OFF MARKET

2/7 Ti-Tree Lane
Koo Wee Rup VIC 3981

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 87m2
Land area: 229m2
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Last updated 18 Nov 2024
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Property Details for 2/7 Ti-Tree Lane, Koo Wee Rup

2/7 Ti-Tree Lane, Koo Wee Rup is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1990. The property has a land size of 229m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in September 2023.

Building Type
Unit
Year Built
1990
Floor Size
87m2
Land Size
229m2
Local Government
Cardinia
Lot/Plan
2/SP35890

Last Listing description (April 2024)

Convenient, affordable and nicely placed, this superb low maintenance unit is ideal for the astute investor. Situated in a quiet street and just minutes walk to the shops, schools and transport, the property comprises two bedrooms with built-in robes, comfortable lounge room, adjoining meals area and a galley kitchen . It also includes a single car garage and private court yard. It is set well back off the street and fenced for privacy. Currently leased until November at $350pw, a healthy 4% return.
This is the one that's not to be missed.

Property History for 2/7 Ti-Tree Lane, Koo Wee Rup, VIC 3981

A timeline of how this property has performed in the market
Last Sold
$420,000
13 Sep 2023
Listed for Rent
$220/w
08 May 2015
  • 13 Sep 2023
    Sold for $420,000
  • 04 Jul 2023
    Listed for Sale Not Disclosed
  • 27 Apr 2016
    Sold for $215,000
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About Koo Wee Rup 3981

The size of Koo Wee Rup is approximately 57.6 square kilometres. It has 2 parks covering nearly 0.1% of total area. The population of Koo Wee Rup in 2011 was 3,079 people. By 2016 the population was 3,583 showing a population growth of 16.4% in the area during that time. The predominant age group in Koo Wee Rup is 0-9 years. Households in Koo Wee Rup are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Koo Wee Rup work in a trades occupation. In 2011, 74.2% of the homes in Koo Wee Rup were owner-occupied compared with 75.8% in 2016.

Koo Wee Rup has 2,074 properties. Over the last 5 years, Houses in Koo Wee Rup have seen a 34.19% increase in median value, while Units have seen a 32.27% increase. As at 31 October 2024:

  • The median value for Houses in Koo Wee Rup is $720,246 while the median value for Units is $500,471.
  • Houses have a median rent of $595 while Units have a median rent of $358.
There are currently 30 properties listed for sale, and 1 property listed for rent in Koo wee rup on OnTheHouse. According to CoreLogic's data, 93 properties were sold in the past 12 months in Koo wee rup.

Suburb Insights for Koo Wee Rup 3981

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.