142 Dallas Dr, Dallas is a 3 bedroom, 1 bathroom House with 3 parking spaces and was built in 1960. The property has a land size of 582m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in May 2023.
Presenting investors with an opportunity to continue to run the property as a rooming house or owner occupiers can have vacant possession on settlement. The current owner is happy with his tenants, and the income he receives but for buyers looking for vacant possession, he is happy to move the tenants to one of his other properties. He has been self-managing the tenants but due to personal circumstances he needs to sell. There are four tenants each paying $230/week in rent totaling $920/week rental income, and he pays the utilities. Tenants have use of the kitchen and bathroom and there is car parking space in the driveway and on street parking is also available.
The elevated home in a popular Dallas pocket provides proximity to local shops, schools, public transport, medical facilities, and only a short drive to Broadmeadows' shopping complex with easy access to freeway and other major arterials.
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The size of Dallas is approximately 2.3 square kilometres. It has 6 parks covering nearly 10% of total area. The population of Dallas in 2011 was 6,479 people. By 2016 the population was 6,819 showing a population growth of 5.2% in the area during that time. The predominant age group in Dallas is 20-29 years. Households in Dallas are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Dallas work in a community and personal service occupation. In 2011, 66.7% of the homes in Dallas were owner-occupied compared with 60.4% in 2016.
Dallas has 2,575 properties. Over the last 5 years, Houses in Dallas have seen a 23.62% increase in median value, while Units have seen a 8.36% increase. As at 31 July 2024:
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