FOR SALE
$765,000 (Returning $63,752pa)

47 Oakwood Crescent
Waurn Ponds VIC 3216

Bedrooms: 6
Bathrooms: 2
Car spaces: 2
Land area: 605m2
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Fully Furnished Registered Student Accommodation - Income $63,752

Offering an immediate source of income, it does not get any better than this! Registered student accommodation currently returning $63,752 per annum with leases in place until February 2025. Close proximity to Deakin University and Epworth Hospital and walking distance to the Waurn Ponds Train Station.
Comprising of 6 fully furnished bedrooms with 2 bathrooms, modern light filled spacious living area, and fully equipped kitchen which overlooks the rear yard. Evaporative cooling and central heating provide comfort all year round. Also features a large alfresco area and a double lock up garage with remote.
Just minutes to Waurn Ponds Shopping Centre and with easy access to major bus routes and the Geelong Ring Road, this property caters to all lifestyle & amenity needs.
Further details regarding inclusions and expenses are available upon request.
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Property Details for 47 Oakwood Cres, Waurn Ponds

47 Oakwood Cres, Waurn Ponds is a 6 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 605m2. The place is currently for sale with Ray White Highton.

Building Type
House
Land Size
605m2

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About Waurn Ponds 3216

The size of Waurn Ponds is approximately 23.2 square kilometres. It has 10 parks covering nearly 1.2% of total area. The population of Waurn Ponds in 2011 was 3,996 people. By 2016 the population was 5,036 showing a population growth of 26.0% in the area during that time. The predominant age group in Waurn Ponds is 20-29 years. Households in Waurn Ponds are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Waurn Ponds work in a professional occupation. In 2011, 82.1% of the homes in Waurn Ponds were owner-occupied compared with 75.8% in 2016.

Waurn Ponds has 1,764 properties. Over the last 5 years, Houses in Waurn Ponds have seen a 31.48% increase in median value, while Units have seen a 24.95% increase. As at 31 October 2024:

  • The median value for Houses in Waurn Ponds is $803,337 while the median value for Units is $546,791.
  • Houses have a median rent of $500 while Units have a median rent of $440.
There are currently 4 properties listed for sale, and 3 properties listed for rent in Waurn ponds on OnTheHouse. According to CoreLogic's data, 63 properties were sold in the past 12 months in Waurn ponds.

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Adam Natonewski
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Ray White Highton
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