OFF MARKET

108 Princes Highway
Lucknow VIC 3875

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 110m2
Land area: 821m2
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Last updated 16 Dec 2024
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Property Details for 108 Princes Hwy, Lucknow

108 Princes Hwy, Lucknow is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 821m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in September 2023.

Building Type
House
Floor Size
110m2
Land Size
821m2
Local Government
East Gippsland
Lot/Plan
3/LP119941

Last Listing description (October 2023)

Are you a savvy investor looking for the perfect opportunity? This two bedroom, solid brick home located in Lucknow may be the perfect addition to your portfolio. Both bedrooms are large in size with built in robes, spacious living area plus a sunroom which is flooded with natural light, creating a warm and inviting atmosphere. North facing kitchen which flows through to the lounge provides electric cooking and plenty of storage space. Additionally, the property includes a single car garage and carport, providing ample space for secure parking or storage. What truly sets this property apart is its potential for subdivision (Subject to Council Approval). Investors with an eye for development will recognize the tremendous opportunity to maximize the value of this parcel of land. Situated within walking distance of Bairnsdale's CBD, residents can enjoy easy access to an array of amenities, including shops, restaurants, cafes and school. The central location ensures that tenants will be attracted to this property, making it an excellent rental investment. Contact our Office today for further details, we are selling 7 days a week.

Property History for 108 Princes Hwy, Lucknow, VIC 3875

A timeline of how this property has performed in the market
Last Sold
$360,000
26 Sep 2023
Listed for Rent
$260/w
07 Nov 2019
  • 26 Sep 2023
    Sold for $360,000
  • 25 Jul 2023
    Listed for Sale $365,000
  • 24 Oct 2019
    Listed for Rent $260 / week
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About Lucknow 3875

The size of Lucknow is approximately 19.7 square kilometres. It has 7 parks covering nearly 1.8% of total area. The population of Lucknow in 2011 was 1,065 people. By 2016 the population was 1,243 showing a population growth of 16.7% in the area during that time. The predominant age group in Lucknow is 60-69 years. Households in Lucknow are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Lucknow work in a trades occupation. In 2011, 74% of the homes in Lucknow were owner-occupied compared with 73.4% in 2016.

Lucknow has 1,310 properties. Over the last 5 years, Houses in Lucknow have seen a 70.32% increase in median value, while Units have seen a 45.04% increase. As at 30 November 2024:

  • The median value for Houses in Lucknow is $568,440 while the median value for Units is $327,919.
  • Houses have a median rent of $550 while Units have a median rent of $225.
There are currently 28 properties listed for sale, and 5 properties listed for rent in Lucknow on OnTheHouse. According to CoreLogic's data, 61 properties were sold in the past 12 months in Lucknow.

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