SOLD
RECENT ADVICE
Sold on 12 Sep 2024 for $242,000

10/489A Mahoneys Road
Fawkner VIC 3060

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 1716m2
Save

Property Details for 10/489a Mahoneys Rd, Fawkner

10/489a Mahoneys Rd, Fawkner is a 2 bedroom, 1 bathroom BlockOfUnits with 1 parking spaces. The property has a land size of 1716m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom BlockOfUnits sold in Fawkner in the last 12 months.

Building Type
BlockOfUnits
Land Size
1716m2

Last Listing description (September 2024)

Elevate your real estate portfolio to new heights with an unparalleled investment opportunity. This well-designed block comprises of 12 units, each tailored for contemporary living. From chic studios to spacious multi-bedroom apartments, this diverse range ensures a broad tenant appeal, enhancing your potential for consistent rental income.

Nestled in the heart of Fawkner, this block of units boasts a strategic location. Surrounded by transport hubs, local shops, Restaurants, Cafes, schooling and major roads such as Ring Rd and Sydney Rd.

Unit descriptions:

1/489A |
2 bedroom
1 Bath
1 car space
Rent Monthly: $1521
Lease : Month to month

2/489A |
2 bedroom
1 bath
1 car space
Rent Monthly: $1564
Lease End :27/12/2023

3/489A |
2 bedroom
1 bath
1 car space
Rent Monthly: $826.00
Lease : Month to month

4/489A |
2 bedroom
1 bath
1 car space
Rent Monthly: $1,564.00
Lease End 26/10/2024

5/489A |
1 bedroom
1 bath
1 car space
Rent Monthly: $1347
Lease : Month to month

6/489A |
3 bedroom this apartment has had a facelift at the expense of the renter hence the cheaper rent.
1 bath
2 car spaces
Rent Monthly: $1,564.00
Lease End : 31/08/23

7/489A |
2 bedroom
1 bath
1 car space
Rent Monthly: $1,564.00
Lease : Month to month

8/489A |
3 bedroom
2 bathroom
2 car spaces
Rent Monthly: $1,564.00
Lease : Month to month

9/489A |
1 bedroom
1 bath
1 car space
Rent Monthly: $ $1,260.00 to increase $1,347.00 in January 2024
Lease End : 07/01/2024

10/489A |
1 bedroom
1 bath
1 car spaces
Rent Monthly: $1,456.00
Lease End: 02/02/2024

11/489A |
1 bedroom
1 bath
2 car spaces
Rent Monthly: $ 1,347.00
Lease : Month to month

12/489A |
3 bedroom
1 bath
2 car spaces
Rent Monthly: $1,695.00
Lease : Month to month

PHOTO ID REQUIRED
Due diligence checklist - consumer.vic.gov.au/duediligencechecklist
Privacy Policy and Privacy Collection Notice - rataandco.com.au/privacy-policy
Material Facts - please refer to the contract of sale and vendor statement for any/all material facts.

Land size sourced from land.vic.gov.au. This document has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information provided herein is correct, Harcourts Rata & Co takes no responsibility for any inaccuracies. Accordingly all interested parties should make their own enquiries to verify the information, including and not limited to land size.

Property History for 10/489a Mahoneys Rd, Fawkner, VIC 3060

A timeline of how this property has performed in the market
Last Sold
$242,000
12 Sep 2024
Listed for Rent
$330/w
23 Jan 2023
  • 12 Sep 2024
    Sold for $242,000
  • 06 Dec 2022
    Listed for Rent $330 / week
  • 09 Oct 2018
    Listed for Rent - Price not available

Commute Calculator

About Fawkner 3060

The size of Fawkner is approximately 5.3 square kilometres. It has 12 parks covering nearly 15.1% of total area. The population of Fawkner in 2011 was 12,596 people. By 2016 the population was 14,044 showing a population growth of 11.5% in the area during that time. The predominant age group in Fawkner is 30-39 years. Households in Fawkner are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Fawkner work in a professional occupation. In 2011, 71% of the homes in Fawkner were owner-occupied compared with 66.7% in 2016.

Fawkner has 6,448 properties. Over the last 5 years, Houses in Fawkner have seen a 14.12% increase in median value, while Units have seen a 22.56% increase. As at 31 October 2024:

  • The median value for Houses in Fawkner is $763,480 while the median value for Units is $579,943.
  • Houses have a median rent of $550 while Units have a median rent of $498.
There are currently 33 properties listed for sale, and 15 properties listed for rent in Fawkner on OnTheHouse. According to CoreLogic's data, 259 properties were sold in the past 12 months in Fawkner.

Suburb Insights for Fawkner 3060

Market Insights
Fawkner Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Fawkner Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Contact agent
Joel Viavattene
Show contact details
Robert Ozzimo
Show contact details
Harcourts Rata & Co
Preferred contact:
Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.