1 Murringo St, Young is a 6 bedroom, 3 bathroom Unit with 3 parking spaces and was built in 1980. The property has a land size of 1012m2 and floor size of 89m2. While the property is not currently for sale or for rent, it was last sold in August 2013.
Raine & Horne Young offers the opportunity to secure a solid residential asset in Young NSW. Comprising three units on a generous block, this property is perfectly suited for astute investors and savvy developers seeking future growth and flexible strategies.
The address offers three brick, well maintained two bedroom, one bathroom units, all with single lock up garages. Security shutters installed on all main windows and private courtyards for all units. All units are currently tenanted with leases ranging from $290 -$330 per week, providing solid and consistent rental income from day one.
With a total of three off street parking spaces, this block sits on one title with potential for strata subdivision (STCA), allowing purchasers to explore options for individual resale or continue as a set and forget investment.
This is an exceptional opportunity to add a quality asset to your portfolio in a high demand rental location, close to ovals, hospital, schools and a flat walk to the shops and croquet.
The size of Young is approximately 367.1 square kilometres. There are 44 parks, covering nearly 1.9% of the total area. The population of Young in 2016 was 10295 people. By 2021 the population was 10610 showing a population growth of 3.1% in the area during that time. The predominant age group in Young is 10-19 years. Households in Young are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Young work in a trades occupation.In 2021, 66.20% of the homes in Young were owner-occupied compared with 65.30% in 2016.
Young has 6,199 properties. Over the last 5 years, Houses in Young have seen a 58.94% increase in median value, while Units have seen a 47.91% increase. As at 31 August 2026:
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