2/39 Caroline Chisholm Dr, Kyneton is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1990. The property has a land size of 725m2 and floor size of 70m2.
If you have been looking to invest in the growing Macedon Ranges property market, it is hard to look past this offering. Both units are leased.
Each unit comprises a welcoming open plan/dining area and good-sized kitchen, two bedrooms, bathroom, and laundry. Both have small private gardens and a single car garage.
Located in close proximity to health facilities, schools, bus stop and an easy commute to Melbourne.
One unit is leased out at $340.00 p/w and the other unit is leased out at $380 p/w so the property provides a strong return for those looking to invest with excellent long term growth potential.
The size of Kyneton is approximately 97.9 square kilometres. It has 13 parks covering nearly 1.6% of total area. The population of Kyneton in 2011 was 6,628 people. By 2016 the population was 6,964 showing a population growth of 5.1% in the area during that time. The predominant age group in Kyneton is 40-49 years. Households in Kyneton are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Kyneton work in a professional occupation. In 2011, 74.7% of the homes in Kyneton were owner-occupied compared with 74.8% in 2016.
Kyneton has 4,707 properties. Over the last 5 years, Houses in Kyneton have seen a 38.47% increase in median value, while Units have seen a 30.07% increase. As at 31 October 2024:
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