Duplex Investment-----Take Advantage in Edgeworth's Growing Market
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About this property
Step into the realm of strategic investment with this impeccably designed dual living duplex, positioned to leverage Australia's booming infrastructure growth. With its expansive house area and a generous plot size, this property is more than a residence-it's a vessel for wealth creation. ***At a Glance:*** **Instant Equity on Completion** -**Construction: Dual Living Duplex -**Estimated Rental Per Week: $1360 - $1400, showcasing a promising yield of 5.04% - 5.19% ***Amidst Australia's Infrastructure Boom:*** Edgeworth in New South Wales, with its meticulously designed dual living duplex, promises a unique blend of lifestyle and investment opportunity. Boasting a significant land area and house size, this property is situated in a community known for its familial vibe, with most residents working in trades and valuing the outdoor spaces provided by numerous parks. With the rental yield for units reaching as high as 5.24%, reflecting a vibrant rental market, and a remarkable annual capital growth for units, this investment is positioned for success. Furthermore, Edgeworth's proximity to Newcastle enhances its appeal, offering the perfect balance between serene suburbia and city conveniences†(Yourinvestmentpropertymag.com.au)â€.
Property Details
- Property Type
- house
- Listing Type
- For Sale
- Bedrooms
- 6
- Bathrooms
- 4
- Parking
- 2
- Land Area
- 625 m²
- Listed
- 3 months ago
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Neighbourhood
Living in Edgeworth
This 6-bedroom house in Edgeworth, NSW 2285 sits within reach of public transport, local shops and nearby schools. It is listed 65% above the $850,000 median of 58 comparable houseswithin 5 km.
Schools near Edgeworth
- Edgeworth Heights Public Schoolprimary · K-6 · CoEd
- Edgeworth Public Schoolprimary · P-6 · CoEd
- St Benedict's Primary Schoolprimary · K-6 · CoEd
What's nearby
- Northville Dr opp Hawkins Masonic Village (bus) — 1.5 km away
- Petstock — 2.4 km away
- Unnamed — 824 m away
- Kane Bruce Memorial Park — 883 m away
- Unnamed — 1.5 km away
Edgeworth at a glance
Full suburb profile- Population
- 6,401
- Median age
- 39
- Household income
- $1,435/wk
- Median rent
- $360/wk
- Median mortgage
- $1,733/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Edgeworth price trend
Median sold · House 3 bed
Compound growth +6.8% / yr over 4 yrs
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Full Edgeworth marketThis listing
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Price history
Listing price changes
1 price change recorded for this property
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