28/17 Payne StreetMangerton NSW 2500
Property Details for 28/17 Payne St, Mangerton
28/17 Payne St, Mangerton is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1976. The property has a land size of 4145m2 and floor size of 64m2. While the property is not currently for sale or for rent, it was last sold in January 2023.
Last Listing description (January 2023)
Peacefully nestled within a private and low density brick building, this east-facing apartment creates a fabulous first home or investment opportunity within an area of continuous demand. Its stylishly presented interiors are free-flowing and is carefully designed to offer a practical and low-maintenance lifestyle.
Boasting the corner position of this tightly held apartment block with an east facing balcony with tranquil leafy views, the first floor apartment offers the enviable mix of lifestyle and convenience. This is the ideal opportunity for investors, professionals and downsizers alike, providing move in ready conditions with the interiors having been refreshed throughout.
The home consists of two well proportioned bedrooms, a single bathrooom, separate kitchen, separate laundry, a lovely east facing balcony and a highly sought after remote control lock up garage.
Body corporate approx $881 per quarter. Wollongong Council $273 per quarter.
This property is ideally suited to the first home buyer or the astute investor with a potential weekly rent of $420 per week should see a rental yield of approximately 4.8%. (Subject to market conditions).
From all of us at Peter Fitzgerald Real Estate, we wish you every success in your search for your home. If you would like more details on this home or to discuss one of the many other properties we have available please call or email us today.
Property History for 28/17 Payne St, Mangerton, NSW 2500
- 20 Jan 2023Sold for $435,000
- 21 Oct 2022Listed for Sale $449,000
- 09 Dec 2016Sold for $365,000
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About Mangerton 2500
The size of Mangerton is approximately 1 square kilometres. It has 8 parks covering nearly 8.5% of total area. The population of Mangerton in 2011 was 2,820 people. By 2016 the population was 2,853 showing a population growth of 1.2% in the area during that time. The predominant age group in Mangerton is 40-49 years. Households in Mangerton are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mangerton work in a professional occupation. In 2011, 66.3% of the homes in Mangerton were owner-occupied compared with 67% in 2016.
Mangerton has 1,278 properties. Over the last 5 years, Houses in Mangerton have seen a 61.24% increase in median value, while Units have seen a 40.50% increase. As at 31 October 2024:
- The median value for Houses in Mangerton is $1,085,697 while the median value for Units is $622,322.
- Houses have a median rent of $750 while Units have a median rent of $500.
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