45 Lock St, Narrogin is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1969. The property has a land size of 749m2 and floor size of 114m2. While the property is not currently for sale or for rent, it was last sold in December 2019.
This brick and tile home is exceptional value at $135,000. Currently leased to a long term retired couple who would love to stay for many more years to come. This means that the lucky purchaser will have a guaranteed rental return right from the start. The current tenants pay $802.17pcm which is a bit on the low side for a property of this size but the current owners were very kind and let the rent stay low to assist the tenants. If someone was to buy it for an investment, then this amount could be looked at and possibly renegotiated. You will definitely be surprised by the size of this home in comparison to other homes at the same price point. Definitely a good one to add to your portfolio or you are a buyer entering the market then this is probably lower than any rent you may be currently paying. Definitely worth putting on your list of properties to view, you wont be disappointed.
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:
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