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Overview
This duplex property located at 4 Gerber Place, Dubbo, offers a distinctive investment opportunity featuring two independent brick residences on a substantial 1108sqm lot. This setup allows for two separate rental incomes, providing a robust dual income stream from a single title — a format that is particularly appealing for investors seeking reliable, established rental returns without the complexity of managing multiple properties.
Both residences are thoughtfully designed to offer tenants privacy and independence, each with their own private entrance, single lock-up garage, and covered outdoor entertaining area. This layout ensures a residential ambience with generous backyard space and secure fencing, enhancing tenant appeal and future marketability.
Inside, the residences boast functional floor plans incorporating separate living and dining areas, well-proportioned bedrooms, individual kitchens, bathrooms, and laundries — distinct and practical features that meet the needs of tenants looking for comfort and convenience. The inclusion of covered rear patios further promotes outdoor enjoyment and lifestyle quality.
- Land Size: 1108sqm providing extensive outdoor space and ample driveway area for parking beyond the garages
- Four bedrooms and two bathrooms in total, evenly split between the two residences
- Two single lock-up garages offer secure parking and storage
- Existing dual tenancies producing a combined weekly income of $780, with a scheduled rental increase on one side adding to future income potential
- Established gardens and brick construction contribute to a low-maintenance yet attractive investment
- Located in the popular Eastridge area, known for its strong rental demand
This property is ideal for investors looking to diversify within a single site, combining the security of two established incomes with straightforward management. The layout and features also lend themselves to tenants valuing independent living with the benefits of a detached home environment.
Local Market Insights
In Dubbo, Quiet Listings observed 4 new duplexes entering the market over the last 30 days, up from 3 during the previous 30-day period, with an average advertised asking price of $754,750. The property type mix of listed properties is predominantly Houses at 78%, followed by land (6%), and units (5%). The only agency with for duplexes listings currently monitored in the Dubbo area is Dubbo Real Estate Agency. 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.