OFF MARKET

42/116 Main Drive
Macleod VIC 3085

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 24m2
Land area: 5095m2
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Property Details for 42/116 Main Dr, Macleod

42/116 Main Dr, Macleod is a 1 bedroom, 1 bathroom Unit and was built in 2007. The property has a land size of 5095m2 and floor size of 24m2. While the property is not currently for sale or for rent, it was last sold in March 2023.

Building Type
Unit
Year Built
2007
Floor Size
24m2
Land Size
5095m2
Local Government
Darebin
Lot/Plan
1341/PS436604

Last Listing description (April 2023)

Conveniently positioned only a short distance from La Trobe University, presents a positive cashflow investment opportunity to secure this extra spacious student apartment on offer.

Currently leased and fully furnished including double bed, couch, TV, inbuilt study desk, fridge features heating/cooling with access to laundry facilities, recreational rooms all set in a secure complex. Add to this complimentary access to Springthorpe Country Club facilities including gym and pool, Strathallan golf course next door, free Glider bus services at your doorstep all set within a short stroll to Polaris Shopping precinct, Macleod train station and Plenty Road 86 tram.

This is the perfect choice to either start or add to your investment portfolio or utilise your self managed superfund to secure your future.

Property History for 42/116 Main Dr, Macleod, VIC 3085

A timeline of how this property has performed in the market
Last Sold
$98,000
07 Mar 2023
Listed for Rent
$220/w
06 May 2019
  • 07 Mar 2023
    Sold for $98,000
  • 03 Mar 2023
    Listed for Sale UNDER OFFER
  • 06 May 2019
    Listed for Rent $220 / 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 4,900 properties. Over the last 5 years, Houses in Macleod have seen a 19.53% increase in median value, while Units have seen a 17.94% increase. As at 31 October 2024:

  • The median value for Houses in Macleod is $1,076,332 while the median value for Units is $723,341.
  • Houses have a median rent of $580 while Units have a median rent of $530.
There are currently 16 properties listed for sale, and 5 properties listed for rent in Macleod on OnTheHouse. According to CoreLogic's data, 186 properties were sold in the past 12 months in Macleod.

Suburb Insights for Macleod 3085

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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.