This modern duplex is currently returning $800 a week rent and would make the ideal investment.
They are mirror image of each other and feature 3 bedrooms, tiles throughout the living areas and natural gas for heating and cooking. Located on a 600m2 block they both have a compact, tidy backyard for you to enjoy from the covered patio.
Both are currently under lease (one until October 2020 and the other until April 2021), so it’s returning income from the moment you settle. Do the sums and I think you will see this one is worth serious consideration.
|R&H Suburb Summary||Houses|
|Number of sales||90|
|Median Rental Price||$550 p.w.|
|Change in Rental Rate (5yr)||45 %|
|R&H Suburb Summary||Units|
|Number of sales||3|
|Median Rental Price||$385 p.w.|
|Change in Rental Rate (5yr)||22 %|