446/67 Cascade St, Raceview is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2002. The property has a land size of 51m2.
Phone enquiries - please call 1300 594 794 and quote property ID 39791.
THE PROPERTY
Two self-contained studios on one title
THE INCOME
$910 per fortnight combined rent
THE COSTS
Body corporate: approx. $2,325/qtr
Rates: approx. $440.60/qtr
Utilities: approx. $245.15/qtr
Management: approx. $96.59/fortnight if used
THE VILLAGE
- Over-50s
- Gated community
- On-site management
- Communal facilities
-Pool
- Dining facilities
- Bus at the front
- Close to shops and medical services.
THE INVESTMENT OPPORTUNITY
The gross rent is approximately:
$47,320 per year.
At $260,000, that is a gross rental yield of about 18.2% before expenses.
DISCLAIMER While proudly assisting home owners to sell since 1999, No Agent Property takes every care to verify the accuracy of the details in this advertisement, but the correctness cannot be guaranteed.
The size of Raceview is approximately 5.9 square kilometres. There are 23 parks, covering nearly 11.7% of the total area. The population of Raceview in 2016 was 9721 people. By 2021 the population was 9699 showing a population decline of 0.2% in the area during that time. The predominant age group in Raceview is 0-9 years. Households in Raceview are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Raceview work in a community and personal service occupation.In 2021, 57.00% of the homes in Raceview were owner-occupied compared with 53.00% in 2016.
Raceview has 4,533 properties. Over the last 5 years, Houses in Raceview have seen a 122.29% increase in median value, while Units have seen a 162.13% increase. As at 31 August 2026:
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