OFF MARKET

90/116 Main Drive
Macleod VIC 3085

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 5095m2
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Property Details for 90/116 Main Dr, Macleod

90/116 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 December 2020.

Building Type
Unit
Year Built
2006
Land Size
5095m2
Local Government
Darebin
Lot/Plan
1389/PS436604

Last Listing description (November 2022)

Presenting an exciting opportunity for savvy investors to either start or expand your investment portfolio located in the prestigious Springthorpe Estate. Take advantage of a positive cash flow investment with every convenience at your fingertips set within close proximity to La Trobe University, Plenty Rd tram, Macleod station and Polaris shopping.

- Currently leased $999 pcm until February 2021
- Approx 6% net return

- 22 sqm
_ Located on ground floor

This fully furnished double studio apartment offer the complete package including heating/cooling, access to recreational and common areas, onsite laundry facilities, great security and complimentary access to Springthorpe Country Club including tennis court, gym and free Glider bus services at your doorstep. Here is your chance to secure an affordable investment and reap the rewards.

*All images used are for illustrative purposes and may vary.

Property History for 90/116 Main Dr, Macleod, VIC 3085

A timeline of how this property has performed in the market
Last Sold
$115,000
07 Dec 2020
Listed for Rent
$205/w
06 Mar 2017
  • 07 Dec 2020
    Sold for $115,000
  • 28 Aug 2020
    Listed for Sale $115,000-$125,000
  • 12 Jul 2018
    Sold for $115,000
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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 4,901 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 1 property listed for rent in Macleod on OnTheHouse. According to CoreLogic's data, 183 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.