4/23 Clyde St, NEWPORT, Victoria, 3015

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Sold

Sold for $325,000 (Aug 27, 2018)

Absolute Value for Money

Once in a while the perfect scenario presents itself for the astute buyer to check off their entire investment check list.

Secure rental income on a fixed term lease, currently $1,238pcm, equates to 4.3% return and the low Owners Corporation fee adds to the attraction.

A reliable, house proud tenant keeps this ultra low maintenance brick property in tip top condition. Added bonuses like an entrance alcove, extra large bedroom to accommodate a study area, internal laundry, separate toilet, dedicated parking and a top quality, on trend renovation equate to a simple, hassle free and clever investment or a foothold into the market for a new homeowner to make their own at end of lease. No need to think twice!

Property Info:

  • Property ID: 19016715
  • Property Type: Unit
  • Garages: 1

We Know Your Area

R&H Suburb Profile: Newport

R&H Suburb Summary Houses
Number of sales 154
Average Price $1,012,303
Median Price $1,000,000
Median Rental Price $550 p.w.
Change in Rental Rate (5yr) 22 %
R&H Suburb Summary Units
Number of sales 27
Average Price $632,776
Median Price $627,500
Median Rental Price $490 p.w.
Change in Rental Rate (5yr) 23 %
Newport, VIC - Median Trend