OFF MARKET

500 Forrest Street
Nannup WA 6275

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 108m2
Land area: 1403m2
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Last updated 11 Nov 2024
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Property Details for 500 Forrest St, Nannup

500 Forrest St, Nannup is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 1403m2 and floor size of 108m2.

Building Type
House
Floor Size
108m2
Land Size
1403m2
Local Government
Nannup

Last Listing description (February 2017)

Highly desirable investment property comprising two main street businesses and a circa 1900 historic three bedroom cottage at rear.
Great future potential in this large 1402m2 corner, mixed use block in Nannup's central business district. Attractive well established businesses as long term tenants and an historic cottage with a long-term tenant will provide the new owner with an immediate hassle free income. Priced to meet the current market and perhaps the last opportunity to scoop up a piece of Nannup's main street at a good price with a reasonable return on investment.
This is an ideal opportunity to invest Nannup's future. Enquire now for more information.

Property History for 500 Forrest St, Nannup, WA 6275

A timeline of how this property has performed in the market
  • 12 Oct 2015
    Listed for Sale $575,000

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About Nannup 6275

The size of Nannup is approximately 245.2 square kilometres. It has 16 parks covering nearly 61.2% of total area. The population of Nannup in 2011 was 993 people. By 2016 the population was 935 showing a population decline of 5.8% in the area during that time. The predominant age group in Nannup is 60-69 years. Households in Nannup are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Nannup work in a managers occupation. In 2011, 69.4% of the homes in Nannup were owner-occupied compared with 73.2% in 2016.

Nannup has 913 properties. Over the last 5 years, Houses in Nannup have seen a 102.29% increase in median value, while Units have seen a 150.07% increase. As at 31 October 2024:

  • The median value for Houses in Nannup is $596,670 while the median value for Units is $138,739.
  • Houses have a median rent of $340.
There are currently 11 properties listed for sale, and 2 properties listed for rent in Nannup on OnTheHouse. According to CoreLogic's data, 38 properties were sold in the past 12 months in Nannup.

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