FOR SALE
$240,000 - $260,000

3/8-10 Mitchell Street
Heathcote VIC 3523

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 122m2
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Freshly Updated Unit - Great Return!

Discover this newly renovated 2-bedroom, 1-bath unit, ideally positioned in the heart of Heathcote.
Recently updated with fresh paint, new carpets, and a stylishly upgraded kitchen and bathroom, this property promises comfort and modern living. The open-plan layout flows seamlessly, complemented by gas cooking, gas hot water, a split system for heating and cooling, and a convenient laundry area.
Currently leased at $320/week with a 6-month lease in place, this unit offers a solid rental return, perfect for investors. Priced between $240k-$260k, this is an opportunity you don't want to miss! Enjoy the convenience of nearby local shops, the Town Centre, primary school, IGA, scenic reserves, and easy access to public transport.
Whether you're looking to expand your portfolio or secure your first investment, this property ticks all the boxes!
Contact us today for more information!
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Property Details for 3/8-10 Mitchell St, Heathcote

3/8-10 Mitchell St, Heathcote is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 122m2. The place is currently for sale with Ray White Bendigo.

Building Type
House
Land Size
122m2

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About Heathcote 3523

The size of Heathcote is approximately 130.9 square kilometres. It has 9 parks covering nearly 25.2% of total area. The population of Heathcote in 2011 was 2,775 people. By 2016 the population was 2,781 showing a population growth of 0.2% in the area during that time. The predominant age group in Heathcote is 60-69 years. Households in Heathcote are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Heathcote work in a trades occupation. In 2011, 80.4% of the homes in Heathcote were owner-occupied compared with 77.2% in 2016.

Heathcote has 2,457 properties. Over the last 5 years, Houses in Heathcote have seen a 71.45% increase in median value, while Units have seen a 95.11% increase. As at 31 October 2024:

  • The median value for Houses in Heathcote is $563,024 while the median value for Units is $398,029.
  • Houses have a median rent of $430 while Units have a median rent of $298.
There are currently 69 properties listed for sale, and 3 properties listed for rent in Heathcote on OnTheHouse. According to CoreLogic's data, 70 properties were sold in the past 12 months in Heathcote.

Suburb Insights for Heathcote 3523

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Delaney Barker
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Liam Jacques
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Ray White Bendigo
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.