OFF MARKET

16 Mcadam Street
Maffra VIC 3860

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 118m2
Land area: 1166m2
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Property Details for 16 Mcadam St, Maffra

16 Mcadam St, Maffra is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 1166m2 and floor size of 118m2. While the property is not currently for sale or for rent, it was last transferred in October 2016.

Building Type
House
Year Built
1960
Floor Size
118m2
Land Size
1166m2
Local Government
Wellington
Lot/Plan
50/LP8474

Last Listing description (January 2016)

This is a classic case of not judging the book by its cover, you must inspect it to fully appreciate it.
This three bedroom house has a nice open plan with plenty of light and features timber floors, a renovated kitchen with gas stove and walk in pantry, built in robes in all three bedrooms and a much improved, fully equipped bathroom.
The home is situated on a surprisingly large block ( at least 1/4 acre ) and has a single carport, lock up garage/workshop and a huge back yard.

The property should rent for around $250 per week.
That's almost a 7% return.
This property will surprise you and is perfect for first home buyers and investors wanting an affordable property in Maffra.

Property History for 16 Mcadam St, Maffra, VIC 3860

A timeline of how this property has performed in the market
Last Transferred
24 Oct 2016
  • 24 Oct 2016
    Transferred
  • 25 Jun 2014
    Listed for Sale $195,000
  • 27 Aug 2003
    Sold for $120,000
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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 3,051 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:

  • The median value for Houses in Maffra is $420,269 while the median value for Units is $316,391.
  • Houses have a median rent of $420 while Units have a median rent of $343.
There are currently 6 properties listed for sale, and 1 property listed for rent in Maffra on OnTheHouse. According to CoreLogic's data, 119 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.