58 Ellerby Way, Koondoola is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1976. The property has a land size of 692m2 and floor size of 108m2. While the property is not currently for sale or for rent, it was last sold in May 2023.
We are pleased to present an exceptional opportunity to acquire a property located in a tranquil and secure street of Koondoola. The property boasts a generous 692 square meter block, zoned R20/60, which permits the construction of up to four units on the site. Alternatively, the existing home can be retained, and a new dwelling can be built at the rear of the property. The home comprises three well-appointed bedrooms and a modern bathroom. We are confident that this property will attract a discerning buyer seeking a sound investment opportunity. The current rental appraisal for this property is $450 per week, making it an attractive proposition for astute investors.Disclaimer:This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent inquiries.
The size of Koondoola is approximately 3.5 square kilometres. It has 9 parks covering nearly 45.8% of total area. The population of Koondoola in 2011 was 3,897 people. By 2016 the population was 4,060 showing a population growth of 4.2% in the area during that time. The predominant age group in Koondoola is 0-9 years. Households in Koondoola are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Koondoola work in a labourer occupation. In 2011, 65.1% of the homes in Koondoola were owner-occupied compared with 62.6% in 2016.
Koondoola has 1,584 properties. Over the last 5 years, Houses in Koondoola have seen a 109.78% increase in median value, while Units have seen a 136.50% increase. As at 31 October 2024:
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