7/29-31 Stoffers St, Warragul is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2007. The property has a land size of 245m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in December 2021.
A terrific opportunity and investment prospect are these two low-maintenance units, each available for individual sale. The units are both currently tenanted with an approximate rental return of $300 - $310 each. Both units have been partially updated with the potential to value add. Each unit consists of spacious bedrooms with built-in robes, open plan design kitchen/living, gas cooking appliances, split system heating/cooling, lockable car accommodation, and an outdoor courtyard. One unit has the bonus of a separate downstairs 3rd bedroom or study option next to the garage.
Being a short 1.6km to the Warragul town Centre, this is an ideal purchase for the seasoned investor, first home buyer or those looking to downsize.
The size of Warragul is approximately 55 square kilometres. It has 43 parks covering nearly 4.4% of total area. The population of Warragul in 2011 was 14,073 people. By 2016 the population was 15,764 showing a population growth of 12.0% in the area during that time. The predominant age group in Warragul is 50-59 years. Households in Warragul are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Warragul work in a professional occupation. In 2011, 71.9% of the homes in Warragul were owner-occupied compared with 72.7% in 2016.
Warragul has 12,700 properties. Over the last 5 years, Houses in Warragul have seen a 41.59% increase in median value, while Units have seen a 36.35% increase. As at 31 July 2024:
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