SOLD
Sold on 16 Jul 2024 for $299,000

1/40 King Street
Maffra VIC 3860

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 115m2
Land area: 293m2
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Property Details for 1/40 King St, Maffra

1/40 King St, Maffra is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 1985. The property has a land size of 293m2 and floor size of 115m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Townhouse sold in Maffra in the last 12 months.

Building Type
Townhouse
Year Built
1985
Floor Size
115m2
Land Size
293m2
Local Government
Wellington
Lot/Plan
1/PS736779

Last Listing description (July 2024)

* Brick veneer townhouse within walking distance to main street
* 2 bedrooms
* Separate lounge with reverse cycle air conditioner

* Modern kitchen with stainless steel appliances including dishwasher
* Refurbished bathroom featuring separate shower and bath
* Car parking at rear
* Front unit of 3 unit complex
* Currently rented for $370 per week on fixed term lease 17/06/2024

Property History for 1/40 King St, Maffra, VIC 3860

A timeline of how this property has performed in the market
Last Sold
$299,000
16 Jul 2024
Listed for Rent
$370/w
15 Nov 2023
  • 16 Jul 2024
    Sold for $299,000
  • 17 Jun 2024
    Listed for Rent $380 / week
  • 08 Nov 2023
    Listed for Rent $370 / week
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About Maffra 3860

The size of Maffra is approximately 82.4 square kilometres. It has 17 parks covering nearly 1.9% of total area. The population of Maffra in 2011 was 5,113 people. By 2016 the population was 5,264 showing a population growth of 3.0% in the area during that time. The predominant age group in Maffra is 50-59 years. Households in Maffra are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Maffra work in a trades occupation. In 2011, 72.7% of the homes in Maffra were owner-occupied compared with 72.8% in 2016.

Maffra has 3,054 properties. Over the last 5 years, Houses in Maffra have seen a 65.56% increase in median value, while Units have seen a 43.92% increase. As at 31 August 2024:

  • The median value for Houses in Maffra is $422,865 while the median value for Units is $295,197.
  • Houses have a median rent of $420 while Units have a median rent of $320.
There are currently 5 properties listed for sale, and 1 property listed for rent in Maffra on OnTheHouse. According to CoreLogic's data, 121 properties were sold in the past 12 months in Maffra.

Suburb Insights for Maffra 3860

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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.