It's hard to find 4 bedroom homes for this price. 49 Margaret Crescent is 4 bed, 1 bath with a big lock-up carport and fenced yard. The back 4th bedroom could also be used as a living space, if needed, as it integrates well with the main lounge room and kitchen.
Located in a flood free neighbourhood this home has hardwood timber flooring for most of its layout - handy to know for future renovations.
The outgoing tenant is paying $390 per week which is cheap - most comparable rentals are fetching $420 or so at present.
The location is walkable distance to Gilwinga State Primary and St Josephs Catholic. The nearest neighbourhood store - the Top Shop - is about 500m away.
Is there work to do? Definitely - the property would do well with a tidy up to paintwork, flooring and window furnishings and future renovations to kitchen and bathroom could take advantage of the large layout and add rental value again.
Evidence shows this type of investment is smart for a few reasons: low entry price, highly rentable and based on the last 20 years likely to yield capital growth.
Pest & building reports are available. The property will be sold with vacant possession.
Inspections
No open inspections scheduled.
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Contact Angus McKimm to learn more about this property, request an inspection or take an online tour.
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Nearby sales
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We found 5 houses with 4 bedrooms that just sold near 49 Margaret Crescent South Grafton
Property history
You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
06 May 2021
Sold
McKimm's Real Estate
Listed: 22/02/2021
Block size: 550m²
Transfer type: Full transfer
16 Sep 2014
Sold
LJ Hooker Grafton
$175,000
Contract: 16/09/2014
Listed: 16/05/2014
Days on market: 123
Transfer type: Full transfer
South Grafton suburb information
A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
43 years
Population
6,288
Listing ID: 182451574. This listing has been viewed 8 times. It was first displayed on 16/04/2024 and last updated on 22/04/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.