22 Knight St, Maffra is a 3 bedroom, 1 bathroom House and was built in 1965. The property has a land size of 697m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in March 2022.
This property is perfect for an astute buyer looking to invest in a solid home that has recently been renovated throughout.
The home sits on concrete stumps with the addition of an updated kitchen, bathroom and laundry along with new windows, flooring, built in robes, reverse cycle unit, switchboard and decking front and rear.
The layout includes three bedrooms and one bathroom with an open kitchen, dining and lounge area that leads out to large decking area that looks out onto the yard. The kitchen includes electric cooking and updated joinery and the tastefully renovated bathroom has a large shower, bath vanity and toilet.
The current lease is fixed until the 12th of September 2022 at $320 per week to a good tenant in place.
This property is perfect for the investor to purchase now with a solid lease and tenant ongoing.
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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