20/429 Mcdonald Rd, Lavington is a 2 bedroom, 1 bathroom Unit and was built in 1976. The property has a land size of 4047m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in December 2022.
Are you searching for that next portolio addition, or perhaps an entry level investment - then take a look at this set and forget opportunity.
This unit is situated on the second floor with a fixed term tenancy returning $230 per week, in lease until 23rd Feb 2023. (Estimated rental return for this type of property is in a range of $250-$260).
The unit comprises of 2 bedrooms, built-in-robes, spacious open plan living with built-in shelving, adjoining kitchen, electric cooking and heating, separate dining area that flows to the outside balcony, separate refurbished bathroom and separate laundry with a quaint additional balcony adjacent to laundry.
The size of Lavington is approximately 14.8 square kilometres. It has 11 parks covering nearly 3.2% of total area. The population of Lavington in 2011 was 12,031 people. By 2016 the population was 12,493 showing a population growth of 3.8% in the area during that time. The predominant age group in Lavington is 20-29 years. Households in Lavington are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Lavington work in a trades occupation. In 2011, 60.8% of the homes in Lavington were owner-occupied compared with 58.1% in 2016.
Lavington has 7,856 properties. Over the last 5 years, Houses in Lavington have seen a 79.96% increase in median value, while Units have seen a 79.30% increase. As at 31 October 2024:
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