18/16 South Circular RoadGladstone Park VIC 3043
Property Details for 18/16 South Circular Rd, Gladstone Park
18/16 South Circular Rd, Gladstone Park is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1993. The property has a land size of 62m2. While the property is not currently for sale or for rent, it was last sold in September 2019.
Last Listing description (October 2019)
What a great way to live!... Not often for sale, a very affordable unit in a tightly held complex and in the heart of Gladstone Park with well-maintained private grounds and an engaging social environment.
Leave the car at home with Gladstone Park Shopping Centre superbly located at your doorstep, along with a host of amenities including bus transport, reserves, remedial/business facilities and an array of dining options with freeway also at hand.
A delightful 1-bedroom unit with built-in robe.
Combined bathroom/laundry facility.
Reverse cycle split system, ceiling fan and electric upright stove with double oven.
Cosy private courtyard with small storage shed.
Secure gated entry to the complex.
Only 15kms to CBD & 6kms to Melbourne Airport.
Covenant details for the premises states that only 55+ age criteria can reside on the premises.
An ideal rent return of approx. $230 per week makes this a rewarding investment opportunity.
Property History for 18/16 South Circular Rd, Gladstone Park, VIC 3043
- 24 Sep 2019Sold for $260,000
- 13 Sep 2019Listed for Sale Not Disclosed
- 13 Aug 2016Sold for $180,000
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0About 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.
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