73 Olivia TerraceCarnarvon WA 6701
Property Details for 73 Olivia Tce, Carnarvon
73 Olivia Tce, Carnarvon is a 8 bedroom, 6 bathroom Unit with 6 parking spaces and was built in 1930. The property has a land size of 728m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in May 2022.
Last Listing description (June 2022)
BE PART OF CARNARVON'S NEW LOOK FASCINE AREAThis established 6 Serviced Apartment Complex which have been in operation since 2010. During this period the business has demonstrated a solid demand for this level of accommodation. The Business shows excellent Occupancy Rates and returns and are available to genuine enquires. This is a very simple run operation, all Units in the complex are designed and fitted out to minimise cleaning and up keep requirement.This is a premier location overlook the Fascine, 2 minutes to the Carnarvon CBD, Restaurants and other Entertainment VenuesThe reduced selling price reflected the Infrastructure and business in place at present. The opportunity to further develop in the area does also exist.
Property History for 73 Olivia Tce, Carnarvon, WA 6701
- 06 May 2022Sold for $1,342,000
- 27 Aug 2021Listed for Sale SOLD - $1,220,000
- 06 Sep 2003Sold for $190,000
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0About Carnarvon 6701
The size of Carnarvon is approximately 4.9 square kilometres. It has 4 parks covering nearly 2.9% of total area. The population of Carnarvon in 2011 was 224 people. By 2016 the population was 204 showing a population decline of 8.9% in the area during that time. The predominant age group in Carnarvon is 50-59 years. Households in Carnarvon are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Carnarvon work in a trades occupation. In 2011, 64.2% of the homes in Carnarvon were owner-occupied compared with 56.4% in 2016.
Carnarvon has 245 properties. Over the last 5 years, Houses in Carnarvon have seen a 57.27% increase in median value, while Units have seen a 5.34% increase. As at 31 August 2024:
- The median value for Houses in Carnarvon is $289,539 while the median value for Units is $180,843.
- Units have a median rent of $220.
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