FOR SALE
$385,000 to $420,000

4/3 Rusden Place
Notting Hill VIC 3168

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
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PERFECT INVESTMENT / PERFECT LOCATION / 2 BEDROOMS PLUS STUDY!

A perfect location only moments from Monash University and the new Monash Heart Hospital, Pinewood Shopping Centre, Brentwood Secondary catchment, and Clayton Station only minutes away. Easy access to the M1, and on to Melbourne CBD in approximately 25 minutes. This instantly engaging apartment with a unique and flexible floorplan offers strong appeal for first homebuyers, downsizers, professional couples and investors (ready pool of tenants at the door). Currently leased month to month for $480 per week ($24,960 p.a.) Tenants are keen to remain. Investors can expect gross rental returns in excess of 6.2% p.a. Very low Body Corporate fee's.
On the ground floor in the popular Notting Hill precinct, an impressive, modern apartment with two generous bedrooms (wall heaters), plus study (maybe 3rd bedroom), a large modern bathroom (dual access including master bedroom), European laundry, abundant storage, plus a separate second toilet. The large kitchen with stainless steel cooking appliances, stone benchtops and plenty of storage, opens to the living/dining with glass sliders to the large, garden outlook, undercover downlit alfresco balcony (also accessible from master bedroom). The apartment offers secure, undercover parking for two vehicles (on title), plus secure intercom access, basement storage room, and split system heating and cooling.
JUST SO CONVENIENT:
• 1.4km to Monash University
• 8-minute drive to Monash Medical Centre, Syndal Station, Clayton Station and Ikea
• 5-minute drive to Pinewood Primary School and Pinewood Shopping Centre
• 2.9km to Brandon Park Shopping Centre
• 10-minute drive to Chadstone Shopping Centre
• 1.7km to Notting Hill Hotel
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Property Details for 4/3 Rusden Pl, Notting Hill

4/3 Rusden Pl, Notting Hill is a 2 bedroom, 1 bathroom Apartment with 2 parking spaces. The place is currently for sale with Biggin & Scott - Glen Waverley.

Building Type
Apartment

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About Notting Hill 3168

The size of Notting Hill is approximately 1.6 square kilometres. It has 1 park covering nearly 0.3% of total area. The population of Notting Hill in 2011 was 2,161 people. By 2016 the population was 3,041 showing a population growth of 40.7% in the area during that time. The predominant age group in Notting Hill is 20-29 years. Households in Notting Hill are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Notting Hill work in a professional occupation. In 2011, 50.8% of the homes in Notting Hill were owner-occupied compared with 41% in 2016.

Notting Hill has 2,225 properties. Over the last 5 years, Houses in Notting Hill have seen a 28.64% increase in median value, while Units have seen a 7.48% increase. As at 31 July 2024:

  • The median value for Houses in Notting Hill is $1,278,105 while the median value for Units is $377,247.
  • Houses have a median rent of $550 while Units have a median rent of $500.
There are currently 14 properties listed for sale, and 9 properties listed for rent in Notting hill on OnTheHouse. According to CoreLogic's data, 68 properties were sold in the past 12 months in Notting hill.

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Jeffrey George
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Biggin & Scott - Glen Waverley
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