FOR SALE
$425,000

5/16 Gummow Street
Swan Hill VIC 3585

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 280m2
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Position is Absolutely Everything

Central Unit Living at its Best
Living in the inner city area comes with many advantages – proximity to shopping, work, medical facilities, schools and recreation are only some of them. But what about the opportunity to sell the car, improving your fitness by walking short distances frequently and the time savings to spend on your favourite activities, the list goes on.
These are but some of the numerous advantages in living where the action is, but there are a few issues that can take the gloss off this lifestyle - like higher traffic noise, a lack of parking and a very denser population with narrow streets. But none of those disadvantages exist at 16 Gummow Street, particularly with unit five, tucked away discretely at the rear of the seven-unit complex.
This high-quality two bedroom unit is open plan by design, with a very private low maintenance rear garden area and a great northern exposure. The build quality is outstanding having been built by Malcolm Heil, one of the region’s best regarded builders – how many more boxes can this property tick?
Whether you are an owner-occupier or a canny investor, this premium property will serve you well, and then some. Being only 200 metres from Swan Hill’s largest employer, you will have no shortage of high-earner tenancy prospects and we know the investment sums will be very sweet here.
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Property Details for 5/16 Gummow St, Swan Hill

5/16 Gummow St, Swan Hill is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 280m2. The place is currently for sale with LJ Hooker Swan Hill.

Building Type
Unit
Land Size
280m2

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About Swan Hill 3585

The size of Swan Hill is approximately 126.6 square kilometres. It has 37 parks covering nearly 1.8% of total area. The population of Swan Hill in 2011 was 10,430 people. By 2016 the population was 10,925 showing a population growth of 4.7% in the area during that time. The predominant age group in Swan Hill is 0-9 years. Households in Swan Hill are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Swan Hill work in a professional occupation. In 2011, 62.6% of the homes in Swan Hill were owner-occupied compared with 62.4% in 2016.

Swan Hill has 6,562 properties. Over the last 5 years, Houses in Swan Hill have seen a 86.01% increase in median value, while Units have seen a 51.42% increase. As at 31 October 2024:

  • The median value for Houses in Swan Hill is $456,935 while the median value for Units is $349,492.
  • Houses have a median rent of $420 while Units have a median rent of $340.
There are currently 53 properties listed for sale, and 14 properties listed for rent in Swan hill on OnTheHouse. According to CoreLogic's data, 253 properties were sold in the past 12 months in Swan hill.

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John Monahan
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LJ Hooker Swan Hill
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