3/23 Princess St, Fawkner is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 2014. The property has a land size of 104m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Townhouse sold in Fawkner in the last 12 months.
*Fixed Date Sale Closing Wednesday 22nd May at 12pm*
Perfectly positioned & tastefully designed, step inside 3/23 Princess Street and you'll simply be amazed with the size of this spacious and modern two-bedroom townhome. Offering generous living proportions throughout, an expansive kitchen & a low maintenance private courtyard, makes this a wonderful first home or investment opportunity. Not to mention, this townhome is extremely well positioned, located on the border of Coburg North, and within walking distance to Merlynston & Fawkner train stations. With many local schools and parklands nearby, inspection is a must!
KEY PROPERTY FEATURES:
KEY LOCATION FEATURES:
- 600m (approx.) from Fawkner Train station and 800m (approx.) from Merlynston Train station
- Fawkner is located 12.5km's north of the CBD with terrific City Link, Ring Road, Airport and Hume Highway access.
- 900m (approx.) to Merlyn Street shopping strip and 750m (approx.) to Aldi Supermarket
- 300m (approx.) to St Mark's Catholic Primary School
- Charles Mutton Reserve, Parker Reserve & Merri Creek trail all a short distance away
- 530 Bus stop located on Queens Parade & Argyle Street taking you through to Campbellfield & Coburg
Potential Rental Return - $440 - $470 per week
**The potential rental return is an approximation and serves as a guide based on the current market rate in May 2024. Actual returns may vary**
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 6,397 properties. Over the last 5 years, Houses in Fawkner have seen a 18.03% increase in median value, while Units have seen a 26.98% increase. As at 31 August 2024:
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