OFF MARKET

1/17 Panorama Street
Clayton VIC 3168

Bedrooms: 7
Bathrooms: 2
Car spaces: 3
Floor area: 171m2
Land area: 450m2
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Property Details for 1/17 Panorama St, Clayton

1/17 Panorama St, Clayton is a 7 bedroom, 2 bathroom Unit with 3 parking spaces and was built in 1950. The property has a land size of 450m2 and floor size of 171m2. While the property is not currently for sale or for rent, it was last sold in August 2012.

Building Type
Unit
Year Built
1950
Floor Size
171m2
Land Size
450m2
Local Government
Monash
Lot/Plan
1/PS302988

Last Listing description (October 2012)

CURRENTLY RETURNING $3300 PER MONTH!
A PERFECT PROPERTY FOR THE INVESTOR WHO DOESN'T MIND PUTTING IN A BIT OF EFFORT FOR A BIG REWARD. BASED ON CURRENT MARKET RENTAL PER STUDENT, THE PROPERTY HAS REAL POTENTIAL TO RETURN A YIELD OF 7%. CENTRALLY LOCATED WITHIN WALKING DISTANCE TO CLAYTON TRAIN STATION, MONASH HOSPITAL AND MONASH UNIVERSITY. DEFINITELY A SAFE BLUE-CHIP INVESTMENT IN ONE OF CLAYTONS BEST STREETS. PROPERTY CAN EASILY ACCOMMODATE 7 TENANTS, WITH THE AVERAGE RENTAL BEING $110-$120 PER ROOM PER WEEK. YES, THE NUMBERS DO STACK UP! NO MATTER HOW YOU LOOK AT IT FROM AN INVESTMENT POINT OF VIEW, THIS IS ONE OF THE BEST BUYS GOING AROUND. FEATURES: 7 BEDROOMS (ALL GOOD SIZE) 2 BATHROOMS 3 TOILETS LARGE BBQ OR OUTDOOR COMMON AREA GAS DUCTED HEATING, COOKING AND HOT WATER OWN STREET FRONTAGE SOLD FULLY FURNISHED LAND APPROX. 400SQM

Property History for 1/17 Panorama St, Clayton, VIC 3168

A timeline of how this property has performed in the market
Last Sold
$500,000
07 Aug 2012
  • 07 Aug 2012
    Sold for $500,000
  • 19 Apr 2012
    Listed for Sale NEG. OVER $490,000
  • 09 Aug 2010
    Listed for Sale FOR SALE
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About Clayton 3168

The size of Clayton is approximately 7.9 square kilometres. It has 9 parks covering nearly 4.1% of total area. The population of Clayton in 2011 was 15,543 people. By 2016 the population was 19,348 showing a population growth of 24.5% in the area during that time. The predominant age group in Clayton is 20-29 years. Households in Clayton are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Clayton work in a professional occupation. In 2011, 40.2% of the homes in Clayton were owner-occupied compared with 35.2% in 2016.

Clayton has 11,876 properties. Over the last 5 years, Houses in Clayton have seen a 3.10% increase in median value, while Units have seen a 4.16% increase. As at 31 October 2024:

  • The median value for Houses in Clayton is $1,166,254 while the median value for Units is $637,749.
  • Houses have a median rent of $600 while Units have a median rent of $550.
There are currently 81 properties listed for sale, and 78 properties listed for rent in Clayton on OnTheHouse. According to CoreLogic's data, 366 properties were sold in the past 12 months in Clayton.

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