OFF MARKET

1/1 Macdonald Street
Leongatha VIC 3953

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 72m2
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Last updated 14 Oct 2024
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Property Details for 1/1 Macdonald St, Leongatha

1/1 Macdonald St, Leongatha is a 1 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 72m2. While the property is not currently for sale or for rent, it was last sold in July 2002.

Building Type
Unit
Land Size
72m2
Local Government
South Gippsland
Lot/Plan
5/SP24644

Last Listing description (May 2019)

A rare opportunity to buy into a unique investment property with a fantastic rental history that produces a solid return. The property consists of four low maintenance brick veneer, tiled roof, one bedroom units in tip top condition. Each unit has its own designated car park and cloths line and all concrete paving and fencing are in great condition. Internally each unit has a very neat functional kitchen, meals and living area and a good sized bathroom and bedroom and are all heated and cooled with a reverse cycle air conditioner. Properties like this don't come on the market often especially in this condition, no money to be spent here.

Property History for 1/1 Macdonald St, Leongatha, VIC 3953

A timeline of how this property has performed in the market
Last Sold
$105,000
24 Jul 2002
Listed for Rent
$180/w
05 Nov 2018
  • 05 Nov 2018
    Listed for Rent - Price not available
  • 19 Mar 2018
    Listed for Rent $180 / week
  • 21 Feb 2018
    Listed for Rent $180 / week
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About Leongatha 3953

The size of Leongatha is approximately 42.6 square kilometres. It has 23 parks covering nearly 1.9% of total area. The population of Leongatha in 2011 was 5,332 people. By 2016 the population was 5,640 showing a population growth of 5.8% in the area during that time. The predominant age group in Leongatha is 0-9 years. Households in Leongatha are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Leongatha work in a trades occupation. In 2011, 71.1% of the homes in Leongatha were owner-occupied compared with 71.3% in 2016.

Leongatha has 3,810 properties. Over the last 5 years, Houses in Leongatha have seen a 57.03% increase in median value, while Units have seen a 63.02% increase. As at 30 September 2024:

  • The median value for Houses in Leongatha is $568,975 while the median value for Units is $433,038.
  • Houses have a median rent of $433 while Units have a median rent of $330.
There are currently 88 properties listed for sale, and 12 properties listed for rent in Leongatha on OnTheHouse. According to CoreLogic's data, 126 properties were sold in the past 12 months in Leongatha.

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