5 Second Ave, Parkside is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1965. The property has a land size of 918m2 and floor size of 89m2. While the property is not currently for sale or for rent, it was last sold in May 2006.
Positioned on a generous 918m allotment, 5 Second Avenue, Parkside presents an outstanding opportunity for both investors and first home buyers seeking space, value and immediate return.
Set on a fully fenced block, this well-proportioned home offers practical living with a functional layout that caters to everyday comfort. Inside, you are welcomed by a large kitchen and dining area that flows through to a spacious loungeroom, creating a central hub for family living or tenant appeal.
The home comprises two bedrooms, both with built-in cupboards, a central bathroom and the added convenience of an internal laundry. Outdoors, the expansive yard provides plenty of room for future improvements, additional shedding or simply space to enjoy, complemented by an existing shed and a covered carport.
Currently tenanted at $390 per week until June 2026, the property delivers a strong rental yield of approximately 9.46%, making it a smart addition to any investment portfolio while also offering future flexibility for owner occupiers.
Notable features:
- 918m fully fenced allotment
- Strong 9.46% rental yield
- Currently leased at $390 per week until June 2026
- Large kitchen with electric cooking, diswasher and ample cupboard storage
- Spacious separate loungeroom
- Two bedrooms with built-in cupboards
- Functional bathroom and internal laundry
- Shed for additional storage
- Double tandem carport with ample off-street parking
- Expansive yard with future potential
Whether you are looking to enter the market or secure a solid investment with immediate income, this property offers a compelling opportunity in a high-demand rental location.
Contact Sam Hossain 0432463869 or Tanja Schlegel 0477795110 to arrange your inspection today.
Disclaimer: The above information has been provided to the best of our knowledge. Prospective purchasers are encouraged to conduct their own investigations. Floorplans are approximate and for illustrative purposes only.
The size of Parkside is approximately 1.5 square kilometres. There are 7 parks, covering nearly 12.0% of the total area. The population of Parkside in 2016 was 1532 people. By 2021 the population was 1530 showing a population decline of 0.1% in the area during that time. The predominant age group in Parkside is 20-29 years. Households in Parkside are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Parkside work in a professional occupation.In 2021, 46.10% of the homes in Parkside were owner-occupied compared with 48.20% in 2016.
Parkside has 864 properties. Over the last 5 years, Houses in Parkside have seen a 10.01% increase in median value, while Units have seen a -27.11% decrease. As at 31 May 2026:
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