29 Fernhurst AvenueDerrimut VIC 3026
Property Details for 29 Fernhurst Ave, Derrimut
29 Fernhurst Ave, Derrimut is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2008. The property has a land size of 348m2 and floor size of 128m2. While the property is not currently for sale or for rent, it was last sold in March 2013.
Last Listing description (April 2013)
SOLD BY NICK MAKROGLOU!
This money making machine ticks all the right boxes in regards to successful investing or for first home buyers looking for that mix of lifestyle and capital growth.
1. How often do you see this price in Derrimut. Priced well below the suburb median price allowing for plenty of capital growth in future years.
3. Located in a suburb that has performed well in the past and has no future land releases proposed to compete with your investment.
4. Previously tenanted at $325PW and with plenty of depreciation benefits available this property will be practically neutral geared right away.
5. Vacancy rates practically non existant in the suburb.
Please note property is being sold with vacant possession so move straight in or invest and start enjoying fantastic returns immediately.
Property History for 29 Fernhurst Ave, Derrimut, VIC 3026
- 24 Mar 2013Sold for $349,000
- 05 Feb 2013Listed for Sale Not Disclosed
- 15 Dec 2012Listed for Rent - Price not available
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About Derrimut 3026
The size of Derrimut is approximately 12.8 square kilometres. It has 15 parks covering nearly 15.8% of total area. The population of Derrimut in 2011 was 5,991 people. By 2016 the population was 8,268 showing a population growth of 38.0% in the area during that time. The predominant age group in Derrimut is 30-39 years. Households in Derrimut are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Derrimut work in a professional occupation. In 2011, 77.3% of the homes in Derrimut were owner-occupied compared with 75.9% in 2016.
Derrimut has 3,613 properties. Over the last 5 years, Houses in Derrimut have seen a 15.51% increase in median value, while Units have seen a -1.27% decrease. As at 31 October 2024:
- The median value for Houses in Derrimut is $774,010 while the median value for Units is $486,708.
- Houses have a median rent of $560 while Units have a median rent of $398.
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