3/5-7 High StreetKyneton VIC 3444
Property Details for 3/5-7 High St, Kyneton
3/5-7 High St, Kyneton is a 3 bedroom, 1 bathroom Unit and was built in 1880. The property has a land size of 832m2 and floor size of 125m2.
Last Listing description (March 2015)
POTENTIAL YIELD ABOVE 7%
This prominent 1880?s building is situated close to the busiest corner in the very popular Kyneton.
The property consists of 3 retail shops currently earning nearly $4,000pcm with the potential for further rental income of $1,200-1,300pcm with the 2/3 bedroom unit upstairs giving it a yield oin excess of 7%.
This is a great location, great building and a solid return.
Property History for 3/5-7 High St, Kyneton, VIC 3444
- 28 Feb 2015Listed for Sale $900,000
- 01 Apr 2014Listed for Sale $865,000 + GST
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0About Kyneton 3444
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:
- The median value for Houses in Kyneton is $870,801 while the median value for Units is $531,561.
- Houses have a median rent of $565 while Units have a median rent of $433.
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