16/20 Payne StreetCaulfield North VIC 3161
Property Details for 16/20 Payne St, Caulfield North
16/20 Payne St, Caulfield North is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 1321m2 and floor size of 34m2. While the property is not currently for sale or for rent, it was last sold in June 2004.
Last Listing description (November 2024)
Nestled at the end of a peaceful cul-de-sac, this elevated one-bedroom apartment is situated on the first floor and embraces leafy outlooks. Positioned at the corner of the block, the apartment features polished floorboards, enhancing its warm and inviting atmosphere. The living and dining area flows seamlessly into a functional kitchen. The well-proportioned bedroom is equipped with built-in robes and is serviced by an updated ensuite bathroom. Additional features include carport parking.
Currently rented for $390 per week, offering a phenomenal return of 7.5%. Enjoy the convenience of being moments from Caulfield Racecourse, Caulfield Park, public transport options, and Caulfield Station. Monash University and local cafes at Caulfield Plaza and Glen Huntly Road are also within walking distance.
Property History for 16/20 Payne St, Caulfield North, VIC 3161
- 22 Oct 2024Listed for Sale $259,500
- 27 Feb 2019Listed for Rent $275 / week
- 16 Mar 2018Listed for Rent - Price not available
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About Caulfield North 3161
The size of Caulfield North is approximately 4.2 square kilometres. It has 4 parks covering nearly 6.9% of total area. The population of Caulfield North in 2011 was 14,553 people. By 2016 the population was 15,262 showing a population growth of 4.9% in the area during that time. The predominant age group in Caulfield North is 20-29 years. Households in Caulfield North are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Caulfield North work in a professional occupation. In 2011, 61.8% of the homes in Caulfield North were owner-occupied compared with 58.8% in 2016.
Caulfield North has 10,447 properties. Over the last 5 years, Houses in Caulfield North have seen a 8.68% increase in median value, while Units have seen a 0.39% increase. As at 31 October 2024:
- The median value for Houses in Caulfield North is $2,364,303 while the median value for Units is $681,407.
- Houses have a median rent of $828 while Units have a median rent of $580.
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