2/4 Sutherland St, Stawell is a 4 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1985. The property has a land size of 660m2 and floor size of 73m2. While the property is not currently for sale or for rent, it was last sold in September 2023.
These two, two bedroom units are an ideal Investment opportunity with a long term rental history with a combined weekly rental income of $390 per week (6.7% gross). These low maintenance units are well positioned on an allotment of approximately 660m2. Located only a short stroll to Stawell West Primary School, food outlets, cafes and convenience stores/petrol stations.
The floor plans are identical with kitchens with electric cooking that are open to the gas heated lounge areas, two double bedrooms in each and combined bathrooms and laundries. Both units have single carports with direct undercover access to inside.
The two units have their own individual secure back yards and secure garden sheds. There are separate water, power and gas meters and are on strata title. Do not miss this fantastic investment opportunity.
The size of Stawell is approximately 92.4 square kilometres. It has 20 parks covering nearly 7.9% of total area. The population of Stawell in 2011 was 6,150 people. By 2016 the population was 6,034 showing a population decline of 1.9% in the area during that time. The predominant age group in Stawell is 60-69 years. Households in Stawell are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Stawell work in a labourer occupation. In 2011, 71.2% of the homes in Stawell were owner-occupied compared with 69.7% in 2016.
Stawell has 3,831 properties. Over the last 5 years, Houses in Stawell have seen a 83.98% increase in median value, while Units have seen a 49.33% increase. As at 31 July 2024:
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