Back 17 Elm Street
Off Market

17 Elm Street

Gunnedah NSW 2380

5
3
2
720 m²
House
Last sold for $835,000
Ben HennessyBen Hennessy, last sold this property on 19 August 2025 after 62 days on market.

Overview

Dual-income asset with strong returns, considered design, and lasting flexibility

Strategically located in a thriving area of Gunnedah, this modern duplex at 1 & 2 / 17 Elm Street offers an exceptional set-and-forget investmentdelivering immediate cashflow and future capital gain. Securely leased with quality tenants in place, the property generates a combined rental income of $970 per week ($50,440 annually), delivering a solid gross yield of approximately 5.97%. With separate metering, low-maintenance construction, and private entries for each unit, this dual-key offering presents a rare opportunity for investors seeking both reliability and return. Unit 1: Three bedrooms with built-in robes, including a master suite with walk-in and ensuite Open-plan living, ceiling fans throughout, and split-system air conditioning in living and master Family bathroom with separate bath and shower Internal laundry Single lock-up garage with remote and internal access Covered entertaining area and generous backyard Water tank connected Leased at $520/week until November 2025 Unit 2: Two bedrooms with built-in robes Modern bathroom with large corner shower Ceiling fans and split-system air conditioning Single lock-up garage with remote and internal access Covered entertaining area and generous backyard Water tank connected Leased at $450/week until March 2026 Located in a thriving regional market with low vacancy rates, increasing infrastructure investment, and long-term population growth, this is an ideal portfolio addition for savvy investors seeking both stability and future capital gain. Dual occupancy properties of this calibre rarely come to marketand even more rarely with such secure tenancies already in place. Call Hennessy Real Estate on 02 6742 3001 to secure this high-performing investment!

Features

5 bedrooms
3 bathrooms
2 carspaces
720 m² lot size
House

Estimated Value

Based on this property and similar 5 bedroom houses sold in Gunnedah over the last 12 months, the estimated median property value of 17 Elm Street is $804.5k.

Median value
$804.5k
Estimated value range
$420k - $1.1m
Median days on market
36
Estimated value trend
12%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Gunnedah. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 17 Elm Street

2025
Sold
$835,000
Private Sale/Treaty on 19 Aug 2025 by Ben Hennessy, of Hennessy Real Estate

Happy sellers in Gunnedah

88%
88% of sellers in Gunnedah reported that their sale price either exceeded or met their price expectations.

Gunnedah stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 8 reviews in Gunnedah over the last 12 months.

Local market activity for 5 bedroom houses in Gunnedah

In the last 12 months, 18 five-bedroom houses similar to 17 Elm Street, have been sold.

This represents a 26% decrease in five-bedroom houses sales when compared to the previous 12 months.

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