5/2-3 The Gums, Mount Clear is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 99m2 and floor size of 52m2. While the property is not currently for sale or for rent, it was last sold in February 2019.
This very neat one bedroom property is located in a quiet suburban neighborhood close to shops, transport and Federation University.
Ideally suited to the owner occupier looking for BARGAIN accommodation or the astute investor looking to enter the market at a very affordable level.
Potential rent return of approximately of $10,000.00 PA
The size of Mount Clear is approximately 9.9 square kilometres. It has 8 parks covering nearly 1.7% of total area. The population of Mount Clear in 2011 was 2,905 people. By 2016 the population was 3,365 showing a population growth of 15.8% in the area during that time. The predominant age group in Mount Clear is 20-29 years. Households in Mount Clear are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Mount Clear work in a professional occupation. In 2011, 64.9% of the homes in Mount Clear were owner-occupied compared with 62% in 2016.
Mount Clear has 1,853 properties. Over the last 5 years, Houses in Mount Clear have seen a 26.97% increase in median value, while Units have seen a 24.31% increase. As at 31 October 2024:
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