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Sold on 20 Aug 2024 - Price Unavailable

2/16 Inglis Street
Maddingley VIC 3340

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 110m2
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Property Details for 2/16 Inglis St, Maddingley

2/16 Inglis St, Maddingley is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 110m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom Unit sold in Maddingley in the last 12 months.

Building Type
Unit
Land Size
110m2
Local Government
Moorabool
Lot/Plan
6/RP11791

Last Listing description (August 2024)

Nestled in a desirable location, this charming unit presents an enticing opportunity for downsizers, investors or those stepping into the property market. Boasting a compact yet functional layout, it features two generously sized bedrooms adorned with built-in robes, offering ample storage solutions and space optimization.

Step into the inviting living area, adorned with gleaming polished floorboards that add a touch of elegance and warmth to the space. The heart of the home, the kitchen, is thoughtfully designed and equipped with practical amenities, including a 600mm wall oven and a 900mm electric cooktop, ensuring culinary endeavours are a delight.

Convenience meets efficiency with the combined bathroom and laundry, streamlining daily routines. A separate toilet adds to the practicality of the layout, enhancing the overall functionality of the unit.

Indulge in year-round comfort with the inclusion of a split-system heating and cooling unit, allowing for personalized climate control to suit varying preferences. Outside, a private courtyard providing a serene escape to unwind.

Additional features such as garden sheds offer extra storage space, while a single carport provides shelter for your vehicle, ensuring convenience and peace of mind.

Situated in a prime locale, accessibility is a key highlight of this property. Enjoy easy reach to essential amenities, including the town centre, hospital, schools and the train station, ensuring effortless connectivity to the surrounding conveniences.

For astute investors, rental return of approximately $310 per week adds to the appeal, making this unit an attractive investment opportunity with promising returns.

In summary, this well-presented unit encapsulates comfort, convenience and potential, offering an ideal abode for downsizers, investors or first-time homebuyers looking to enter the property market. Don't miss the chance to make this your own and enjoy a lifestyle of ease and comfort in a highly sought-after location.

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Property History for 2/16 Inglis St, Maddingley, VIC 3340

A timeline of how this property has performed in the market
Last Sold
20 Aug 2024
Listed for Rent
$310/w
25 Jul 2023
  • 20 Aug 2024
    Sold for $320,000
  • 19 Apr 2024
    Listed for Sale $299,000 - $329,000
  • 21 Jul 2023
    Listed for Rent - Price not available
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About Maddingley 3340

The size of Maddingley is approximately 25.4 square kilometres. It has 18 parks covering nearly 3.8% of total area. The population of Maddingley in 2011 was 2,393 people. By 2016 the population was 3,461 showing a population growth of 44.6% in the area during that time. The predominant age group in Maddingley is 0-9 years. Households in Maddingley are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Maddingley work in a professional occupation. In 2011, 70.5% of the homes in Maddingley were owner-occupied compared with 68.5% in 2016.

Maddingley has 3,295 properties. Over the last 5 years, Houses in Maddingley have seen a 28.65% increase in median value, while Units have seen a 42.05% increase. As at 31 August 2024:

  • The median value for Houses in Maddingley is $642,723 while the median value for Units is $485,938.
  • Houses have a median rent of $480 while Units have a median rent of $450.
There are currently 65 properties listed for sale, and 12 properties listed for rent in Maddingley on OnTheHouse. According to CoreLogic's data, 145 properties were sold in the past 12 months in Maddingley.

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