106 Waverley Rd, Chadstone is a 3 bedroom, 2 bathroom Unit with 2 parking spaces. The property has a land size of 605m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in November 2001.
$33,540 - What An Unbelievable Return!
Currently leased at $2795.00 per month this Student Accommodation apartment offers an approximate gross return of 9.32% and net return of 6.28%.
This property is ONLY suitable for investors who are looking for a long term set and forget type of investment.
The size of Chadstone is approximately 3.1 square kilometres. It has 7 parks covering nearly 9.6% of total area. The population of Chadstone in 2011 was 7,819 people. By 2016 the population was 8,626 showing a population growth of 10.3% in the area during that time. The predominant age group in Chadstone is 20-29 years. Households in Chadstone are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Chadstone work in a professional occupation. In 2011, 59.6% of the homes in Chadstone were owner-occupied compared with 57.5% in 2016.
Chadstone has 5,068 properties. Over the last 5 years, Houses in Chadstone have seen a 23.14% increase in median value, while Units have seen a 12.15% increase. As at 31 October 2024:
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