34/406 Hay St, Somerville is a 2 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 2010. The property has a land size of 189m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in March 2022.
All that a property investor is looking for is on offer at this brick unit. Vibrant Kalgoorlie-Boulder is sizzling with rising property prices and a tight rental market.A long-term lease until June 2024 with Government Regional Officers' Housing (GROH) is in place. Tenants might be teachers, police officer or admin staff. There is also an extra year option to extend the lease until June 2025. Current weekly rent is $368.99 but with regular 6 monthly rent review in place the expected weekly rent from May 2022 is $400 per week.The unit is fresh to the market & offers:- 2 Bedrooms with built in robes- 2 Bathrooms (both with ensuite)- Open plan living- Modern kitchen with stainless steel appliances- Natural (mains) gas connected for cooking and heating- Ducted air cooling- Private patio- Storage shed- Single carportLocated in a popular secure gated complex with low Strata Fees of $1012.20 per year, the fees also covers the cost of the building insurance.If you are thinking long-term investment with good cashflow, you best get in contact with Iris Haynes to discuss the options of inspections and purchase.Council rates $2,226.09paWater rates $260.00paStrata fees $253.05pqtr
The size of Somerville is approximately 4.7 square kilometres. It has 10 parks covering nearly 15% of total area. The population of Somerville in 2011 was 3,811 people. By 2016 the population was 4,134 showing a population growth of 8.5% in the area during that time. The predominant age group in Somerville is 40-49 years. Households in Somerville are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Somerville work in a trades occupation. In 2011, 58.6% of the homes in Somerville were owner-occupied compared with 59% in 2016.
Somerville has 1,810 properties. Over the last 5 years, Houses in Somerville have seen a 41.91% increase in median value, while Units have seen a 72.41% increase. As at 31 October 2024:
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