2/79 Lockwood RoadKangaroo Flat VIC 3555
Property Details for 2/79 Lockwood Rd, Kangaroo Flat
2/79 Lockwood Rd, Kangaroo Flat is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 504m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in April 2021.
Last Listing description (June 2021)
This rare find is an affordable and spacious unit privately tucked away at the end of a long driveway.
It features a bright modern kitchen with gas/electric cooking, dishwasher, pantry and island breakfast bar. The spacious adjoining lounge has a split system air conditioner; there are two good-sized bedrooms with built-in robes, a renovated bathroom, separate WC and laundry.
Providing more outdoor space than most the low-maintenance yard includes a tool shed (concrete floor/power), shady trees and a carport.
With rental properties in high demand, this is an appealing choice for investors. It's already let to an excellent long term tenant with rental returns of $260 per week.
Alternatively, it has the option for retirees and first home buyers to own and occupy with no common property areas and no body corporate fees.
Property History for 2/79 Lockwood Rd, Kangaroo Flat, VIC 3555
- 27 Apr 2021Sold for $300,000
- 09 Apr 2021Listed for Sale $290,000 - $310,000
- 17 Jan 2018Listed for Rent $250 / week
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About 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 6,205 properties. Over the last 5 years, Houses in Kangaroo Flat have seen a 56.68% increase in median value, while Units have seen a 50.82% increase. As at 31 August 2024:
- The median value for Houses in Kangaroo Flat is $524,243 while the median value for Units is $377,564.
- Houses have a median rent of $460 while Units have a median rent of $400.
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