2/38a Coorigil St, Hillvue is a 4 bedroom, 3 bathroom House with 4 parking spaces and was built in 2019. The property has a land size of 1685m2 and floor size of 133m2.
INVESTORS & MULTI-GENERATIONAL FAMILIES THIS ONE IS WORTH A CLOSER LOOK
Two incomes. Flexible living. Genuine upside.
An approved dual-income property in a sought-after pocket of Hillvue, positioned within one of the regions fastest-growing hubs.
Combining strong rental income, long-term tenants, substantial land and genuine value-add potential, this property offers the opportunity to secure cash flow today while creating further value tomorrow.
For investors, its a compelling income-producing asset with room to grow.
For multi-generational families, the dual-income configuration provides the flexibility for multiple generations to live independently while remaining together.
A versatile property with income, land and upside all in one.
Properties offering this level of flexibility dont come along every day.
KEY HIGHLIGHTS
$850/week combined rental income
3-bedroom dwelling $500/week
1-bedroom dwelling $350/week
~ Approx 5% gross rental yield
Long-term tenants in place
850m+ landholding
Approved dual-income configuration
One title
Secure lock-up garage to each dwelling
Fully fenced private yard to each side
Solid original brick construction with some updates
Positioned within a sought-after pocket of Hillvue, showcasing excellent street appeal
Very well maintained, and low maintenance
Potential for further rental growth
Renovation and value-add potential
Potential strata-title upside, subject to feasibility & approvals
Ideal for multi-generational living
VALUE-ADD OPPORTUNITY
This isnt simply a property generating rent.
There are multiple avenues to potentially improve:
Renovate and enhance rental appeal
Increase rental returns over time
Investigate potential future strata titling
Leverage the substantial land component
INVEST FOR TODAY. POSITION FOR TOMORROW.
Located within a fast-growing regional hub benefiting from continued population growth, major infrastructure investment and significant development.
This provides an attractive combination of:
Income + Growth + Value-add + Land
LOCATION HIGHLIGHTS
Approx. 700m to Hillvue Public School
Approx. 2.3km to Peel High School
Close to shopping, supermarkets & everyday amenities
Minutes to AELEC & Tamworths Country Music precinct
Easy access to Tamworth CBD
Short drive to Tamworth Hospital.
Established Hillvue residential location
Major NEW supermarket & retail precinct development coming to Hillvue. 408420 Goonoo Goonoo Road
DONT MISS THE OPPORTUNITY
Properties combining dual income, near-5% yield, substantial land in sought-after pocket and genuine value-add potential are tightly held and rarely come to market.
Early enquiry is strongly encouraged.
For enquiries please phone: 0401 215 734
Property Code: 2079
The size of Hillvue is approximately 11.7 square kilometres. There are 17 parks, covering nearly 8.6% of the total area. The population of Hillvue in 2016 was 6391 people. By 2021 the population was 6528 showing a population growth of 2.1% in the area during that time. The predominant age group in Hillvue is 10-19 years. Households in Hillvue are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Hillvue work in a professional occupation.In 2021, 74.40% of the homes in Hillvue were owner-occupied compared with 73.80% in 2016.
Hillvue has 3,063 properties. Over the last 5 years, Houses in Hillvue have seen a 69.06% increase in median value, while Units have seen a 94.12% increase. As at 31 August 2026:
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