SOLD
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Sold on 31 Dec 2023 - Price Unavailable

8 Carob Court
Mansfield VIC 3722

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 800m2
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Property Details for 8 Carob Ct, Mansfield

Building Type
Land
Land Size
800m2
Local Government
Mansfield
Lot/Plan
8/PS808423

Last Listing description (December 2023)

Are you ready to build your new home in a family friendly location? This block is tucked away in a quiet court within easy walking distance of all of Mansfield's schools, medical services and bustling high street. It's already titled with all town services available for connection, so you don't need to wait for development works to be completed.

If you are an astute investor, this would be an ideal location to subdivide further and build two units (subject to council approval). Rental properties are scarce in the area and a huge demand has pushed rental returns higher.

The block is nice and level so you shouldn't have any nasty surprises with site costs or retaining walls and there are some lovely views from the backyard!

Property History for 8 Carob Ct, Mansfield, VIC 3722

A timeline of how this property has performed in the market
Last Sold
31 Dec 2023
  • 31 Dec 2023
    Sold for $360,000
  • 26 Sep 2020
    Sold for $185,000
  • 15 Aug 2019
    Listed for Sale Not Disclosed

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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 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 65 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.

Suburb Insights for Mansfield 3722

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Contact agent
Jenny Gould
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Dpg Sales Team
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District Property Group
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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.