7/57 Pakenham St, Longford is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 91m2 and floor size of 49m2. While the property is not currently for sale or for rent, it was last sold in June 2019.
This compact one bedroom unit, within walking distance of a shop and handy to the main business centre of Longford, is an excellent proposition for an investor. Current rental estimate is $145 - $150 per week. Always easy to find a tenant and being low maintenance it's a perfect proposition to add to an existing property portfolio or an opportunity to buy a first real estate investment.
The relatively new kitchen and upgrade could also appeal to a single retiree or provide a commuter pad for the frequent visitor to the state - it's only about 10 to 15 minutes from the airport and under 20 minutes to Launceston.
Features
The size of Longford is approximately 177.1 square kilometres. It has 16 parks covering nearly 2.8% of total area. The population of Longford in 2011 was 3,755 people. By 2016 the population was 3,862 showing a population growth of 2.8% in the area during that time. The predominant age group in Longford is 60-69 years. Households in Longford are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Longford work in a trades occupation. In 2011, 72.7% of the homes in Longford were owner-occupied compared with 68.2% in 2016.
Longford has 2,318 properties. Over the last 5 years, Houses in Longford have seen a 58.87% increase in median value, while Units have seen a 69.62% increase. As at 31 October 2024:
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