15 Eddington Cres, Invermay is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1925. The property has a land size of 971m2 and floor size of 186m2. While the property is not currently for sale or for rent, it was last sold in April 2018.
Looking for a multi tenancy investment opportunity? With a combined rental return near 7% with a solid rental history, this circa 1925 home has been divided into three separate units and is situated in popular Invermay.
Located within walking distance to two primary schools and half way between the current two campuses of the University and yet only a few minutes' drive to the CBD.
The size of Invermay is approximately 4.1 square kilometres. It has 9 parks covering nearly 21.5% of total area. The population of Invermay in 2011 was 3,086 people. By 2016 the population was 3,049 showing a population decline of 1.2% in the area during that time. The predominant age group in Invermay is 20-29 years. Households in Invermay are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Invermay work in a professional occupation. In 2011, 48.4% of the homes in Invermay were owner-occupied compared with 44% in 2016.
Invermay has 2,051 properties. Over the last 5 years, Houses in Invermay have seen a 58.03% increase in median value, while Units have seen a 46.49% increase. As at 31 October 2024:
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