1 Margaret StreetEdenhope VIC 3318
Property Details for 1 Margaret St, Edenhope
Last Listing description (July 2017)
Located on a corner block and only a 3 minute drive to the town centre and a 10 minute walk to the popular Lake Wallace, are three well established units with all your everyday living essentials such as ceiling fans, split system, electric oven, rainwater tanks and undercover car park. These fantastic units are perfect for the investor with a sensational return and no renovations needed. The units all have 2 spacious bedrooms with B.I.R and an open living/dining/kitchen area and a fully fenced and secure backyard.
All units are occupied with a gross annual return of $23,400
Outgoings approximately:
Water rates $1,200
For any questions or to book in an inspection contact Jock Uebergang on 0418 815 770 or Paige Edgerton on 0429 166 691
Property History for 1 Margaret St, Edenhope, VIC 3318
- 03 Jan 2024Transferred
- 06 Jun 2017Listed for Sale $259,000
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0About Edenhope 3318
The size of Edenhope is approximately 498.7 square kilometres. It has 8 parks covering nearly 3% of total area. The population of Edenhope in 2011 was 976 people. By 2016 the population was 943 showing a population decline of 3.4% in the area during that time. The predominant age group in Edenhope is 60-69 years. Households in Edenhope are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Edenhope work in a managers occupation. In 2011, 71% of the homes in Edenhope were owner-occupied compared with 74.7% in 2016.
Edenhope has 832 properties. Over the last 5 years, Houses in Edenhope have seen a 115.31% increase in median value, while Units have seen a 117.19% increase. As at 31 October 2024:
- The median value for Houses in Edenhope is $249,877 while the median value for Units is $418,609.
- Houses have a median rent of $273.
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