49 Frank St, Kirwan is a 5 bedroom, 2 bathroom Unit with 4 parking spaces and was built in 1980. The property has a land size of 850m2 and floor size of 177m2. While the property is not currently for sale or for rent, it was last sold in December 2020.
What a fantastic opportunity for an astute investor looking for a 3 bedroom home with an income from the semi-detached 2 bedroom unit. This duplex which is positioned on a 850 sqm allotment has been lovingly maintained over the years with beautiful gardens, shade trees & automatic irrigation system. Unit 2 which has been recently renovated has a separate rear yard which makes this a perfect live in option for the investor. Currently returning approx. $27,000 gross a year from both units. A quiet neighbourhood & conveniently located within walking distance to local shopping centres, eateries & parks.
Each unit features
Unit 1.
The size of Kirwan is approximately 11.5 square kilometres. It has 17 parks covering nearly 13.1% of total area. The population of Kirwan in 2016 was 21418 people. By 2021 the population was 20780 showing a population decline of 3.0% in the area during that time. The predominant age group in Kirwan is 10-19 years. Households in Kirwan are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Kirwan work in a community and personal service occupation.In 2021, 63.20% of the homes in Kirwan were owner-occupied compared with 60.70% in 2016.
Kirwan has 8,974 properties. Over the last 5 years, Houses in Kirwan have seen a 111.10% increase in median value, while Units have seen a 135.97% increase. As at 31 March 2026:
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