OFF MARKET

118 Malcolm Street
Mansfield VIC 3722

Bedrooms: 4
Bathrooms: 2
Car spaces: 1
Floor area: 140m2
Land area: 1031m2
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Last updated 28 Oct 2024
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Property Details for 118 Malcolm St, Mansfield

118 Malcolm St, Mansfield is a 4 bedroom, 2 bathroom House with 1 parking spaces and was built in 1985. The property has a land size of 1031m2 and floor size of 140m2. While the property is not currently for sale or for rent, it was last sold in July 2022.

Building Type
House
Year Built
1985
Floor Size
140m2
Land Size
1031m2
Local Government
Mansfield
Lot/Plan
69A/PP3056

Last Listing description (July 2022)

PLEASE SEND ENQUIRY TO REGISTER TO ATTEND OPEN INSPECTION. WE WILL REPLY WITH A LINK TO COMPLETE AN ONLINE DECLARATION THAT FORMS PART OF OUR COVID SAFE PLAN.

With a bit of imagination and elbow grease you could create an amazing family home in what is a fabulous location in the heart of this booming regional town. The block is huge (1031m2 ) so you could potentially subdivide and build some units or keep it all to yourself and maybe drop in a pool to enjoy with your family and friends. Please note we have added some virtual furniture to the photos to help demonstrate the size of the rooms.

The current floorplan includes three bedrooms with built in robes including a master with an en-suite bathroom. As well as the main living room, there is a huge rumpus room which could be used as a fourth bedroom. It would be an ideal teenage hangout.

There's also a separate kitchen and dining area that opens onto a covered alfresco area and then you are out into that huge backyard, complete with a decent shed/garage.
With the current high demand and very short supply of rental accommodation this property could also make a great investment property.

With a bit of work completed we estimate an income potential of $450 - $470 per week is achievable, very handy if you want an income while you work on your subdivision plans.

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Property History for 118 Malcolm St, Mansfield, VIC 3722

A timeline of how this property has performed in the market
Last Sold
$695,000
01 Jul 2022
  • 01 Jul 2022
    Sold for $695,000
  • 20 Jun 2022
    Listed for Sale $650,000 - $700,000
  • 08 Oct 2013
    Sold for $315,000
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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 4,137 properties. Over the last 5 years, Houses in Mansfield have seen a 82.52% increase in median value, while Units have seen a 56.07% increase. As at 30 September 2024:

  • The median value for Houses in Mansfield is $842,893 while the median value for Units is $517,134.
  • Houses have a median rent of $545 while Units have a median rent of $460.
There are currently 63 properties listed for sale, and 4 properties listed for rent in Mansfield on OnTheHouse. According to CoreLogic's data, 104 properties were sold in the past 12 months in Mansfield.

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