Property Details for 5/41 Cypress Dr, Mulwala
5/41 Cypress Dr, Mulwala is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in August 2023.
Last Listing description (November 2023)
Set in the popular holiday pocket of Cypress Drive providing convenient access to both Yarrawonga / Mulwala's shopping strips and the three licensed clubs you will discover this outstanding refurbished ground floor north facing apartment with spectacular waterfront views of Lake Mulwala.
The investor, retiree will appreciate the options available with the ability to rent out the studio apartment separately.
As a whole the property comprises of two oversized bedrooms, two bathrooms, open plan living / meals / kitchen area with an additional kitchenette. Offered fully furnished this apartment is a perfect option for someone who is looking for a waterfront lifestyle to enjoy with the ability to source an income in the lucrative holiday rental market.
Fund your retirement starting with this purchase.
Property History for 5/41 Cypress Dr, Mulwala, NSW 2647
- 14 Sep 2023Sold for $620,000
- 19 Jul 2023Listed for Sale $620,000
- 11 May 2015Sold for $365,000
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0About Mulwala 2647
The size of Mulwala is approximately 356.7 square kilometres. It has 15 parks covering nearly 4.3% of total area. The population of Mulwala in 2011 was 1,903 people. By 2016 the population was 2,173 showing a population growth of 14.2% in the area during that time. The predominant age group in Mulwala is 60-69 years. Households in Mulwala are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Mulwala work in a trades occupation. In 2011, 72.2% of the homes in Mulwala were owner-occupied compared with 72.6% in 2016.
Mulwala has 2,544 properties. Over the last 5 years, Houses in Mulwala have seen a 79.99% increase in median value, while Units have seen a 88.99% increase. As at 31 July 2024:
- The median value for Houses in Mulwala is $640,900 while the median value for Units is $484,416.
- Houses have a median rent of $450 while Units have a median rent of $360.
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