38/2 Park Rd, Wallacia is a 2 bedroom, 1 bathroom Unit and was built in 1986. The property has a land size of 7485m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in March 2019.
Contact Litsa to arrange to view: 0466 969 164
For the investors this is an opportunity for excellent rental return of 5% rental yield approx.
For the downsizers there are no stairs, offering a comfortable and well landscaped setting. You will enjoy the convenience of local shops, 100 m to bus stop, excellent facilities which include a library, community room with kitchen and outdoor communal entertainment area.
The size of Wallacia is approximately 25.5 square kilometres. It has 8 parks covering nearly 3% of total area. The population of Wallacia in 2011 was 1,700 people. By 2016 the population was 1,611 showing a population decline of 5.2% in the area during that time. The predominant age group in Wallacia is 10-19 years. Households in Wallacia are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Wallacia work in a clerical occupation. In 2011, 79.7% of the homes in Wallacia were owner-occupied compared with 76.1% in 2016.
Wallacia has 667 properties. Over the last 5 years, Houses in Wallacia have seen a 32.22% increase in median value, while Units have seen a 34.05% increase. As at 31 October 2024:
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