115 Rice St, Park Avenue is a 0 bedroom, 0 bathroom Unit with 1 parking spaces and was built in 1985. The property has a land size of 597m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in September 2023. There are other 0 bedroom Unit sold in Park Avenue in the last 12 months.
What's better than one small brick home in a central Park Avenue location? TWO for the Price of One! This hidden Gem is the perfect design encompassing a corner allotment with one unit facing Menzies street, and one unit facing Rice Street.
Each Unit Boasts:
- 2 Spacious Bedrooms (master with A/C)
Rent appraisal per unit $330 - $340 per week ($660 - $680 collectively)
Location:
Park Avenue is an excellent location in a manicured street close to Shopping. schools, public transport and all amenities. Everything is walking distance - an excellent position for an investment property.
The size of Park Avenue is approximately 4.6 square kilometres. It has 6 parks covering nearly 12% of total area. The population of Park Avenue in 2011 was 5,366 people. By 2016 the population was 5,089 showing a population decline of 5.2% in the area during that time. The predominant age group in Park Avenue is 20-29 years. Households in Park Avenue are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Park Avenue work in a trades occupation. In 2011, 60.3% of the homes in Park Avenue were owner-occupied compared with 61.8% in 2016.
Park Avenue has 2,678 properties. Over the last 5 years, Houses in Park Avenue have seen a 93.83% increase in median value, while Units have seen a 57.54% increase. As at 31 July 2024:
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