OFF MARKET

7/9 Mitchell Street
Kyneton VIC 3444

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 72m2
Land area: 247m2
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Property Details for 7/9 Mitchell St, Kyneton

7/9 Mitchell St, Kyneton is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1983. The property has a land size of 247m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in December 2020.

Building Type
Unit
Year Built
1983
Floor Size
72m2
Land Size
247m2
Local Government
Macedon Ranges
Lot/Plan
7/CS1349

Last Listing description (December 2020)

Close to Piper Street and with a rental appraisal $350/week, this is a fantastic secure investment with a 5% return (approximately) or a very affordable unit.

The current set up is 2 bedrooms, both with robes, large bathroom/laundry with separate toilet, and open plan living area. Large split system completes the internal package. The single car garage has been converted into a studio, the perfect place for a home office or studio.

With a land size of 250 sqm approx., perfect for a small dog, single carport and with the opportunity for a renovation to turn this into a unit with north facing living opening out to the garden, this is a property with enormous potential.

Property History for 7/9 Mitchell St, Kyneton, VIC 3444

A timeline of how this property has performed in the market
Last Sold
$345,000
23 Dec 2020
  • 23 Dec 2020
    Sold for $345,000
  • 07 Oct 2020
    Listed for Sale $365,000
  • 23 May 2009
    Listed for Sale $205,000
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About 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 4,693 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.
There are currently 101 properties listed for sale, and 7 properties listed for rent in Kyneton on OnTheHouse. According to CoreLogic's data, 156 properties were sold in the past 12 months in Kyneton.

Suburb Insights for Kyneton 3444

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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.