644-646 Princes Hwy, Russell Vale is a 4 bedroom, 2 bathroom Unit with 10 parking spaces. The property has a land size of 727m2 and floor size of 542m2. While the property is not currently for sale or for rent, it was last sold in October 2023.
Northern Suburbs investment opportunity...
Consisting of 2 x 2 bedroom units and 2 shops/commercial units.
Currently returning $1150 per week - totally $60,000 P.A. (approx)
Market value could potential be $1400 per week.
Coucil Rates per year $5655.07
Water Charges per year $2940.86
All leases are expired but all tenants are excellent and willing to stay on.
For more information contact the Fitzgerald Hines team.
The size of Russell Vale is approximately 2.1 square kilometres. It has 5 parks covering nearly 14.5% of total area. The population of Russell Vale in 2011 was 1,517 people. By 2016 the population was 1,548 showing a population growth of 2.0% in the area during that time. The predominant age group in Russell Vale is 0-9 years. Households in Russell Vale are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Russell Vale work in a professional occupation. In 2011, 79.6% of the homes in Russell Vale were owner-occupied compared with 76.5% in 2016.
Russell Vale has 678 properties. Over the last 5 years, Houses in Russell Vale have seen a 45.71% increase in median value, while Units have seen a 36.07% increase. As at 31 January 2025:
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