2/5 Midland Hwy, Mansfield is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 188m2 and floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in August 2022.
A very neat single storey unit with a fenced courtyard and a lock up garage in the heart of town! And the beautiful Botanic Park is right next door.
There is high demand and very little supply of affordable accommodation in Mansfield, especially within walking distance of High Street, making this a very low risk investment with a nice reliable return. Given the current rental scarcity, we estimate this unit would rent for at least $250 per week. It would also make an easy to maintain permanent living space with exciting potential for renovation to capitalise on the great location.
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 4,138 properties. Over the last 5 years, Houses in Mansfield have seen a 90.00% increase in median value, while Units have seen a 53.91% increase. As at 31 July 2024:
N/A
N/A
View TrendN/A
N/A
N/A
N/A
View TrendN/A
N/A
© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.