3/5 Midland HighwayMansfield VIC 3722
Property Details for 3/5 Midland Hwy, Mansfield
3/5 Midland Hwy, Mansfield is a 2 bedroom, 1 bathroom House and was built in 1975. The property has a land size of 186m2 and floor size of 71m2. While the property is not currently for sale or for rent, it was last sold in December 2022.
Last Listing description (September 2023)
There's good reason that this is the most popular catch cry in real estate, especially for property investors. Here we have a neat single storey unit with a courtyard garden in the heart of town. 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. It would also make an easy to maintain permanent living space with exciting potential for renovation to capitalise on the great location.
In addition to the open plan living area and kitchen, there are two decent sized bedrooms with built in robes, one bathroom, a laundry and a separate WC plus the private courtyard. The unit is cosy and comfortable with a split system in the main living area and zoned floor heating. Other photos and walk through video available upon request.
Property History for 3/5 Midland Hwy, Mansfield, VIC 3722
- 02 Aug 2023Listed for Sale Not Disclosed
- 13 Dec 2022Sold for $316,000
- 08 Dec 2022Listed for Sale $290,000 - $315,000
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0About 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 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.
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