5/50 Arthur St, Gracemere is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2012. The property has a land size of 108m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last transferred in May 2015.
Set back from the road this property offers you some extra peace and quiet. The low maintenance unit has a clean and fresh feel when you walk through the front door. The stylish kitchen is situated next to the open plan, air-conditioned living area which will give you plenty of room to cook whilst being able to entertain and host at the same time.
Leading outside you will find the private patio area to enjoy the peace and quiet. The unit also offers two generous sized bedrooms, both with built-ins and air-conditioning serviced by a good size bathroom and second toilet. This near new property would be ideal for those looking for an investment or as a first home.
The property requires a 10% deposit and has a 30 day settlement.
The size of Gracemere is approximately 70 square kilometres. It has 13 parks covering nearly 1.3% of total area. The population of Gracemere in 2011 was 8,400 people. By 2016 the population was 11,317 showing a population growth of 34.7% in the area during that time. The predominant age group in Gracemere is 0-9 years. Households in Gracemere are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Gracemere work in a trades occupation. In 2011, 63.8% of the homes in Gracemere were owner-occupied compared with 53.1% in 2016.
Gracemere has 5,056 properties. Over the last 5 years, Houses in Gracemere have seen a 90.02% increase in median value, while Units have seen a 17.64% increase. As at 31 July 2024:
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