FOR SALE
Private Sale $250,000

5/182 Mt Alexander Road
Travancore VIC 3032

Bedrooms: 1
Bathrooms: 1
Car spaces: 2
Floor area: 30m2
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Convenient living

This immaculate 1 bedroom apartment in a boutique block of 8 features stone bench tops, gas stove, reverse cycle air-conditioner, loads of natural light, undercover car spaces on title (2 x tandem), private laundry & security entrance.
With the CBD only 3 kms away via Flemington Rd tram, close to the major hospital precinct, plus Melbourne University, RMIT and Queen Victoria Market.
This location is perfect!
Currently leased until 24th October 2024 returning $1,304 pcm, with the ability to increase to $1629 pcm at end of lease (current rental yield approx. 6%)
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Property Details for 5/182 Mt Alexander Rd, Travancore

5/182 Mt Alexander Rd, Travancore is a 1 bedroom, 1 bathroom Apartment with 2 parking spaces. The property has a floor size of 30m2. The place is currently for sale with Ray White Ascot Vale.

Building Type
Apartment
Floor Size
30m2

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About Travancore 3032

The size of Travancore is approximately 0.4 square kilometres. It has 6 parks covering nearly 17.2% of total area. The population of Travancore in 2011 was 1,700 people. By 2016 the population was 2,502 showing a population growth of 47.2% in the area during that time. The predominant age group in Travancore is 20-29 years. Households in Travancore are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Travancore work in a professional occupation. In 2011, 41.2% of the homes in Travancore were owner-occupied compared with 33.4% in 2016.

Travancore has 1,627 properties. Over the last 5 years, Houses in Travancore have seen a 12.94% increase in median value, while Units have seen a 19.11% increase. As at 31 July 2024:

  • The median value for Houses in Travancore is $1,570,295 while the median value for Units is $417,574.
  • Houses have a median rent of $685 while Units have a median rent of $500.
There are currently 11 properties listed for sale, and 11 properties listed for rent in Travancore on OnTheHouse. According to CoreLogic's data, 107 properties were sold in the past 12 months in Travancore.

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Adam Hicks
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Emma Hicks
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Ray White Ascot Vale
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