171 Augustus St, Beachlands is a 16 bedroom, 9 bathroom Unit with 10 parking spaces. The property has a land size of 1766m2.
LOW RENTAL VACANCIES
This is a rare opportunity for investors to own a large and well maintained block of units located in the central suburb of Beachlands. The units contain three unit configurations consisting of two (2) Studio apartments, four (4) 2 Bed and 1 Bath in the front complex and three (3) larger units to the back of complex featuring 2 Bed and 1 Bath with private gardens. The complex also contains a double garage for unit number 9 and common laundry shared between the six (6) units at the front of the complex.
The size of Beachlands is approximately 1.4 square kilometres. It has 3 parks covering nearly 4.5% of total area. The population of Beachlands in 2011 was 1,463 people. By 2016 the population was 1,430 showing a population decline of 2.3% in the area during that time. The predominant age group in Beachlands is 40-49 years. Households in Beachlands are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Beachlands work in a professional occupation. In 2011, 51.3% of the homes in Beachlands were owner-occupied compared with 56.7% in 2016.
Beachlands has 762 properties. Over the last 5 years, Houses in Beachlands have seen a 125.10% increase in median value, while Units have seen a 40.53% increase. As at 31 October 2024:
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