42 Fernleigh Rd, Mount Austin is a 0 bedroom, 0 bathroom House with 1 parking spaces and was built in 1940. The property has a land size of 750m2 and floor size of 112m2. While the property is not currently for sale or for rent, it was last sold in October 2022.
A great development opportunity in upwards trending location with an existing dwelling and Council approved two bedroom unit.
- existing dwelling plus DA approved ready to build two bedroom one bathroom unit with single car garage
- currently leased is a four bedroom one bathroom home with tandem carport and large undercover entertaining area
Dual income investments are very popular and highly sought. With low supply of residential land and unit sites this opportunity shouldn't be missed.
All of the information contained in this document is from sources the Agent and Vendor believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
Gross rental return based on current listing price and rent per week, subject to change.
The size of Mount Austin is approximately 2.6 square kilometres. It has 9 parks covering nearly 30.3% of total area. The population of Mount Austin in 2011 was 3,999 people. By 2016 the population was 3,968 showing a population decline of 0.8% in the area during that time. The predominant age group in Mount Austin is 0-9 years. Households in Mount Austin are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Mount Austin work in a trades occupation. In 2011, 55.9% of the homes in Mount Austin were owner-occupied compared with 52% in 2016.
Mount Austin has 1,869 properties. Over the last 5 years, Houses in Mount Austin have seen a 77.69% increase in median value, while Units have seen a 59.00% increase. As at 31 October 2024:
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