OFF MARKET

13/16 South Circular Road
Gladstone Park VIC 3043

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 45m2
Land area: 59m2
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Property Details for 13/16 South Circular Rd, Gladstone Park

13/16 South Circular Rd, Gladstone Park is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1994. The property has a land size of 59m2 and floor size of 45m2. While the property is not currently for sale or for rent, it was last sold in October 2019.

Building Type
Unit
Year Built
1994
Floor Size
45m2
Land Size
59m2
Local Government
Hume
Lot/Plan
13/PS327182

Last Listing description (November 2024)

This beautifully presented unit offers an exceptional opportunity for downsizers or savvy investors seeking strong rental returns and consistent growth. Boasting a secure, low-maintenance lifestyle, this property is a standout in today's market.

Set within a securely gated complex, this tastefully renovated home combines modern comfort with timeless appeal:

Living Area: Light-filled and spacious, featuring brand-new floorboards, a split system air-conditioning/heating unit, and an additional electric wall heater.

Kitchen: A sleek, newly updated kitchen with an upright stove, seamlessly integrated into the living space.
Bedroom: Newly carpeted, complemented by mirrored built-in robes and direct access to a private, undercover courtyard for tranquil outdoor living.
Additional Features: A newly installed hot water system, updated blinds, modern light fittings, NBN connectivity, a combined bathroom/laundry, and a single carport for added convenience and value.
Investor Appeal:
This property is ideal for investors, with rental eligibility for tenants in the over-55 age group, ensuring a secure and steady income stream.

Unmatched Convenience:
Located just steps from Gladstone Park Shopping Centre, the property offers unparalleled access to shopping, medical facilities, dining, and public transport. Parks and recreational spaces are also within easy reach, enhancing the lifestyle appeal of this home.

Your Opportunity Awaits
Whether you're looking to downsize or secure a high-performing investment, this property is a rare gem in a sought-after location.

Contact us today to arrange a private inspection and take the first step toward owning this exceptional unit.

Property History for 13/16 South Circular Rd, Gladstone Park, VIC 3043

A timeline of how this property has performed in the market
Last Sold
$270,000
11 Oct 2019
Listed for Rent
$300/w
04 Feb 2021
  • 28 Nov 2024
    Listed for Sale Private Sale | $350,000
  • 19 Jan 2021
    Listed for Rent $300 / week
  • 11 Oct 2019
    Sold for $270,000
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About Gladstone Park 3043

The size of Gladstone Park is approximately 3.7 square kilometres. It has 9 parks covering nearly 4.7% of total area. The population of Gladstone Park in 2011 was 8,329 people. By 2016 the population was 8,348 showing a population growth of 0.2% in the area during that time. The predominant age group in Gladstone Park is 60-69 years. Households in Gladstone Park are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Gladstone Park work in a clerical occupation. In 2011, 79.3% of the homes in Gladstone Park were owner-occupied compared with 77.5% in 2016.

Gladstone Park has 3,542 properties. Over the last 5 years, Houses in Gladstone Park have seen a 9.09% increase in median value, while Units have seen a 12.28% increase. As at 31 October 2024:

  • The median value for Houses in Gladstone Park is $696,776 while the median value for Units is $495,937.
  • Houses have a median rent of $550 while Units have a median rent of $500.
There are currently 12 properties listed for sale, and 9 properties listed for rent in Gladstone park on OnTheHouse. According to CoreLogic's data, 125 properties were sold in the past 12 months in Gladstone park.

Suburb Insights for Gladstone Park 3043

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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.