5 George St, Bunbury is a 2 bedroom, 1 bathroom House and was built in 1920. The property has a land size of 713m2 and floor size of 250m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom House sold in Bunbury in the last 12 months.
Here is a fantastic investment opportunity located just minutes from the CBD and all the amenities of South Bunbury at your doorstep. The incredibly well-presented home has been beautifully restored with high ceilings and original timber-clad walls 2 huge bedrooms with WIR in the master bedroom and split system AC. The lounge area is cosy with an abundance of natural light to fill the space during the day, with a separate dining room of a very similar size and nature, leading into the fully renovated kitchen with 900mm oven, and tasteful and simple decor, with excellent storage space. The bathroom has also been renovated and in keeping with the heritage style, is immaculate in presentation. There is a huge shed at the rear of approximately 250m2 that is currently leased to a local company for over $2400 per month and due to increase soon with a rent review. Combining this with the rental potential of the house of a conservative $400 per week in the current market ($450 would be easily achievable) will give you a rental income of almost $50,000 per annum. The property also has solar panels, which makes your power bills negligible. This property is a blue chip investment and location, with excellent returns, be quick because properties like this are not common that can provide dual income options. Contact Exclusive Agent Jason Gard for more details and to arrange a personal inspection today.
The size of Bunbury is approximately 4.6 square kilometres. It has 18 parks covering nearly 18.9% of total area. The population of Bunbury in 2011 was 3,629 people. By 2016 the population was 3,758 showing a population growth of 3.6% in the area during that time. The predominant age group in Bunbury is 50-59 years. Households in Bunbury are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bunbury work in a professional occupation. In 2011, 53.5% of the homes in Bunbury were owner-occupied compared with 58% in 2016.
Bunbury has 3,230 properties. Over the last 5 years, Houses in Bunbury have seen a 62.24% increase in median value, while Units have seen a 103.76% increase. As at 31 October 2024:
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