6 Palm AvenueSpring Gully VIC 3550
Property Details for 6 Palm Ave, Spring Gully
6 Palm Ave, Spring Gully is a 9 bedroom, 3 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 642m2 and floor size of 233m2. While the property is not currently for sale or for rent, it was last sold in March 2021.
Last Listing description (April 2021)
Located a short drive to Latrobe University, the Athletics track and Bendigo CBD, this 9 bedroom 'student accommodation' or 'shared house' boasts amazing ROI (could possibly over 10%) for those looking to expand their portfolio with a strong positively geared property.
The interior of the home boasts a good overall condition with generous sizing throughout. Located at the front of the property is a large living and dining area, an ideal common space with enough room for all 9 tenants at any given time. The kitchen layout is wide and offers large amounts of both bench and storage space for added practicality and is nicely complimented with recently updated tiling.
The remainder and rear of the home features all nine bedrooms and the recently updated three bathrooms, which are spread evenly between the length of the hallway. Each room comes furnished with a single bed, desk and desk chair which are to be included within the sale. The property ensures comfort all year round thanks to its ducted evaporative cooling and gas ducted heating system.
The property is situated on a generous 641 Sqm block (approximately) with side access to the shed/ separate storage dwelling at the rear of the block. The yard also offers an 'easy care' maintenance approach making it ideal for both Landlord and tenants.
Each room is currently leased to a tenant at $150-$165 P/w. The landlord stresses that they have never had an issue with securing tenants for every room due to the property's great setup and ideal location. ReIV also shows roughly 1% Vacancy rates this extremely low level, which makes Bendigo landlords never have a problem to find a good tenant.
All regulations and legislation (city coucil permit etc..) are met, which allows the new landlord to enjoy a smooth management and simply enjoy the enviable ROI.
There is another similar property online for sale 31 Towers St Flora Hill, with 7 shared bedrooms.
Call Jacky 0468870611 for more information or book an inspection.
Latrobe大学学区内高租金回报投资物业。
靠近大学，中小学，幼儿园，商场。 离市中心只要10分钟车程。
9个单独出租的房间， 每个房间平均每周收租在 $150 - $165左右。 年回报率可达到10%以上。
Bendigo房源紧缺，1%的房屋空置率，新主人仍有可能可以再提高租金。
所有手续合法， 拥有市政厅的分租许可证。
房东经营管理此物业多年， 出售原因是因为到达退休年龄。
另外有一套附近类似的物业也在网上出售 31 Towers St Flora Hill (7室）
Property History for 6 Palm Ave, Spring Gully, VIC 3550
- 23 Mar 2021Sold for $570,000
- 12 Feb 2020Listed for Sale NEW PRICE $515,000
- 25 Feb 2013Sold for $495,000
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About Spring Gully 3550
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:
- The median value for Houses in Spring Gully is $606,469 while the median value for Units is $358,033.
- Houses have a median rent of $470 while Units have a median rent of $430.
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