Rupert Pay

Rupert Pay Property Inspections

6/16 Mount Street, Coogee: Price guide: $775,000

Inspection date: 26 August 2021

Auction date: 11 September 2021

Unit - Beds: 1 - Bath: 1 - Parking: 0 - Unit size: 45sqm

Sold price: $

Price Per Square Meter: $17,777 @ $800,000

Potential Rent: $500 p/w (Current. leased to June 2022)

Yield: $500 p/w @ $800,000 = 3.25%

Strata: Circa $1,596.87 pq

Last Sold: 9 Aug 2013 for $490,000

Comments: Good floor plan, great location, small block. Building externally neglected

1/44A Allens Parade, Bondi Junction: Price: $950,000

Inspection date: 21 August 2021

Auction date: For Sale - Private Treaty

Unit - Beds: 2 - Bath: 1 - Parking: 0 - Unit size: 81sqm

Sold price: $

Price Per Square Meter: $11,481 @ $930,000

Potential Rent: $650 p/w

Yield: $650 p/w @ $900,000 = 3.63%

Strata: Circa $1,300 pq

Last Sold: 24 Jul 2003 for $445,000

Comments: Would be suitable, but the vendors have a current offer of $930,000 they have not accepted. There was an issue with repairs that apparently has been rectified.

11/158 Victoria Road, Bellevue Hill: Price guide: $850,000

Inspection date: 10 August 2021

Auction date: For Sale - Private Treaty

Unit - Beds: 1 - Bath: 1 - Parking: 0 - Unit size: 63sqm

Sold price: $900,000

Price Per Square Meter: $14,285 @ $900,000

Potential Rent: $650 p/w

Yield: $650 p/w @ $900,000 = 3.75%

Strata: $1,282 pq

Last Sold: 12 Mar 2014 for $645,000

Comments: Fantastic aspect. Floor plan a little strange.

2/1 Ben Eden Street, Bondi Junction: Price guide: $800,000

Inspection date: 26 August 2021

Auction date: 15 September 2021

Unit - Beds: 2 - Bath: 1 - Parking: 0 - Unit size: 56sqm

Sold price: $

Price Per Square Meter: $15,714 @ $880,000

Potential Rent: $600 p/w

Yield: $600 p/w @ $880,000 = 3.54%

Strata: $1,062 pq

Last Sold: 19 Jul 2008 for $425,000

Comments: Good location, good floor plan, well maintained building. 2 bedrooms

6/156 Crown Street, Darlinghurst: Price guide: $725,000

Inspection date: 21 August 2021

Auction date: 11 September 2021

Unit - Beds: 1 - Bath: 1 - Parking: 0 - Unit size: 60sqm

Sold price: $

Price Per Square Meter: $12,500 @ $750,000

Potential Rent: $550 p/w

Yield: $550 p/w @ $700,000 = 3.81%

Strata: $1,688 pq

Last Sold: 8 Apr 2014 for $616,000

Comments: Well presented. Central location on Crown St. Strange elevated bedroom with limited head height

2/1 Waverley Crescent, Bondi Junction: Price guide: $680,000

Inspection date: 19 August 2021

Auction date: For Sale - Private Treaty

Unit - Beds: 1 - Bath: 1 - Parking: 0 - Unit size: 50sqm

Sold price: $

Price Per Square Meter: $14,000

Potential Rent: $480 p/w

Yield: $480 p/w @ $700,000 = 3.56%

Strata: $1,072 pq

Last Sold: Not available

Comments: Good location, hence the reasonably good yield. The vendor will sell for $700k, which is good value. The unit is smaller than what your budget can achieve. We can definitely find something more suitable.

10/21 Bondi Road, Bondi Junction: Price: $725,000

Inspection date: 15 August 2021

Auction date: For Sale - Private Treaty

Unit - Beds: 1 - Bath: 1 - Parking: 0 - Unit size: 58sqm

Sold price: $

Price Per Square Meter: $12,500

Potential Rent: $500 - $550 p/w

Yield: $500 p/w @ $725,000 = 3.58% (Note: This is the selling agents rental appraisal)

Strata: $1,218 pq

Last Sold: Not available

Comments: Company title, but no restrictions on renting according to the selling agent. Well maintained owner occupied. 12 units in the block, no lift. They currently have an offer of $715,000 and are planning on selling it by Tuesday. Busy location, however the unit is at the rear of the block. Close to Bondi Junction, shouldn't be a problem renting.

4c/91 Ocean Street, Woollahra: Price guide: $700,000

Inspection date: 15 August 2021

Auction date: 25 August 2021

Unit - Beds: 1 - Bath: 1 - Parking: 0 - Unit size: 40sqm

Sold price: $720,000

Price Per Square Meter: $18,000

Current Rent: $395 p/w

Yield: $395 p/w @ $720,000 = 2.85%

Strata: TBA

Last Sold: Not available

Comments: Company title. Good location, however poorly maintained, bad floor plan and poor quality complex. Definitely not suitable