36 Bannerman St, Riverview is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 607m2 and floor size of 99m2. While the property is not currently for sale or for rent, it was last sold in May 2021.
IF THIS DOESN'T MAKE IT TO YOU FINAL SHORTLIST AS AN INVESTOR THEN NOTHING WILL.
This property is a sensational buy at $259,000 with AMAZING tenants in place for another year and they are requesting for a longer term lease.
This home is solid brick with cement tiled roof. Built to last, the home was originally built for the department of housing so it is as solid as they come.
With 3 large bedrooms and stunning timber floors, this home is perfect right now but there is still potential to "value add" should you wish.
At A Glance;
-Fully fenced yard
- Front veranda
- Very close to the school ( the rear entrance is just a few meters away)
- Open Plan living with gorgeous timber floors
- spacious kitchen with laundry off the one side
- 3 Very spacious Bedrooms with timber floors.
- Bathroom with bath and shower over the one side
- Separate Toilet
- Single carport
- Great location with access to public transport and within throwing distance of the school.
- Approx 607m2 block
Investor Information;
- tenants paying $270 per week and wanting a longer lease ( currently expiring April 2022)
- Rates - $463 per quarter ( as per invoice dated 15-1-2021)
- Water - $341.85 per quarter ( as per invoice dated 20-1-2021)
This is a solid buy. Give Sarah-Jayne Hall a call today to ensure you don't miss out.
Tenants require minimum 24 hours notice so please ensure you give us enough time to ensure we are giving the legally required notice.
The size of Riverview is approximately 7.8 square kilometres. It has 9 parks covering nearly 1.5% of total area. The population of Riverview in 2016 was 3073 people. By 2021 the population was 3067 showing a population decline of 0.2% in the area during that time. The predominant age group in Riverview is 10-19 years. Households in Riverview are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Riverview work in a labourer occupation.In 2021, 47.20% of the homes in Riverview were owner-occupied compared with 43.40% in 2016.
Riverview has 1,272 properties. Over the last 5 years, Houses in Riverview have seen a 175.21% increase in median value, while Units have seen a 196.34% increase. As at 30 November 2025:
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