7/5 Midland HighwayMansfield VIC 3722
Property Details for 7/5 Midland Hwy, Mansfield
7/5 Midland Hwy, Mansfield is a 2 bedroom, 1 bathroom Unit and was built in 1970. The property has a land size of 146m2 and floor size of 71m2. While the property is not currently for sale or for rent, it was last sold in September 2022.
Last Listing description (November 2024)
As every smart investor or home owner knows, location is key, and you can't get any better than this! Newly renovated in an established set of units, there is direct access to the botanic gardens meters away from the front door and a short stroll to the heart of town.
Key Features:
* Two generously sized bedrooms with built in robes
* Open plan living and dining area
* Split system
* Separate single car lockup garage
* Beautiful landscaped private garden with cozy outdoor entertaining area
* Situated on 2.96 acres
With high demand and very little supply of affordable accommodation in Mansfield, this is a very low risk investment with a guaranteed reliable return. Or enjoy the low maintenance living for a great first home or retirement option.
Property History for 7/5 Midland Hwy, Mansfield, VIC 3722
- 01 Oct 2024Listed for Sale $440,000 - $480,000
- 17 Sep 2022Sold for $1,000
- 02 Aug 2022Listed for Sale $330,000 - $360,000
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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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