5/28 East St, Lutwyche is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 80m2 and floor size of 56m2. While the property is not currently for sale or for rent, it was last sold in March 2022.
Situated in the tightly held block of only 6 low maintenance units sits this well maintained and low maintenance opportunity. Located in a quiet cul-de-sak in one of the most established parts of Lutwyche. Only a moments' walk from all the local amenities, this solidly built, full brick building is an ideal opportunity into the sought-after Lutwyche property market. With features that include;
- Open plan living and dining flowing out to the balcony
- Tiled floors throughout lounge and dining area
Positioned only a short walk to Lutwyche City Shopping Centre, great parkland districts and minutes to local cafes, restaurants & amazing amenities that Lutwyche is renowned for. Whilst being so close to local transport services that provide an easy 5km commute to the CBD. Whether you are an investor or live in owner you could not go wrong with this opportunity.
The size of Lutwyche is approximately 0.9 square kilometres. It has 9 parks covering nearly 11.8% of total area. The population of Lutwyche in 2011 was 2,801 people. By 2016 the population was 3,463 showing a population growth of 23.6% in the area during that time. The predominant age group in Lutwyche is 20-29 years. Households in Lutwyche are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lutwyche work in a professional occupation. In 2011, 39.1% of the homes in Lutwyche were owner-occupied compared with 34.2% in 2016.
Lutwyche has 2,996 properties. Over the last 5 years, Houses in Lutwyche have seen a 52.54% increase in median value, while Units have seen a 79.68% increase. As at 30 November 2024:
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