17 Elm St, Gunnedah is a 5 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 720m2. While the property is not currently for sale or for rent, it was last sold in August 2025. There are other 5 bedroom House sold in Gunnedah in the last 12 months.
Strategically located in a thriving area of Gunnedah, this modern duplex at 1 & 2 / 17 Elm Street offers an exceptional set-and-forget investment—delivering immediate cashflow and future capital gain.
Securely leased with quality tenants in place, the property generates a combined rental income of $970 per week ($50,440 annually), delivering a solid gross yield of approximately 5.97%. With separate metering, low-maintenance construction, and private entries for each unit, this dual-key offering presents a rare opportunity for investors seeking both reliability and return.
Unit 1:
Unit 2:
• Two bedrooms with built-in robes
• Modern bathroom with large corner shower
• Ceiling fans and split-system air conditioning
• Single lock-up garage with remote and internal access
• Covered entertaining area and generous backyard
• Water tank connected
• Leased at $450/week until March 2026
Located in a thriving regional market with low vacancy rates, increasing infrastructure investment, and long-term population growth, this is an ideal portfolio addition for savvy investors seeking both stability and future capital gain. Dual occupancy properties of this calibre rarely come to market—and even more rarely with such secure tenancies already in place.
Call Hennessy Real Estate on 02 6742 3001 to secure this high-performing investment!
The size of Gunnedah is approximately 519.0 square kilometres. There are 36 parks, covering nearly 7.1% of the total area. The population of Gunnedah in 2016 was 9726 people. By 2021 the population was 10359 showing a population growth of 6.5% in the area during that time. The predominant age group in Gunnedah is 0-9 years. Households in Gunnedah are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Gunnedah work in a machinery operators and drivers occupation.In 2021, 65.40% of the homes in Gunnedah were owner-occupied compared with 63.00% in 2016.
Gunnedah has 5,906 properties. Over the last 5 years, Houses in Gunnedah have seen a 88.64% increase in median value, while Units have seen a 44.95% increase. As at 30 April 2026:
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