
**Harcourts Launceston has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations. All measurements are approximate**
The size of Youngtown is approximately 4.9 square kilometres. It has 4 parks covering nearly 7% of total area. The population of Youngtown in 2011 was 4,050 people. By 2016 the population was 4,064 showing a population growth of 0.3% in the area during that time. The predominant age group in Youngtown is 40-49 years. Households in Youngtown are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Youngtown work in a clerical occupation. In 2011, 75% of the homes in Youngtown were owner-occupied compared with 73.1% in 2016.
Youngtown has 2,361 properties. Over the last 5 years, Houses in Youngtown have seen a 66.47% increase in median value, while Units have seen a 58.28% increase. As at 31 October 2024:
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