OFF MARKET

3/38 Rowell Drive
Mernda VIC 3754

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 72m2
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Property Details for 3/38 Rowell Dr, Mernda

3/38 Rowell Dr, Mernda is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2011. The property has a floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in May 2019.

Building Type
Unit
Year Built
2011
Floor Size
72m2
Local Government
Whittlesea
Lot/Plan
24/PS636399

Last Listing description (May 2019)

The Perfect Start
Perfectly positioned within the Mernda Villages Estate within an easy stroll to shops, schools, parkland and transport, this modern apartment offers an outstanding investment opportunity or ideal first home.
Complemented by two spacious bedrooms with built in robes, modern kitchen with stainless steel appliances including dishwasher, meals area and living room, a West facing balcony, central bathroom, laundry plus a car space.

Offering an outstanding opportunity with neat and secure tenant in place, this property offers a wonderful opportunity for either a ready-to-go investment or first home in a peaceful location.
Age of Property: 8 years approx
Hot Water Service: Electric
Heating: Split System
Cooling: Split System
Chattels: All fixtures and fittings as inspected
Deposit Terms: 10% of Purchase Price
Preferred Settlement: 30/60 days
Rental Return: $265pw month to month
Nearest Primary School: St. Joseph's, Mernda Primary School
Nearest Secondary Schools: Hazel Glen College, Ivanhoe Grammar, Plenty Valley Christian College.
Nearest Public Transport: Mernda train station, Bus routes

Property History for 3/38 Rowell Dr, Mernda, VIC 3754

A timeline of how this property has performed in the market
Last Sold
$292,000
02 May 2019
Listed for Rent
$265/w
16 Nov 2016
  • 02 May 2019
    Sold for $292,000
  • 27 Feb 2019
    Listed for Sale Not Disclosed
  • 26 Sep 2016
    Listed for Rent $265 / 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 85 properties listed for sale, and 44 properties listed for rent in Mernda on OnTheHouse. According to CoreLogic's data, 461 properties were sold in the past 12 months in Mernda.

Suburb Insights for Mernda 3754

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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.