116 Powerscourt St, Maffra is a 2 bedroom, 1 bathroom House and was built in 1960. The property has a land size of 946m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in February 2022.
This property provides a great opportunity to enter the current real estate market at a sub $300K price, whilst acquiring a good sized block of land along the way.
Set on 940m2 of land is this very neat two bedroom home with shedding and established yard. Close proximity to the Foodworks convenience store, this comfortable home has been renovated over time and presents an updated kitchen with dishwasher, cosy lounge with gas heating and reverse cycle unit, LED lighting, ceilings fans, re-stumped, re-wired and re-roofed.
All in all this property is a must to inspect for the first home buyer or investor.
For a Due Diligence Checklist go to: consumer.vic.gov.au/duediligencechecklist
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 3,051 properties. Over the last 5 years, Houses in Maffra have seen a 64.46% increase in median value, while Units have seen a 50.12% increase. As at 31 October 2024:
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