18 Elizabeth St, Spring Gully is a 3 bedroom, 1 bathroom Townhouse with 2 parking spaces and was built in 2010. The property has a land size of 720m2 and floor size of 107m2.
Ready return for astute investors
As an investor there are a few boxes that need to be ticked before a property can be considered suitable. This townhouse, located at the end of a quiet court 5 minutes walk from the heart of Kangaroo Flat shops, schools, medical facilities, recreational areas and public transport will tick them all. Already tenanted at $310 p/wk the home comprises of 3 bedrooms (all with built in robes), open plan living with modern stainless steel appliances in the kitchen, walk through bathroom off the master, a second toilet/powder room, double lock up garage, low maintenance yard and split system heating and cooling. This property represents an excellent investment. Astute investors get in quick to contact us to inspect.
The size of Spring Gully is approximately 7.8 square kilometres. It has 17 parks covering nearly 38.7% of total area. The population of Spring Gully in 2011 was 2,983 people. By 2016 the population was 2,994 showing a population growth of 0.4% in the area during that time. The predominant age group in Spring Gully is 50-59 years. Households in Spring Gully are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Spring Gully work in a professional occupation. In 2011, 73.8% of the homes in Spring Gully were owner-occupied compared with 73% in 2016.
Spring Gully has 1,647 properties. Over the last 5 years, Houses in Spring Gully have seen a 41.80% increase in median value, while Units have seen a 35.55% increase. As at 31 October 2024:
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