FOR SALE
$330,000

1/1 Vangelica Way
South Morang VIC 3752

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Modern, Affordable and Centrally Located

Right in the heart of The Lakes Estate with all major amenities practically at your doorstep;
Coles, Little learners childcare, Mill Park Lakes College, The Lakes Blvd Medical within walking distance and Westfield Plenty Valley, South Morang and Middle Gorge Train Stations all just minutes away. This unit is sure to impress.
Offering; a light filled open plan living and dining, modern kitchen with Stainless steel appliances, caesar stone island benchtop and an ample cupboard space all overlooking a low maintenance courtyard. The bedroom is decent in size and has a built-in wardrobe.
Other features include; a remote entry single garage, European style laundry, split system and video intercom.
Owners corp fees; $679.76 per quarter (approx)
Council rates; $272.25 Per Quarter (approx)
Currently leased until 22/08/25 returning $1,586 pcm / $365 per week (approx)
Sale terms 10% deposit - balance 30 days.
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Property Details for 1/1 Vangelica Way, South Morang

1/1 Vangelica Way, South Morang is a 1 bedroom, 1 bathroom Unit with 1 parking spaces. The place is currently for sale with Ray White South Morang.

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Unit

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About South Morang 3752

The size of South Morang is approximately 21 square kilometres. It has 70 parks covering nearly 37.1% of total area. The population of South Morang in 2011 was 20,873 people. By 2016 the population was 24,043 showing a population growth of 15.2% in the area during that time. The predominant age group in South Morang is 30-39 years. Households in South Morang are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in South Morang work in a professional occupation. In 2011, 79.3% of the homes in South Morang were owner-occupied compared with 76.9% in 2016.

South Morang has 10,973 properties. Over the last 5 years, Houses in South Morang have seen a 30.60% increase in median value, while Units have seen a 36.08% increase. As at 31 July 2024:

  • The median value for Houses in South Morang is $818,511 while the median value for Units is $536,950.
  • Houses have a median rent of $550 while Units have a median rent of $488.
There are currently 48 properties listed for sale, and 15 properties listed for rent in South morang on OnTheHouse. According to CoreLogic's data, 425 properties were sold in the past 12 months in South morang.

Suburb Insights for South Morang 3752

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Nick Petrovski
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Ray White South Morang
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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.