OFF MARKET

36 Downey Street
Alexandra VIC 3714

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 190m2
Land area: 842m2
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Last updated 11 Nov 2024
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Property Details for 36 Downey St, Alexandra

36 Downey St, Alexandra is a 2 bedroom, 1 bathroom Unit and was built in 1940. The property has a land size of 842m2 and floor size of 190m2. While the property is not currently for sale or for rent, it was last sold in May 2022.

Building Type
Unit
Year Built
1940
Floor Size
190m2
Land Size
842m2
Local Government
Murrindindi
Lot/Plan
1/TP131702

Last Listing description (June 2022)

****** New Price *******
Investors take note
Situated close to the main street of Alexandra is a unique opportunity to purchase a four-bedroom property divided into 2 self-contained units. Each unit features polished floorboards throughout, high ceilings, a timber and laminate kitchen with gas and electric cooking the bathroom has a bath shower and vanity, lounge/dining with a split system, large laundry, and timber venetian blinds throughout. Each unit also has a backyard with sheds and off-street parking. The total return on both units is $420 P/W with the option for an increase. Total land size 854 sqm approx. If you are looking for an investment in a good location, or a live-in home with a self-contained unit to let out this is the great opportunity you have been waiting for.

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Property History for 36 Downey St, Alexandra, VIC 3714

A timeline of how this property has performed in the market
Last Sold
$430,000
02 May 2022
Listed for Rent
$350/w
18 Apr 2024
  • 02 May 2022
    Sold for $430,000
  • 08 Mar 2022
    Listed for Sale $460,000
  • 31 Mar 2020
    Listed for Rent - Price not available
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About Alexandra 3714

The size of Alexandra is approximately 79.4 square kilometres. It has 9 parks covering nearly 1.1% of total area. The population of Alexandra in 2011 was 2,655 people. By 2016 the population was 2,663 showing a population growth of 0.3% in the area during that time. The predominant age group in Alexandra is 60-69 years. Households in Alexandra are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Alexandra work in a trades occupation. In 2011, 74.1% of the homes in Alexandra were owner-occupied compared with 72.8% in 2016.

Alexandra has 1,840 properties. Over the last 5 years, Houses in Alexandra have seen a 64.40% increase in median value, while Units have seen a 40.52% increase. As at 31 October 2024:

  • The median value for Houses in Alexandra is $531,132 while the median value for Units is $393,231.
  • Houses have a median rent of $430 while Units have a median rent of $250.
There are currently 18 properties listed for sale, and 1 property listed for rent in Alexandra on OnTheHouse. According to CoreLogic's data, 52 properties were sold in the past 12 months in Alexandra.

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