5/405 Griffith RoadLavington NSW 2641
Property Details for 5/405 Griffith Rd, Lavington
5/405 Griffith Rd, Lavington is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1984. The property has a land size of 1074m2 and floor size of 112m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 2 bedroom Unit sold in Lavington in the last 12 months.
Last Listing description (January 2024)
SOLD - SETTLES 19 JANUARY....... This 2BR unit has had the same tenant since it was renovated in 2020. Both bedrooms have built-in robes, and the master has ensuite-style access to the bathroom, and a glass sliding door to the backyard. The L-shaped living area adjoins the kitchen which has plenty of cupboard space, and an electric oven. A reverse-cycle split system provides heating & cooling. The backyard is private and provides a great space for pot plants and an outdoor setting. Nearby are a child-care centre, Aldi supermarket, and bus stops. Lavington Square Shopping Centre is 500m further South on Griffith Rd. With a good tenant already in place this unit is ideal for an investor, and provides a 5% gross return if bought at $267,500. Alternatively, an owner-occupier could benefit from its convenient location. IT'S SOLD
Property History for 5/405 Griffith Rd, Lavington, NSW 2641
- 01 Dec 2023Sold for $262,500
- 15 Nov 2023Listed for Sale Not Disclosed
- 17 Apr 2020Listed for Rent $220 / week
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0About Lavington 2641
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 7,823 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:
- The median value for Houses in Lavington is $442,184 while the median value for Units is $323,686.
- Houses have a median rent of $460 while Units have a median rent of $340.
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