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Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

Property in Bourkelands NSW 2650

$795,000

Listed: 44 days ago
Updated: 17 days ago
Overview

Situated on a substantial 763sqm plot in Bourkelands, this spacious home spreads approximately 272sqm of thoughtfully designed living space, ideal for those seeking a secure investment with a reliable income stream thanks to an existing Defence Housing Australia (DHA) lease. The property balances generous indoor areas with well-sized outdoor entertaining zones, facilitating both relaxed family living and enjoyable social occasions.

The layout accommodates flexibility, featuring four bedrooms plus a study area that can serve as a fifth bedroom if needed, catering to growing families or those requiring a dedicated workspace. Thoughtfully separated living options include multiple living zones and a separate lounge or media room to suit different household dynamics and lifestyles.

The kitchen, equipped with an electric oven and gas cooktop, seamlessly integrates into the open-plan dining and family areas, fostering connectedness during mealtimes and gatherings. Practical features such as built-in robes in all bedrooms and a main bedroom boasting a walk-in wardrobe and ensuite add to the home's comfort and functionality. Additional conveniences include a separate main bathroom with toilet, laundry with direct yard access, and a double lock-up garage with internal entry.

Outdoor amenities enhance the property's appeal with a large undercover entertainment area perfect for year-round enjoyment amidst a fully fenced, child-friendly backyard, ensuring safety and privacy. The inclusion of reverse cycle air conditioning and security screens throughout enhances comfort and security.

Located within a convenient distance to quality educational institutions like Red Hill Public School and Mount Austin High School, as well as Wagga Wagga Town Centre, this property offers both lifestyle ease and investment reassurance. The secure DHA lease commencing June 2024 and extending for six years plus an option period provides steady and professionally managed rental income, making this an attractive option for investors prioritizing stability in their portfolios.

Please note, due to the DHA lease, owner occupation is restricted until lease expiry and inspections are by private appointment for qualified buyers only, arranged through the agent and DHA coordination.

Local Market Insights

In Bourkelands, Quiet Listings observed 67 new houses entering the market over the last 30 days, down from 74 during the previous 30-day period, with an average advertised asking price of $918,739. The property type mix of listed properties is predominantly Houses at 75%, followed by units (12%), and villas (7%). The most active agency for houses in the Bourkelands area is currently Belle Property, representing 18% of new listings, followed by Remax with 16%. 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.

Location

Bourkelands NSW 2650
Measurements
Type Dimensions
Floor Area 272 m²
Market Insights for Bourkelands NSW 2650
New Listings (last 30 days)
67
Average price
$918,739
Lowest price
$435,000
Highest price
$3,800,000
Other properties in this postcode