19/133-139 Jacaranda St, Red Cliffs is a 2 bedroom, 1 bathroom Unit and was built in 1988. The property has a land size of 32m2. While the property is not currently for sale or for rent, it was last sold in August 2023.
Open plan living, kitchenette and separate bathroom all with split system heating/cooling.
The property has an extremely long term tenant (13 year tenure) and with a current market rent appraisal of $180 per week, you're looking at a massive 10%+ return. Close to everything Red Cliffs has to offer; including amenities, transport, shopping, schooling & sporting facilities. Properties priced under $100,000 rarely present themselves to the market and are snapped up even quicker!
The size of Red Cliffs is approximately 206.2 square kilometres. It has 9 parks covering nearly 21% of total area. The population of Red Cliffs in 2011 was 4,626 people. By 2016 the population was 5,073 showing a population growth of 9.7% in the area during that time. The predominant age group in Red Cliffs is 50-59 years. Households in Red Cliffs are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Red Cliffs work in a labourer occupation. In 2011, 70.1% of the homes in Red Cliffs were owner-occupied compared with 70.6% in 2016.
Red Cliffs has 2,884 properties. Over the last 5 years, Houses in Red Cliffs have seen a 83.47% increase in median value, while Units have seen a 54.06% increase. As at 31 October 2024:
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