40a May St, Walkervale is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 799m2 and floor size of 139m2. While the property is not currently for sale or for rent, it was last sold in July 2025. There are other 3 bedroom House sold in Walkervale in the last 12 months.
SET & FORGET OPPORTUNITY
Considering another addition to your investment portfolio, whilst interest rates remain low and yields are so healthy, this set & forget opportunity will certainly meet your investment strategy. Long staying tenants & a fixed lease agreement, you are assured your return will remain guaranteed.
A spacious & practical floorplan consists of three generous size bedrooms, large living area, kitchen/dining combined, huge open area bathroom arranged to suit disability access and the downstairs laundry which also has a second shower & toilet. There is multiple entertaining areas, a tiled alfresco area at the front or a huge covered area on a timber deck setting out the back. The large backyard has shed space for the yard equipment, the gardens are well established and easy to maintain.
From the Weekes Perspective :-
- Refurbished over recent years
- Fixed term tenant paying $360 per week until September 2022 (rental appraisal $400 per week)
- A modern & practical kitchen with plenty of storage
- Bathroom a great setup, designed to suit disability access
- Second shower & toilet in the downstairs area off the back of the lock up garage
- Air-conditioning to the main living & two bedrooms
- Multiple entertaining areas
- 799sqm fenced block
- 600m to Southside Central for grocery & pharmaceutical needs
- Council rates $1801 (approx) per half year inc water
The size of Walkervale is approximately 1.7 square kilometres. It has 4 parks covering nearly 0.4% of total area. The population of Walkervale in 2016 was 2987 people. By 2021 the population was 2981 showing a population decline of 0.2% in the area during that time. The predominant age group in Walkervale is 20-29 years. Households in Walkervale are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Walkervale work in a trades occupation.In 2021, 64.30% of the homes in Walkervale were owner-occupied compared with 62.20% in 2016.
Walkervale has 1,388 properties. Over the last 5 years, Houses in Walkervale have seen a 151.88% increase in median value, while Units have seen a 149.15% increase. As at 30 November 2025:
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