21A/21B Lefroy StreetNarrogin WA 6312
Property Details for 21a/21b Lefroy St, Narrogin
21a/21b Lefroy St, Narrogin is a 6 bedroom, 2 bathroom Unit with 2 parking spaces. The property has a land size of 880m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 6 bedroom Unit sold in Narrogin in the last 12 months.
Last Listing description (August 2024)
Investment Opportunity in Narrogin!
Positively Geared Duplex Pair at 21A and 21B Lefroy Street - that's two dwellings on a single green title, no strata!
Currently leased for a combined $520.00 per week, offering an excellent return on investment.
Narrogin boasts a low vacancy rate and high demand for properties, ensuring steady income for investors. This duplex has been rented for years to the same tenants. Narrogin is a key centre for the surrounding agricultural region and its population is steady.
Positive cash flow properties are rare in Western Australia but this is your chance to start or grow your investment portfolio.
The property is old but has been well-maintained with new air conditioners and side fence. There are many high quality contractors available in the local area so getting work done is never an issue.
Each unit is a 3x1 with a long driveway, carport and plenty of space to park, plus a shed and secure backyard.
Don't wait too long, seize this opportunity before it's gone! Contact us now for more details and to schedule a viewing.
Property History for 21a/21b Lefroy St, Narrogin, WA 6312
- 28 Aug 2024Sold
- 21 Jun 2024Listed for Sale FROM $330,000
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0About Narrogin 6312
The size of Narrogin is approximately 13.1 square kilometres. It has 21 parks covering nearly 18.5% of total area. The population of Narrogin in 2011 was 4,219 people. By 2016 the population was 4,268 showing a population growth of 1.2% in the area during that time. The predominant age group in Narrogin is 10-19 years. Households in Narrogin are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Narrogin work in a trades occupation. In 2011, 62.8% of the homes in Narrogin were owner-occupied compared with 61.1% in 2016.
Narrogin has 2,482 properties. Over the last 5 years, Houses in Narrogin have seen a 116.13% increase in median value, while Units have seen a 46.26% increase. As at 31 October 2024:
- The median value for Houses in Narrogin is $279,727 while the median value for Units is $167,042.
- Houses have a median rent of $350 while Units have a median rent of $250.
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