187 Horwood RoadWoorree WA 6530
Property Details for 187 Horwood Rd, Woorree
187 Horwood Rd, Woorree is a 18 bedroom, 9 bathroom Townhouse. The property has a land size of 9475m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in June 2022.
Last Listing description (July 2022)
Brand new to the market is this rare piece of real estate, consisting of 8 - 2 x 1 large brick and tile units, equipped with a fully functioning laundry and storeroom, just to get you started!
We all know that accommodation in Geraldton is extremely hard to get, but so are good returns on your investment. With banks paying rates of around .065%, this is something savvy investors should look at. Each unit has 2 large bedrooms, laundry, large living/dining room, bathroom, separate toilet, good storage, some with modern kitchens and all have a large private fenced back yard. These units are fully tenanted, returning approximately 7.5%!! To add to your investment, there is also a 3 x 1 older house, also gaining $100/week, and a huge block out the back. So, if you wanted to knock the old place down and build more units - council allowing - this could increase your return even more.
The whole parcel of land, which is on one title, is a whopping 2.34 acres, which faces Horwood Road. This property is only 9 minutes to the CBD of Geraldton! What are you waiting for?
Property History for 187 Horwood Rd, Woorree, WA 6530
- 01 Jun 2022Sold for $1,100,000
- 24 Sep 2021Listed for Sale SOLD - $1,100,000
Commute Calculator
Recent sales nearby
See more recent sales nearby/assets/perm/zrdjvh56aii6ncupywgyuuie4i?signature=ce909967394edeb32c377a33a72237906d80fc17ea6dfe739c0dc9f3f9d95072){kind=logo}
0
/assets/perm/gdmfwrsawai6zltb7n4usnt6g4?signature=ab302410b528291c4ec3c1da5ed71cc79d510c66b44d2c9c643d6290827cab31){kind=logo}
0Similar properties For Sale nearby
See more properties for sale nearby
0
0
0
Similar properties For Rent nearby
See more properties for rent nearby
0
0About Woorree 6530
The size of Woorree is approximately 5 square kilometres. It has 2 parks covering nearly 2% of total area. The population of Woorree in 2011 was 1,200 people. By 2016 the population was 1,336 showing a population growth of 11.3% in the area during that time. The predominant age group in Woorree is 50-59 years. Households in Woorree are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Woorree work in a trades occupation. In 2011, 85.3% of the homes in Woorree were owner-occupied compared with 87.8% in 2016.
Woorree has 585 properties. Over the last 5 years, Houses in Woorree have seen a 94.93% increase in median value. As at 31 October 2024:
- The median value for Houses in Woorree is $510,620 while the median value for Units is $314,713.
- Houses have a median rent of $375 while Units have a median rent of $160.
Suburb Insights for Woorree 6530
Market Insights
Woorree Trends for Houses
N/A
N/A
View TrendN/A
N/A
Woorree Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
