OFF MARKET

125/116 Main Drive
Macleod VIC 3085

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 5095m2
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Last updated 30 Sep 2024
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Property Details for 125/116 Main Dr, Macleod

125/116 Main Dr, Macleod is a 1 bedroom, 1 bathroom Unit and was built in 2006. The property has a land size of 5095m2. While the property is not currently for sale or for rent, it was last sold in October 2018.

Building Type
Unit
Year Built
2006
Land Size
5095m2
Local Government
Darebin
Lot/Plan
1424/PS436604

Last Listing description (November 2018)

This superb fully furnished student accommodation apartment perfectly located adjacent to 'Latrobe University' offering exceptional returns greater than 7%. Contemporary fit out from kitchen to bathroom including all appliances, warm cosy living is simply on offer for the student here. The 'Kingsbury Gardens' apartments provide a host of facilities with superb cafe, communal lounges, meeting room and laundry facilities and more. Impressive heritage street fa ade, combined with manicured landscaped grounds and surrounded by 'Strathallan' golf course, award winning 'Springthorpe' estate, Latrobe University and walk either to Plenty Rd trams or Macleod Station - this stylish apartment simply represents a strong investment opportunity. Extraordinary location - contemporary design and brilliant returns - This strong investment opportunity awaits your inspection - See it! Nelson Alexander Pty Ltd.

Property History for 125/116 Main Dr, Macleod, VIC 3085

A timeline of how this property has performed in the market
Last Sold
$123,000
26 Oct 2018
Listed for Rent
$295/w
05 Feb 2020
  • 26 Oct 2018
    Sold for $123,000
  • 12 Sep 2018
    Listed for Sale $120,000 - $130,000
  • 16 Aug 2018
    Listed for Rent $295 / week
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About Macleod 3085

The size of Macleod is approximately 4.6 square kilometres. It has 23 parks covering nearly 17.6% of total area. The population of Macleod in 2011 was 9,605 people. By 2016 the population was 9,795 showing a population growth of 2.0% in the area during that time. The predominant age group in Macleod is 40-49 years. Households in Macleod are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Macleod work in a professional occupation. In 2011, 75.4% of the homes in Macleod were owner-occupied compared with 72.6% in 2016.

Macleod has 4,884 properties. Over the last 5 years, Houses in Macleod have seen a 20.88% increase in median value, while Units have seen a 17.76% increase. As at 30 September 2024:

  • The median value for Houses in Macleod is $1,061,257 while the median value for Units is $709,454.
  • Houses have a median rent of $580 while Units have a median rent of $530.
There are currently 17 properties listed for sale, and 8 properties listed for rent in Macleod on OnTheHouse. According to CoreLogic's data, 185 properties were sold in the past 12 months in Macleod.

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