3/17 Magdala St, Ascot is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2002. The property has a land size of 114m2 and floor size of 71m2. While the property is not currently for sale or for rent, it was last sold in May 2019.
The highest sale in Magdala Street last year was $1,950,000 - a truly amazing property - now I mention this because thats the type of caliber of property you will find in this beautiful street.
As you read this there is an opportunity at hand to purchase a property in Magdala Street, an opportunity that will certainly not last long! Apartment 3 at 17 Magdala Street is now available for sale, after the better part of 16 years being tightly held by a astute investor.
Already tenanted with a lease in place until the 28th June 2019 - this property produces $17,680 worth of income per annum, which results in $340/week rent.
The size of Ascot is approximately 2.8 square kilometres. It has 7 parks covering nearly 34.1% of total area. The population of Ascot in 2011 was 5,730 people. By 2016 the population was 5,760 showing a population growth of 0.5% in the area during that time. The predominant age group in Ascot is 40-49 years. Households in Ascot are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Ascot work in a professional occupation. In 2011, 54.7% of the homes in Ascot were owner-occupied compared with 54.7% in 2016.
Ascot has 3,545 properties. Over the last 5 years, Houses in Ascot have seen a 66.22% increase in median value, while Units have seen a 57.26% increase. As at 31 August 2024:
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