11b Nerrima St, Falcon is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 219m2 and floor size of 98m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 3 bedroom House sold in Falcon in the last 12 months.
Located in the heart of the sought-after beachside suburb of Falcon and situated within walking distance to shopping centres, stunning sandy beaches and the Peel Estuary this 3 bedroom 1 bathroom strata property will make the ideal investment property.
With a current tenant locked in until April 2024 and returning a modest rental return all the hard work has been done.
This original home was subdivided into a 4-lot property with a minimal strata fee of $270 per year.
Be quick as properties at this price do not last long in the current market.
For more information or to book your private viewing call, Simon Goodwin, today.
The size of Falcon is approximately 12.5 square kilometres. It has 21 parks covering nearly 7.1% of total area. The population of Falcon in 2011 was 4,665 people. By 2016 the population was 5,167 showing a population growth of 10.8% in the area during that time. The predominant age group in Falcon is 60-69 years. Households in Falcon are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Falcon work in a trades occupation. In 2011, 64.6% of the homes in Falcon were owner-occupied compared with 70% in 2016.
Falcon has 3,999 properties. Over the last 5 years, Houses in Falcon have seen a 111.68% increase in median value, while Units have seen a 129.77% increase. As at 31 October 2024:
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