2/16 Margaret St, Russell Lea is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1969. The property has a land size of 958m2 and floor size of 84m2. While the property is not currently for sale or for rent, it was last sold in June 1995.
Situated in a small well maintained security building and a tranquil location opposite Campbell Park with sneaky water glimpses. Only a short stroll to the waters edge, local shops and city bus transport is this updated/renovated and spacious 2 bedroom unit.
- Large combined lounge/dining area flowing onto sunny balcony overlooking the park
- Updated kitchen with plenty of cupboard space
The size of Russell Lea is approximately 1 square kilometres. It has 6 parks covering nearly 1% of total area. The population of Russell Lea in 2011 was 4,779 people. By 2016 the population was 4,983 showing a population growth of 4.3% in the area during that time. The predominant age group in Russell Lea is 40-49 years. Households in Russell Lea are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Russell Lea work in a professional occupation. In 2011, 72.3% of the homes in Russell Lea were owner-occupied compared with 72.2% in 2016.
Russell Lea has 2,168 properties. Over the last 5 years, Houses in Russell Lea have seen a 86.54% increase in median value, while Units have seen a 27.53% increase. As at 31 July 2024:
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