1&2/26 Forrest Way, Gunnedah, NSW 2380

New to Market

Duplex Semi-detached
Type
5
Bedrooms
3
Bathrooms
2
Parkings
719.67 m²
Area

Published on Thursday, September 24, 2026 ( See property details for 1&2/26 Forrest Way, Gunnedah, NSW 2380)

New to Market

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A modern dual-residence duplex offering excellent rental income and investment flexibility in the heart of Gunnedah, NSW.

🏡 Property Highlights

  • Dual self-contained residences on one allotment for versatile living and investment options
  • Strong rental income with a combined weekly return of $970 and immediate leasing in place
  • Contemporary single-level design with separate kitchens, living areas, and private alfresco spaces
  • Prime regional NSW location in Gunnedah, supporting agricultural and resource sectors
  • Affordable investment opportunity comparable to a standard family home with high rental yield
  • Secure single garages for both residences enhancing safety and convenience

✨ Key Features

  • Garage
  • Outdoor Area
  • Built-in Robes
  • Ensuite
  • Open-Plan Living
  • Security Screens / Gates
  • Fly Screens
  • Fully fenced
  • Pet-Friendly
  • Water tank

Gunnedah is a vibrant regional centre renowned for its strong agricultural and resource industries. It offers affordable housing options, a supportive community, and excellent amenities. The area provides a stable rental market with consistent demand for quality investment properties. Its strategic location ensures long-term growth potential, making it ideal for investors seeking income diversification. Gunnedah combines rural charm with modern conveniences, creating an attractive lifestyle and investment environment.

What are the current rental incomes for each residence?
Unit 1 is leased at $540 per week until 10 December 2026, and Unit 2 is leased at $430 per week until 14 May 2027.
Are the residences suitable for long-term tenants?
Yes, both residences are currently leased with long-term tenants, providing immediate rental income and stability.
What are the ongoing property expenses I should consider?
While specific expenses are not detailed, typical costs include property management, maintenance, council rates, and insurance. Buyers should conduct their own financial analysis.
Is there potential for future development or expansion?
The property is a duplex on an approximately 801.7m² allotment, with no current indication of development restrictions. Buyers should verify with local council.
What is the condition of the property and its recent upgrades?
The property is described as contemporary and well-maintained, with modern features suitable for rental and investment purposes.
Are there any zoning restrictions or easements affecting the property? Has the property been inspected for structural issues or pests? Are there any upcoming council or community developments in the area? What are the strata or body corporate fees, if applicable? Is there any history of flooding or bushfire risk in the area? Are there any planned renovations or repairs needed in the near future? What are the total property taxes and levies applicable? Are there any restrictions on future modifications or extensions? Is the property compliant with all local building codes and regulations? Are there any noise or nuisance issues from neighboring properties?

1&2/26 Forrest Way, Gunnedah, NSW 2380 - More Details

New to Market

Why purchase one conventional home when a similar investment could provide two residences and two rental incomes?
With a price comparable to what buyers may pay for a standard four-bedroom home in many regional NSW markets—1 & 2/26 Forrest Way offers five bedrooms across two self-contained residences and a combined rental return of $970 per week.

As the property market becomes more favourable for buyers, this is an opportunity to secure a genuine dual-income investment at an attractive entry price, with both residences already leased.

The contemporary single-level property comprises a three-bedroom main residence and a separate two-bedroom dwelling. Each home has its own kitchen, living area, bathroom, laundry, private alfresco space and secure single garage. The main residence features three bedrooms, including a main bedroom with ensuite, while the second residence provides two well-proportioned bedrooms and a practical, low-maintenance design.

Investment highlights:
Two self-contained residences on one approximately 801.7m² allotment
Five bedrooms in total across a 3+2 configuration
Two kitchens, two living areas and separate amenities
Two secure single garages
Unit 1 returning $540 per week, leased until 10 December 2026
Unit 2 returning $430 per week, leased until 14 May 2027
Combined rental income of $970 per week
Approximately $50,440 in gross annual rental income
Estimated gross rental yield of approximately 5.67%–6.00%

For approximately the price of one standard family home in many regional NSW locations, investors can secure two rental incomes, five bedrooms and greater income diversification. If one residence becomes vacant in the future, the second may continue producing income—an advantage not generally available with a conventional single dwelling.

Gunnedah is an established regional centre supporting the surrounding agricultural, resources and professional-services sectors. The property offers an attractive combination of affordability, immediate rental income and long-term investment potential.
Whether you are purchasing your first investment or adding another income-producing asset to your portfolio, this dual occupancy deserves serious consideration.

Contact Vicky Lozano to arrange an inspection or request further information.

Rental returns and gross yield calculations are approximate, exclude property expenses and should not be relied upon as financial advice. Buyers should complete their own enquiries and obtain independent financial and legal advice.

Disclaimer: Every care has been taken to ensure the accuracy of the information contained in this advertisement; however, neither the vendor nor the agent provides any warranty or representation as to its accuracy or completeness. All interested parties should rely on their own enquiries, inspections and independent professional advice before making any purchasing decision. Areas, land sizes, dimensions, measurements, distances and all other numerical information are approximate only. Photographs, floor plans, artist’s impressions and other images are indicative only and may include digitally enhanced, edited or virtually staged elements for marketing purposes. Any furniture, décor, landscaping or styling shown in virtually staged images is for illustrative purposes only and is not included in the sale unless expressly stated. The property should be inspected to determine its current condition, inclusions and suitability. Neither the agent nor the vendor accepts any liability for any loss, damage or expense arising from reliance on the information contained in this advertisement.
Type
Duplex Semi-detached
Bedrooms
5
Bathrooms
3
Parkings
2
Area
719.67 m²
House Size
220.16 m²

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