25 Rankin Road
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About this property
Fantastic investment opportunity in a sought-after coastal location! This well-positioned 3-bedroom, 2-bathroom home with 2 car spaces offers solid returns and long-term rental security. Investment Highlights: • Current rental income: $280 per week per unit • Reliable long-term tenants - one in place for 21 years, the other for 13 years • Both tenants are keen to stay on (subject to rent review) • Strong rental history with consistent returns Whether you're looking to expand your portfolio or secure a stable income-producing property, this is an opportunity not to be missed. Don't miss out call today.
Property Details
- Property Type
- house
- Listing Type
- Sold
- Bedrooms
- 3
- Bathrooms
- 2
- Parking
- 2
- Listed
- 3 months ago
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Neighbourhood
Living in Fern Bay
This 3-bedroom house in Fern Bay, NSW 2295 sits within reach of public transport, and nearby schools. It is listed 30% below the $1.15m median of 57 comparable houseswithin 5 km.
Schools near Fern Bay
- Fern Bay Public Schoolprimary · K-6 · CoEd
What's nearby
- Vardon Rd Opposite Hyde La (bus) — 241 m away
- Unnamed — 1.8 km away
- Unnamed — 2.0 km away
- Banksia Park — 2.3 km away
Fern Bay at a glance
Full suburb profile- Population
- 4,046
- Median age
- 43
- Household income
- $1,435/wk
- Median rent
- $510/wk
- Median mortgage
- $2,299/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Fern Bay price trend
Median sold · House 3 bed
Compound growth +3.0% / yr over 4 yrs
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Full Fern Bay marketThis listing
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