OFF MARKET

2/150 Princes Highway
Lucknow VIC 3875

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 76m2
Land area: 178m2
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Last updated 16 Dec 2024
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Property Details for 2/150 Princes Hwy, Lucknow

2/150 Princes Hwy, Lucknow is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2000. The property has a land size of 178m2 and floor size of 76m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
Unit
Year Built
2000
Floor Size
76m2
Land Size
178m2
Local Government
East Gippsland
Lot/Plan
2/PS634998

Last Listing description (August 2023)

Welcome to 2/150 Princes Highway, Lucknow. This 2-bedroom, 1 bathroom unit will greatly appeal to anyone looking to enter the market as an owner-occupier or an investor looking to start or grow their portfolio.
This light-filled unit boasts a functional layout designed to maximize space and comfort. The open-plan living area seamlessly integrates the lounge, dining, and kitchen, creating a versatile space for everyday living.
Both bedrooms are generously sized and offer a peaceful retreat for occupants, serviced by a functional laundry and bathroom.

At time of writing, this property achieves $330p/w rent, resulting in a 6.02% gross rental return.
Don't miss out on this phenomenal opportunity! Contact King and Heath First National Bairnsdale Today.

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Property History for 2/150 Princes Hwy, Lucknow, VIC 3875

A timeline of how this property has performed in the market
Last Sold
$272,000
07 Aug 2023
Listed for Rent
$320/w
27 Jul 2023
  • 07 Aug 2023
    Sold for $272,000
  • 07 Jul 2023
    Listed for Sale $285,000
  • 06 Jul 2023
    Listed for Rent $320 / 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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