Under instructions from Australian Executor Trustees
Solid construction character home in original condition with cellar in light industrial zone so close to the CBD. Fantastic opportunity to invest in highly sought after prime location. Renovate and extend to create new kitchen, bathroom and laundry or redevelop (S.T.C.C.) - the choice is yours! Situated on land 633m2 with frontage of 15.24m approximately, opportunity knocks! Be sure to inspect as this one provides the chance to make an astute investment in a tightly held near city location.
The size of Stepney is approximately 0.5 square kilometres. It has 2 parks covering nearly 4.1% of total area. The population of Stepney in 2011 was 855 people. By 2016 the population was 859 showing a population growth of 0.5% in the area during that time. The predominant age group in Stepney is 20-29 years. Households in Stepney are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Stepney work in a professional occupation. In 2011, 64.3% of the homes in Stepney were owner-occupied compared with 59.5% in 2016.
Stepney has 778 properties. Over the last 5 years, Houses in Stepney have seen a 73.33% increase in median value, while Units have seen a 106.98% increase. As at 31 October 2024:
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