2/4 Rathkeale AvenueMount Helen VIC 3350
Property Details for 2/4 Rathkeale Ave, Mount Helen
2/4 Rathkeale Ave, Mount Helen is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2013. The property has a land size of 268m2 and floor size of 87m2.
Last Listing description (November 2024)
Located so close to the Federation University at Mt Helen, these two homes would be a solid investment in their current form; however, they are on a block of just over 1,000 square metres and with so much extra land available, perhaps there is scope to construct a third home?
Each of the homes have 2 bedrooms, are of brick construction with tiled roofs, and come with galley style kitchens, exposed brick walls for low maintenance and spacious bedrooms along with separate carports.
With the prospect of a value add in the future, these homes are close to shops, public transport, and with the University and Technology Park over the road, there has never been any trouble finding a tenant, so this unique property is well worth your consideration.
If you are looking for a sound investment today with loads of future possibilities, then call Luke Veal on 0438 302 805 for more information.
Property History for 2/4 Rathkeale Ave, Mount Helen, VIC 3350
- 24 Aug 2024Listed for Rent $325 / week
- 14 Aug 2024Listed for Sale $649,000
- 17 Aug 2022Listed for Rent $300 / week
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About Mount Helen 3350
The size of Mount Helen is approximately 11.8 square kilometres. It has 8 parks covering nearly 3.3% of total area. The population of Mount Helen in 2011 was 2,718 people. By 2016 the population was 2,974 showing a population growth of 9.4% in the area during that time. The predominant age group in Mount Helen is 20-29 years. Households in Mount Helen are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mount Helen work in a professional occupation. In 2011, 81.9% of the homes in Mount Helen were owner-occupied compared with 76.3% in 2016.
Mount Helen has 1,340 properties. Over the last 5 years, Houses in Mount Helen have seen a 40.92% increase in median value, while Units have seen a 17.98% increase. As at 31 October 2024:
- The median value for Houses in Mount Helen is $653,508 while the median value for Units is $395,969.
- Houses have a median rent of $450 while Units have a median rent of $340.
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