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Sold on 29 Feb 2024 - Price Unavailable

202/40 Rowell Drive
Mernda VIC 3754

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 202/40 Rowell Dr, Mernda

202/40 Rowell Dr, Mernda is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom Apartment sold in Mernda in the last 12 months.

Building Type
Apartment
Local Government
Whittlesea
Lot/Plan
45/PS636399

Last Listing description (February 2024)

If you are looking for exceptional value, then look no further. This neat apartment is simply ideal if you are looking at getting into the property market, downsizing or to rent out.

Features an open plan living area leading out to the scenic balcony, well equipped kitchen with stone benches and two good size bedrooms.

Also comprising of central bathroom, high ceilings, secure entry, downlighting and split system.

Complete with fresh paint, car spot and located only minutes to beautiful parklands, shopping centres, local schools and public transport.

Inspect with confidence. Call now.

Age: 12 Years (approx)
Sale Terms: 10% Deposit / Balance 30/60 Days
Estimated Rental Return: $360 to $380 per week (approx)
Owners Corp: $810.19 per quarter (approx)

Property History for 202/40 Rowell Dr, Mernda, VIC 3754

A timeline of how this property has performed in the market
Last Sold
29 Feb 2024
Listed for Rent
$299/w
11 Sep 2020
  • 15 Feb 2024
    Sold for $305,000
  • 22 Nov 2023
    Listed for Sale $275,000 to $302,500
  • 28 Apr 2020
    Listed for Rent $300 / week
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About Mernda 3754

The size of Mernda is approximately 22.5 square kilometres. It has 104 parks covering nearly 9.4% of total area. The population of Mernda in 2011 was 6,507 people. By 2016 the population was 16,469 showing a population growth of 153.1% in the area during that time. The predominant age group in Mernda is 30-39 years. Households in Mernda are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mernda work in a professional occupation. In 2011, 79.8% of the homes in Mernda were owner-occupied compared with 69.9% in 2016.

Mernda has 10,621 properties. Over the last 5 years, Houses in Mernda have seen a 26.53% increase in median value, while Units have seen a 17.43% increase. As at 31 October 2024:

  • The median value for Houses in Mernda is $726,272 while the median value for Units is $467,305.
  • Houses have a median rent of $550 while Units have a median rent of $480.
There are currently 86 properties listed for sale, and 42 properties listed for rent in Mernda on OnTheHouse. According to CoreLogic's data, 464 properties were sold in the past 12 months in Mernda.

Suburb Insights for Mernda 3754

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Nick Petrovski
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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.