Friday Form Guide: Yields of up to 5.2% in Bligh Park

Friday Form Guide: Yields of up to 5.2% in Bligh Park
Cassidy KnowltonDecember 8, 2020

5 Alex Place, Bligh Park, NSW, 2756

This property is currently rented at $400 per week and could make a good prospect for investors. The lease was negotiated about six months ago and has expired, but the tenant is keen to stay on. The three-bedroom, one-bathroom house is light and airy, close to schools and transport and includes a garage or shed with workshop. It is being marketed by Vibe Property Richmond agent Michael Mahboub with price hopes of $399,000 plus. If it sells for $399,000 it would net investors a yield of 5.2%, about the same as the suburb's gross indicative yields for houses of 5.3%. It goes to auction on Saturday, August 13 at 11am.

For more information about prices and yields in Bligh Park, see the RP Data suburb page.

For other investment prospects going to auction this weekend, see pages 2 and 3.

 


64 Emu Parade, Jacana, Victoria, 3047


A rent assessment of this three-bedroom property estimates the potential for $310 to $340 per week in rent. The land size is 788 square metres, and it includes two carport spaces and one garage space. It is being marketed by Ray White Tullamarine agent Danny Coffey with price hopes of $320,000 plus. The property was passed in at auction on Saturday, August 13 at 11am. 

For more information about prices and indicative yields in Jacana, see the RP Data suburb page.

 



 

8/178 Kurraba Road, Neutral Bay, NSW, 2089


This studio apartment is well located near ferries, parkland and shops and could appeal to tenants. It is within easy community distance of the city and North Sydney. Listing agent Simon Nakhla of McGrath Neutral Bay says the property has generated a lot of investor interest. It is being marketed with $250,000 plus hopes. Indicative gross yields in the area are 2.5%, according to RP Data. It was passed in with a vendor bid on Saturday, August 13 at 9am. 

For more information about prices and indicative yields in Neutral Bay, visit the RP Data suburb page

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