Property Details for 4/48 Gnangara Dr, Waikiki
4/48 Gnangara Dr, Waikiki is a 3 bedroom, 1 bathroom Villa with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in December 2023.
Last Listing description (December 2023)
This captivating villa at 4/48 Gnangara Drive not only promises an inviting living experience but also presents a compelling investment opportunity for astute investors. Currently, the property boasts a fixed-term tenancy in place, securing a steady rental income until August 2024. With a lucrative rental return of $400 per week, investors can rest assured that this residence is not only a delightful home but also reflects the strong demand for properties in this desirable location.
**Property Features:**
- Two separate living spaces with split system air conditioning for comfort control
- Master bedroom with double built-in robe and direct bathroom access
- Two minor bedrooms with built-in robes for added storage
- Family bathroom with separate bath, shower and vanity
- Single-carport
- Secure storeroom for extra storage
- Easy-to-maintain backyard for relaxed outdoor living
- Linen closet for added storage convenience
- 92m2 of comfortable living space on a 184m2 block
- Situated directly across from the Gnangara Reserve
- Close proximity to local amenities
- Currently tenanted for $400 per week on a fixed-term tenancy until the 24th of August 2024.
The villa's low-maintenance design ensures minimal hassle for landlords, allowing them to enjoy the benefits of property ownership without the stress of constant upkeep. Don't miss the chance to explore this investment gem. For more details or to arrange a viewing, contact NOLA TULLY or her team, who can guide you through the exciting prospects this property holds for your investment future.
Property History for 4/48 Gnangara Dr, Waikiki, WA 6169
- 06 Sep 2024Listed for Rent $530 / week
- 08 Dec 2023Sold for $380,000
- 20 Nov 2023Listed for Sale Under Contract
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About Waikiki 6169
The size of Waikiki is approximately 10.3 square kilometres. It has 25 parks covering nearly 48.4% of total area. The population of Waikiki in 2011 was 11,982 people. By 2016 the population was 12,406 showing a population growth of 3.5% in the area during that time. The predominant age group in Waikiki is 40-49 years. Households in Waikiki are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Waikiki work in a trades occupation. In 2011, 70.4% of the homes in Waikiki were owner-occupied compared with 72.9% in 2016.
Waikiki has 5,221 properties. Over the last 5 years, Houses in Waikiki have seen a 116.07% increase in median value, while Units have seen a 132.61% increase. As at 31 December 2024:
- The median value for Houses in Waikiki is $737,798 while the median value for Units is $508,354.
- Houses have a median rent of $580 while Units have a median rent of $460.
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