OFF MARKET

10/4 Miles Lane
Leongatha VIC 3953

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 91m2
Land area: 279m2
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Last updated 11 Nov 2024
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Property Details for 10/4 Miles Lane, Leongatha

10/4 Miles Lane, Leongatha is a 2 bedroom, 1 bathroom Unit and was built in 2004. The property has a land size of 279m2 and floor size of 91m2. While the property is not currently for sale or for rent, it was last sold in August 2021.

Building Type
Unit
Year Built
2004
Floor Size
91m2
Land Size
279m2
Local Government
South Gippsland
Lot/Plan
10/PS519051

Last Listing description (August 2021)

Located only 350m from the Medical Centre & 500m from the Main street, this low maintenance package is ideal for the investor or a great location for a retiree.

The open plan kitchen area offers good storage, laminex benchtops, electric appliances including near new dishwasher & adjoins the dining & well- lit lounge with reverse-cycle heating & cooling & direct access to the private courtyard.
There are two bedrooms with built in robes which are serviced by a central bathroom with shower & separate toilet.

Outside you will feel safe & secure with colourbond fences with lockable gates & a remote-controlled garage door with internal access.

Currently tenanted for $270 per week, & with rental properties becoming harder & harder to find, what is a fantastic time to secure this investment!

Property History for 10/4 Miles Lane, Leongatha, VIC 3953

A timeline of how this property has performed in the market
Last Sold
$325,000
12 Aug 2021
Listed for Rent
$280/w
15 Jul 2021
  • 12 Aug 2021
    Sold for $325,000
  • 30 Jun 2021
    Listed for Rent $280 / week
  • 26 May 2021
    Listed for Sale $329,000
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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 3,817 properties. Over the last 5 years, Houses in Leongatha have seen a 58.68% increase in median value, while Units have seen a 67.96% increase. As at 31 October 2024:

  • The median value for Houses in Leongatha is $580,746 while the median value for Units is $435,284.
  • Houses have a median rent of $435 while Units have a median rent of $330.
There are currently 96 properties listed for sale, and 14 properties listed for rent in Leongatha on OnTheHouse. According to CoreLogic's data, 120 properties were sold in the past 12 months in Leongatha.

Suburb Insights for Leongatha 3953

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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.