45 Edinburgh Rd, Mckail is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1982. The property has a land size of 746m2 and floor size of 121m2. While the property is not currently for sale or for rent, it was last sold in July 2009.
With reliable tenants already installed and keen to stay, this property presents a prime opportunity to invest now, leaving the door open to move in down the track if desired. And while you are waiting, someone else is helping to pay your mortgage off.
The property currently yields a 5.04%pa return on investment, with the tenants paying $320 per week.
Whether a seasoned or first time investor or private homebuyer, this property is well worth a look.
The size of Mckail is approximately 9.9 square kilometres. It has 3 parks covering nearly 3% of total area. The population of Mckail in 2011 was 2,935 people. By 2016 the population was 3,444 showing a population growth of 17.3% in the area during that time. The predominant age group in Mckail is 0-9 years. Households in Mckail are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mckail work in a trades occupation. In 2011, 71.6% of the homes in Mckail were owner-occupied compared with 71.5% in 2016.
Mckail has 1,881 properties. Over the last 5 years, Houses in Mckail have seen a 73.27% increase in median value. As at 31 October 2024:
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