If you are looking to take your first step into the property market or looking for an inexpensive cash flow positive investment then don't look past this low maintenance home which built by Bond Homes in 2003 . Situated on a generously sized allotment of 1300m2 with two street frontages the home accommodates 3 bedrooms all with BIR s modern kitchen with electric upright oven lounge with split system and bathroom with shower over bath Outside modern colorbond lock up garages which is accessed via Chatsworth Street some garden and storage shedding and established cottage gardens. Situated in the vibrant township of Derrinallum walking distance to all the towns amenities that include P12 College, Supermarket, Hotel, Post Office, Cafes Do not let this neat and affordable opportunity pass you buy!
The size of Derrinallum is approximately 273.8 square kilometres. The population of Derrinallum in 2011 was 514 people. By 2016 the population was 397 showing a population decline of 22.8% in the area during that time. The predominant age group in Derrinallum is 60-69 years. Households in Derrinallum are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Derrinallum work in a managers occupation. In 2011, 73.7% of the homes in Derrinallum were owner-occupied compared with 80.3% in 2016.
Derrinallum has 312 properties. Over the last 5 years, Houses in Derrinallum have seen a 106.75% increase in median value, while Units have seen a 307.02% increase. As at 31 July 2024:
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