FOR SALE
$390,000 - $420,000

4/4 Miles Lane
Leongatha VIC 3953

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 251m2
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"WILDWOOD TERRACE"

Located only 350m from the Medical Centre & 500m from the Main street, this low maintenance package is ideal for the investor or a great location for a retiree.
The open plan kitchen area offers good storage, laminex benchtops, electric appliances, & adjoins the dining & well lit lounge with reverse-cycle heating & cooling & direct access to the private courtyard. There are two bedrooms with built in robes which are serviced by a central bathroom with shower & separate toilet.
Outside you will feel safe & secure with colourbond fences with lockable gates & a remote controlled garage door with internal access.
Currently tenanted for $330 per week, & with rental properties becoming harder & harder to find, what is a fantastic time to secure this investment!
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Property Details for 4/4 Miles Lane, Leongatha

4/4 Miles Lane, Leongatha is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 251m2. The place is currently for sale with Ray White Leongatha.

Building Type
Unit
Land Size
251m2

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About Leongatha 3953

The size of Leongatha is approximately 42.6 square kilometres. It has 23 parks covering nearly 1.9% of total area. The population of Leongatha in 2011 was 5,332 people. By 2016 the population was 5,640 showing a population growth of 5.8% in the area during that time. The predominant age group in Leongatha is 0-9 years. Households in Leongatha are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Leongatha work in a trades occupation. In 2011, 71.1% of the homes in Leongatha were owner-occupied compared with 71.3% in 2016.

Leongatha has 3,816 properties. Over the last 5 years, Houses in Leongatha have seen a 58.68% increase in median value, while Units have seen a 67.96% increase. As at 31 October 2024:

  • The median value for Houses in Leongatha is $580,746 while the median value for Units is $435,284.
  • Houses have a median rent of $435 while Units have a median rent of $330.
There are currently 94 properties listed for sale, and 15 properties listed for rent in Leongatha on OnTheHouse. According to CoreLogic's data, 125 properties were sold in the past 12 months in Leongatha.

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Kasey Bowman
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Ray White Leongatha Sales Team
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Ray White Leongatha
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