SOLD
Sold on 26 Apr 2024 for $730,000

1/27 Hunter Street
Mansfield VIC 3722

Bedrooms: 5
Bathrooms: 2
Car spaces: -
Floor area: 170m2
Land area: 1218m2
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Property Details for 1/27 Hunter St, Mansfield

Building Type
Land
Year Built
1998
Floor Size
170m2
Land Size
1218m2
Local Government
Mansfield
Lot/Plan
1/PS821313

Last Listing description (October 2023)

This is your chance to spread out, relax and enjoy a spacious, convenient life and reap the rewards of this giant 2,198m2 allotment. A very rare find, right in the centre of town, this block also presents an exceptional investment opportunity to subdivide or develop with an approved, current planning permit for a four-lot subdivision.

In a leafy and central position, there is growing demand for four low-maintenance town houses to satisfy the growing housing need in Mansfield. Whether you build a single home now or continue down the process to subdivide, this is a prime location, with ultra-close walking distance to all schools, childcare centre, the Botanic Park, shops and doctors.

Move in and build:

- A giant 2,198m2 allotment
- Titled ready to build now
- Fully fenced and secure
- Fully serviced - power, water, sewer and NBN
- 6m x 9m shed with solar system
- Quiet community setting, tucked away from main street
- Short walking distance to High Street
- Close to New Street walking trail along Ford Creek to Botanic Park

Subdivide or develop:
- Approved planning permit for four lot subdivision
- Engineer civil construction drawings prepared
- Upgraded electricity to accommodate additional blocks
- Installed NBN connection to suit four lots
- Upgraded water and sewerage to suit subdivision
- Open space levy already paid to Council
- Quotes from land surveyor and electrical contractor

Proposed subdivision lot sizing:
- Lot one: 429m2
- Lot two: 434m2
- Lot three: 438m2
- Lot four: 561m2

Property History for 1/27 Hunter St, Mansfield, VIC 3722

A timeline of how this property has performed in the market
Last Sold
$730,000
26 Apr 2024
  • 26 Apr 2024
    Sold for $730,000
  • 29 Jun 2023
    Listed for Sale $815,000

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About Mansfield 3722

The size of Mansfield is approximately 269.8 square kilometres. It has 7 parks covering nearly 0.4% of total area. The population of Mansfield in 2011 was 4,359 people. By 2016 the population was 4,799 showing a population growth of 10.1% in the area during that time. The predominant age group in Mansfield is 60-69 years. Households in Mansfield are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Mansfield work in a trades occupation. In 2011, 69.6% of the homes in Mansfield were owner-occupied compared with 69.6% in 2016.

Mansfield has 4,169 properties. Over the last 5 years, Houses in Mansfield have seen a 76.68% increase in median value, while Units have seen a 58.04% increase. As at 31 October 2024:

  • The median value for Houses in Mansfield is $812,332 while the median value for Units is $520,040.
  • Houses have a median rent of $550 while Units have a median rent of $455.
There are currently 66 properties listed for sale, and 3 properties listed for rent in Mansfield on OnTheHouse. According to CoreLogic's data, 110 properties were sold in the past 12 months in Mansfield.

Suburb Insights for Mansfield 3722

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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.