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Overview
Located in the convenient and sought-after area of Wilsonton, this tidy unit offers an excellent opportunity for investors or those seeking a manageable, low-maintenance residence. The property is thoughtfully designed with open plan living that promotes a natural flow between the kitchen, dining, and lounge areas, making daily life both functional and comfortable.
Year-round comfort is assured with reverse cycle air conditioning in the main living space, supplemented by ceiling fans throughout the home, contributing to energy efficiency and easy living. The practical layout supports ease of use and minimal upkeep, highlighted by the inclusion of a single carport offering secure off-street parking.
This unit forms part of a well-managed complex, with body corporate levies set at approximately $600 per quarter, helping to maintain communal areas and the building's upkeep, thereby adding to the property's overall appeal for long-term investment. Additionally, the property is complemented by clear and manageable rate payments, offering financial transparency for budgeting.
With a current rental appraisal indicating a return of $420 to $440 per week, the property delivers a gross yield exceeding 4.4%, underscoring its potential as a strong income stream for investors. Its location and upkeep position it as a viable entry-level purchase or a sensible addition to an investment portfolio.
This property is well-suited to buyers seeking a balance between lifestyle convenience and sound investment, especially those valuing ease of maintenance in a well-located setting.
Local Market Insights
In Wilsonton, Quiet Listings observed 24 new units entering the market over the last 30 days, down from 36 during the previous 30-day period, with an average advertised asking price of $632,083. The property type mix of listed properties is predominantly Houses at 74%, followed by units (11%), and land (5%). The most active agency for units in the Wilsonton area is currently Ray White, representing 33% of new listings, followed by Remax with 25%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.