6 Bow CourtParalowie SA 5108
Property Details for 6 Bow Ct, Paralowie
6 Bow Ct, Paralowie is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1991. The property has a land size of 590m2 and floor size of 77m2.
Last Listing description (October 2012)
Let The Tenants Pay The Mortgage
It's rare that an investment will yield such a great rental return as this property. With property prices remaining subdued, high rental demand in the area and experts tipping further interest rate cuts, it has never been a better time to secure this great investment offering positive geared returns. And what's even better is that historically whenever we have seen positive geared properties like this their capital appreciation usually outperforms the marketplace.
Providing a strong rental return of $440.00 per week, purchasing this property, comprising of 2 units side by side, means that you will enjoy a 50% shareholding in this intimate group of 4 strata units thus providing you the advantage of the controlling vote for all matters pertaining to the group.
Units are also available for individual sale should you wish to consider this as an investment or first home owner option.
BENEFITS & RETURN
??? Strategy: Positive Cash Flow & Strong Capital Growth Expected
??? Rental Yield: > 6.3%
??? Rental Return: $440.00 per week
??? Gross Income p.a.: $22,880.00*
??? Strata: 50% shareholder
FEATURES & SPECIFICATIONS
2 x 2 bedroom units located at the end of a quiet cul-de-sac and positioned in the popular location of Paralowie.
Situated within walking distance to public transport, schools, shops, these units will prove very attractive to potential tenants: - 1 x private carport space plus 1 visitor parking (each) - Spacious lounge room - Spacious kitchen - Separate Laundry - Private rear backyard - Air conditioning Simply sit back and harvest the return from this fantastic investment opportunity. Both units are already tenanted with fixed term leases.
* Approximate figures only - does not incl. vacancy rate
Property History for 6 Bow Ct, Paralowie, SA 5108
- 10 Aug 2012Listed for Sale $349,000 - $369,000
- 13 Oct 2011Listed for Sale $185,000 - $199,000
Recent sales nearby
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About Paralowie 5108
The size of Paralowie is approximately 6.7 square kilometres. It has 37 parks covering nearly 17.6% of total area. The population of Paralowie in 2016 was 16530 people. By 2021 the population was 17504 showing a population growth of 5.9% in the area during that time. The predominant age group in Paralowie is 30-39 years. Households in Paralowie are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Paralowie work in a labourer occupation.In 2021, 73.70% of the homes in Paralowie were owner-occupied compared with 72.60% in 2016.
Paralowie has 7,040 properties. Over the last 5 years, Houses in Paralowie have seen a 130.44% increase in median value, while Units have seen a 131.98% increase. As at 30 April 2026:
- The median value for Houses in Paralowie is $785,736 while the median value for Units is $502,161.
- Houses have a median rent of $585 while Units have a median rent of $460.
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