26/1 Erythrina Street
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About this property
Affordable investments like this are getting harder to find. This freestanding 2-bedroom strata unit offers a rare combination of strong returns, generous land size and future potential, all at an entry price under $360,000. Set on a massive 410sqm strata lot, this property stands out from typical two-bedroom units thanks to its amazing outdoor space - nearly 300sqm of private backyard giving you space not found in strata units these days. Whether you want room for pets, entertaining, or even the potential to add a workshop or shed, the options are there. Inside, the home has already been tastefully updated with modern improvements to the kitchen, bathroom and flooring, while built-in robes to both bedrooms add practical everyday funtionality. Positioned away from street noise, the central but quiet location and generous yard make it a property tenants are happy to call home. With a gross return of over 9% at the asking price, this is a ready-made investment with excellent upside. Features include: Freestanding strata unit 2 bedrooms | 1 bathroom | carport Large 410sqm lot Nearly 300sqm private backyard Potential space for shed or workshop Built-in robes to both bedrooms Updated kitchen, bathroom & flooring Quiet location away from street noise Strong ~9% gross rental return Attractive price $359,000 Affordable, high-yield investments with this much land are rare. Enquire today.
Property Details
- Property Type
- house
- Listing Type
- Sold
- Bedrooms
- 2
- Bathrooms
- 1
- Parking
- 1
- Land Area
- 410 m²
- Listed
- 3 months ago
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Neighbourhood
Living in Kununurra
This 2-bedroom house in Kununurra, WA 6743 sits within reach of public transport, local shops and nearby schools. It is listed 30% below the $515,000 median of 35 comparable houseswithin 5 km.
Schools near Kununurra
- East Kimberley Collegecombined · K-12 · CoEd
What's nearby
- Unnamed (bus) — 435 m away
- Red Sun — 141 m away
- Pindan Park — 425 m away
- White Gum Park — 433 m away
- Unnamed — 575 m away
Kununurra at a glance
Full suburb profile- Population
- 5,494
- Median age
- 33
- Household income
- $2,091/wk
- Median rent
- $266/wk
- Median mortgage
- $2,019/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Kununurra price trend
Median sold · House 4 bed
Compound growth +7.1% / yr over 4 yrs
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