5/60 Yarra St, Heidelberg is a 2 bedroom, 1 bathroom House and was built in 1980. The property has a land size of 161m2 and floor size of 66m2. While the property is not currently for sale or for rent, it was last transferred in August 2020.
ESR: $220,000-$250,000
The astute investor knows there are a few imperatives one needs to tick off before making a wise business decision. The most obvious, of course, is LOCATION. Convenience will attract good tenants. LOW MAINTENANCE LIVING is always a good way to go too, especially given its popularity with the rental market. It will ensure you keep your overheads to a minimum, while the risk of overcapitalising will be significantly reduced... and that's what makes this opportunity so appealing! Set within walking distance of Warringal Shopping Centre, train station and bus stop, this neat 2 bedroom unit is the complete package, currently leased by an excellent tenant for $913 per calendar month. Right time, right place! Don't miss it.
The size of Heidelberg is approximately 2.9 square kilometres. It has 13 parks covering nearly 20% of total area. The population of Heidelberg in 2011 was 5,712 people. By 2016 the population was 6,250 showing a population growth of 9.4% in the area during that time. The predominant age group in Heidelberg is 30-39 years. Households in Heidelberg are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Heidelberg work in a professional occupation. In 2011, 63.4% of the homes in Heidelberg were owner-occupied compared with 57.2% in 2016.
Heidelberg has 4,323 properties. Over the last 5 years, Houses in Heidelberg have seen a 27.74% increase in median value, while Units have seen a 12.27% increase. As at 30 September 2024:
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