OFF MARKET

98/98A Kenny Crescent
Rangeway WA 6530

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 93m2
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Last updated 14 Oct 2024
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Property Details for 98/98a-B Kenny Cres, Rangeway

98/98a-B Kenny Cres, Rangeway is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a floor size of 93m2.

Building Type
House
Floor Size
93m2
Local Government
Greater Geraldton

Last Listing description (February 2016)

Rarely do you find a duplex pair on one title at this price with a current rent return of $470.00 per week this investment could achieve a rental return over 7.5 % gross on listing price.
The property is located close to school and shopping facilities and only approximately 5 minutes to the Geraldton CBD
Each of the units has 3 spacious bedrooms, 1 bathroom and an air-conditioned living area and each of the units have a big back yard.

To achieve further capital gains in the future the possibility of subdividing the duplex pair to strata title units can be explored in the future.
The building is of brick construction and the units have been maintained well considering their age
If you are looking for an investment giving you a return above bank interest please call John Mandosio on 0417959004 for further information and to view this property. All offers considered.

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Property History for 98/98a-B Kenny Cres, Rangeway, WA 6530

A timeline of how this property has performed in the market
  • 24 Jul 2015
    Listed for Sale $320,000

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About Rangeway 6530

The size of Rangeway is approximately 1.8 square kilometres. It has 6 parks covering nearly 4.2% of total area. The population of Rangeway in 2011 was 2,260 people. By 2016 the population was 1,886 showing a population decline of 16.5% in the area during that time. The predominant age group in Rangeway is 0-9 years. Households in Rangeway are primarily single parents and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Rangeway work in a labourer occupation. In 2011, 54.6% of the homes in Rangeway were owner-occupied compared with 60.3% in 2016.

Rangeway has 988 properties. Over the last 5 years, Houses in Rangeway have seen a 165.97% increase in median value, while Units have seen a 71.35% increase. As at 30 September 2024:

  • The median value for Houses in Rangeway is $302,404 while the median value for Units is $258,112.
  • Houses have a median rent of $370 while Units have a median rent of $300.
There are currently 5 properties listed for sale, and 3 properties listed for rent in Rangeway on OnTheHouse. According to CoreLogic's data, 80 properties were sold in the past 12 months in Rangeway.

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