SOLD
Sold on 20 May 2024 for $400,000

48 Gibney Street
Maffra VIC 3860

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 128m2
Land area: 960m2
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Property Details for 48 Gibney St, Maffra

48 Gibney St, Maffra is a 2 bedroom, 1 bathroom House and was built in 1950. The property has a land size of 960m2 and floor size of 128m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom House sold in Maffra in the last 12 months.

Building Type
House
Year Built
1950
Floor Size
128m2
Land Size
960m2
Local Government
Wellington
Lot/Plan
6/LP11107

Last Listing description (June 2024)

* Centrally located weatherboard home
* 2 spacious bedrooms
* Large open plan design

* Kitchen features gas stove, dishwasher and pantry
* Updated floor coverings and blinds throughout
* Solid fuel heater plus reverse cycle air conditioner
* Undercover timber deck at rear
* 7.5m x 12m colorbond garage/workshop
* Currently rented for $360 per week on fixed term lease ending May 2024
* Ideal first home at affordable price

Property History for 48 Gibney St, Maffra, VIC 3860

A timeline of how this property has performed in the market
Last Sold
$400,000
20 May 2024
Listed for Rent
$365/w
05 May 2023
  • 01 Jun 2024
    Listed for Sale $410,000
  • 20 May 2024
    Sold for $400,000
  • 28 Dec 2023
    Listed for Sale $410,000
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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, 120 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.