OFF MARKET

8 Grevillea Avenue
Kununurra WA 6743

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 145m2
Land area: 447m2
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Last updated 16 Sep 2024
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Property Details for 8 Grevillea Ave, Kununurra

8 Grevillea Ave, Kununurra is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2008. The property has a land size of 447m2 and floor size of 145m2. While the property is not currently for sale or for rent, it was last sold in May 2022.

Building Type
House
Year Built
2008
Floor Size
145m2
Land Size
447m2
Local Government
Wyndham-East Kimberley
Lot/Plan
1/S056457

Last Listing description (January 2023)

Opportunity to purchase this 4 bedroom 2 bathroom home built by CWD in 2008 which has been under a GROH lease since completion. Built for investment purposes to GROH specifications at the time of construction, the home offers a spacious living/dining area kept cool with the ceiling cassette air conditioning, modern kitchen with practical layout, stainless steel appliances, and handy little appliance nook. The bedrooms offer built in robes, air conditioners and ceiling fans, there is an ensuite and large walk in robe to the main bedroom and a secondary main family bathroom. The lease was recently renegotiated to $800 per week, almost an 8.6% gross return! The lease expires in March 2023 however the tenants did want to renew for 3 years due to the shortage of suitable housing in Kununurra. If you are looking for a reliable investment property with excellent rental history, with a secure government lease, look no further! Prices of 4 x 2 homes are actively increasing in Kununurra so the time to buy is now - without delay!

Water Rates: approx $1463pa
Shire Rates: TBA

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Property History for 8 Grevillea Ave, Kununurra, WA 6743

A timeline of how this property has performed in the market
Last Sold
$450,000
20 May 2022
  • 20 May 2022
    Sold for $450,000
  • 21 Apr 2022
    Listed for Sale $485,000
  • 25 Apr 2015
    Listed for Sale $449,000

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About Kununurra 6743

The size of Kununurra is approximately 2,173.9 square kilometres. It has 15 parks covering nearly 28% of total area. The population of Kununurra in 2011 was 5,525 people. By 2016 the population was 5,318 showing a population decline of 3.7% in the area during that time. The predominant age group in Kununurra is 0-9 years. Households in Kununurra are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kununurra work in a professional occupation. In 2011, 35.7% of the homes in Kununurra were owner-occupied compared with 34.6% in 2016.

Kununurra has 2,824 properties. Over the last 5 years, Houses in Kununurra have seen a 53.62% increase in median value, while Units have seen a 81.40% increase. As at 31 August 2024:

  • The median value for Houses in Kununurra is $382,499 while the median value for Units is $310,667.
  • Houses have a median rent of $600 while Units have a median rent of $500.
There are currently 26 properties listed for sale, and no properties listed for rent in Kununurra on OnTheHouse. According to CoreLogic's data, 88 properties were sold in the past 12 months in Kununurra.

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