OFF MARKET

5 Tahara Street
Hamlyn Heights VIC 3215

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 127m2
Land area: 687m2
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Last updated 28 Oct 2024
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Property Details for 5 Tahara St, Hamlyn Heights

5 Tahara St, Hamlyn Heights is a bedroom, bathroom House. The property has a land size of 687m2 and floor size of 127m2.

Building Type
House
Floor Size
127m2
Land Size
687m2
Local Government
Greater Geelong
Lot/Plan
41/LP66060

Last Listing description (November 2018)

Take advantage of this fantastic investment opportunity to purchase this ideally located unit in the sought after suburb of Hamlyn Heights (9% capital growth over the last 12 months).Comprising of 1 bedroom with BIR, open plan kitchen / living, separate bathroom, rear court yard, allocated carport and storage unit, currently tenanted providing a secure rental return of $195.00 per week/ $10,140.00 per annum.Located in a quiet street close to local shops, schools, sporting facilities, public transport, Geelong Ring Road and Geelong CBD.This is a great opportunity to enter the market and the perfect addition to your super fund portfolio, for investors seeking a solid investment return with future growth potential.

Property History for 5 Tahara St, Hamlyn Heights, VIC 3215

A timeline of how this property has performed in the market
  • 18 Sep 2018
    Listed for Sale $215,000

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About Hamlyn Heights 3215

The size of Hamlyn Heights is approximately 4 square kilometres. It has 9 parks covering nearly 2.6% of total area. The population of Hamlyn Heights in 2011 was 6,074 people. By 2016 the population was 6,283 showing a population growth of 3.4% in the area during that time. The predominant age group in Hamlyn Heights is 20-29 years. Households in Hamlyn Heights are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Hamlyn Heights work in a professional occupation. In 2011, 73.9% of the homes in Hamlyn Heights were owner-occupied compared with 69.1% in 2016.

Hamlyn Heights has 3,369 properties. Over the last 5 years, Houses in Hamlyn Heights have seen a 37.60% increase in median value, while Units have seen a 16.78% increase. As at 30 September 2024:

  • The median value for Houses in Hamlyn Heights is $745,837 while the median value for Units is $470,610.
  • Houses have a median rent of $480 while Units have a median rent of $440.
There are currently 15 properties listed for sale, and 9 properties listed for rent in Hamlyn heights on OnTheHouse. According to CoreLogic's data, 130 properties were sold in the past 12 months in Hamlyn heights.

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