2/23 Hope StreetKangaroo Flat VIC 3555
Property Details for 2/23 Hope St, Kangaroo Flat
2/23 Hope St, Kangaroo Flat is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1990. The property has a land size of 106m2 and floor size of 63m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom Unit sold in Kangaroo Flat in the last 12 months.
Last Listing description (November 2024)
Welcome to 2/23 Hope Street, a unit located in the desirable Kangaroo Flat area. This unit offers a comfortable and convenient lifestyle with its modern features, recent updates, and excellent location.
Upon entering the unit, you'll be greeted by a spacious living and dining area. The split system provides efficient heating and cooling, ensuring year-round comfort for you and your tenants. The electric cooktop in the kitchen and the extensive bench space offer practicality and functionality for your culinary endeavors.
Notice the tasteful LED lighting that illuminates the entire unit, creating a warm and inviting atmosphere. Recent updates, including fresh paint, new carpet, and a new stove cooker, have revitalized the space, giving it a fresh and modern appeal.
Currently, the unit is tenanted with a long term tenant, generating a solid rental income of $300 per week with the compacity to increase rent to $320+ per week, you have the opportunity to maximize your returns and take advantage of the thriving rental market in the area.
The property's location is another standout feature. Situated in proximity to Kangaroo Flat Primary School and Crusoe Secondary College, it's an ideal choice for families with school-aged children. Additionally, the convenience of being just a five-minute drive from Lansell Square Shopping Centre ensures easy access to a variety of retail stores, supermarkets, and dining options.
With a lot size of 106m2, this unit offers a manageable and low-maintenance living space, allowing you to enjoy a comfortable lifestyle without the burden of extensive upkeep.
Property History for 2/23 Hope St, Kangaroo Flat, VIC 3555
- 09 Aug 2024Sold for $265,500
- 16 Apr 2024Listed for Sale 265500
- 01 Jun 2023Listed for Sale $280,000 - $305,000
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0About Kangaroo Flat 3555
The size of Kangaroo Flat is approximately 18.4 square kilometres. It has 27 parks covering nearly 40.1% of total area. The population of Kangaroo Flat in 2011 was 9,492 people. By 2016 the population was 10,405 showing a population growth of 9.6% in the area during that time. The predominant age group in Kangaroo Flat is 20-29 years. Households in Kangaroo Flat are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Kangaroo Flat work in a labourer occupation. In 2011, 67.3% of the homes in Kangaroo Flat were owner-occupied compared with 67.4% in 2016.
Kangaroo Flat has 6,216 properties. Over the last 5 years, Houses in Kangaroo Flat have seen a 50.59% increase in median value, while Units have seen a 43.40% increase. As at 31 October 2024:
- The median value for Houses in Kangaroo Flat is $515,763 while the median value for Units is $360,339.
- Houses have a median rent of $460 while Units have a median rent of $400.
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