1/7 North Valley RoadHighton VIC 3216
Property Details for 1/7 North Valley Rd, Highton
1/7 North Valley Rd, Highton is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 60m2 and floor size of 56m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 1 bedroom Unit sold in Highton in the last 12 months.
Last Listing description (November 2023)
Just across from the Highton Bowls Club and tennis courts is this solid, one bedroom unit, set in a group of four with a tranquil garden . With an impressive rental return and a 12-month lease in place, look no further for your next smart investment. Features include:
One large bedroom off central hallway with built in robes and bathed in morning light
Partly updated kitchen/meals with extra storage and bench space, sliding door to living
Original bathroom with shower over bath, separate WC and laundry out to gardens
Lovey big north and west facing communal gardens with lawn, bench, and clothes lines
Own carport with easy access off Bracken Court, borders quiet garden center next door
Great tenant currently paying $295/week (that's approximately a 4.8% return)
Fantastic location, walk to Highton Village and Barwon River, quick access to Geelong CBD and Ring Road
Clearly a wise "set and forget" investment, plus a chance to further renovate and add value in the future. Well worth a look at the next open home or call for more information.
Property History for 1/7 North Valley Rd, Highton, VIC 3216
- 15 Jan 2024Sold for $295,000
- 21 Sep 2023Listed for Sale $299,000 - $330,000
- 04 Aug 2020Listed for Rent $260 / week
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About Highton 3216
The size of Highton is approximately 11.6 square kilometres. It has 49 parks covering nearly 11.9% of total area. The population of Highton in 2011 was 16,656 people. By 2016 the population was 18,948 showing a population growth of 13.8% in the area during that time. The predominant age group in Highton is 40-49 years. Households in Highton are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Highton work in a professional occupation. In 2011, 77.7% of the homes in Highton were owner-occupied compared with 75.6% in 2016.
Highton has 9,734 properties. Over the last 5 years, Houses in Highton have seen a 32.91% increase in median value, while Units have seen a 19.47% increase. As at 31 October 2024:
- The median value for Houses in Highton is $940,970 while the median value for Units is $488,717.
- Houses have a median rent of $535 while Units have a median rent of $420.
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