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.
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 2,665 properties. Over the last 5 years, Houses in Park Avenue have seen a 104.70% increase in median value, while Units have seen a 62.65% increase. As at 31 October 2024:
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