Currently tenanted and returning $170.00 per week, this one bedroom unit offers a high return to the canny investor who can spot value.

In a solid brick block, this unit has one bedroom, a kitchen, living area and bathroom in a convenient layout for the tenant.

For the every growing number of solo households one-bedroom apartments are becoming more popular.
According to Australian Bureau of Statistics data, the fastest-growing household type is the lone-person dwelling, which is projected to grow by an average of 2.2 per cent a year, reaching 3.2 million households, or 28 per cent of all households, by 2031.

What does this mean for investors? Simply put, growing demand for smaller dwellings.
If you have never invested in property before this is a great place to start, or if you are looking to add to your portfolio this little gem could be getting you a 7% return on your investment.

Buying the perfect home requires the perfect home loan, so give
Steve Conrad at LJH Home Loans a call today.