OFF MARKET

3 Baker Street
Kaniva VIC 3419

Bedrooms: 5
Bathrooms: 5
Car spaces: -
Land area: 1477m2
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Property Details for 3 Baker St, Kaniva

3 Baker St, Kaniva is a 5 bedroom, 5 bathroom House. The property has a land size of 1477m2. While the property is not currently for sale or for rent, it was last transferred in September 2023.

Building Type
House
Land Size
1477m2
Local Government
West Wimmera
Lot/Plan
1/PS834179

Last Listing description (June 2024)

Offering an excellent opportunity to purchase a modern family sized brick veneer home with the added value of a solid rental income, Airbnb potential or lease as a whole with an impressive total investment return of approximately 6.3%. The main family home offers 3 bedrooms all with WIR's and their own modern bathrooms. Open plan modern kitchen, dining and living with electric appliances including dishwasher and stove. The lounge room is sizable and has lovely vinyl plank flooring plus neat laundry. The whole home is well climatized with split systems throughout the bedrooms and living spaces. Outside presents with and entertaining area, great man's cave/shed, solar system, rainwater tank and low maintenance yard.

The two units are one bedroom and are a fantastic source of extra income in the current economic climate with a potential return of $300 per week combined. They have both been recently updated offering modern living and comforts. These units can also lend themselves to the increasingly popular Airbnb market which could achieve an even higher return per week.

This property is well located close to the Kaniva CBD, Kaniva Caravan Park, sporting amenities including the swimming pool and the West Wimmera Health Service Kaniva Campus. It represents the perfect opportunity for an investor or the homeowner looking for an extra source of income. The family home and units currently have 12 month leases in place. Don't miss this opportunity to secure a property producing its own fantastic income return.

Property History for 3 Baker St, Kaniva, VIC 3419

A timeline of how this property has performed in the market
Last Transferred
05 Sep 2023
  • 20 May 2024
    Listed for Sale Not Disclosed
  • 05 Sep 2023
    Transferred

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About Kaniva 3419

The size of Kaniva is approximately 1,043.2 square kilometres. It has 3 parks covering nearly 8.3% of total area. The population of Kaniva in 2011 was 1,060 people. By 2016 the population was 815 showing a population decline of 23.1% in the area during that time. The predominant age group in Kaniva is 60-69 years. Households in Kaniva are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Kaniva work in a managers occupation. In 2011, 77.5% of the homes in Kaniva were owner-occupied compared with 79.5% in 2016.

Kaniva has 772 properties. Over the last 5 years, Houses in Kaniva have seen a 73.50% increase in median value. As at 31 October 2024:

  • The median value for Houses in Kaniva is $217,613 while the median value for Units is $331,393.
There are currently 4 properties listed for sale, and no properties listed for rent in Kaniva on OnTheHouse. According to CoreLogic's data, 24 properties were sold in the past 12 months in Kaniva.

Suburb Insights for Kaniva 3419

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.