4 Eddy AvenueMount Helen VIC 3350
Property Details for 4 Eddy Ave, Mount Helen
4 Eddy Ave, Mount Helen is a 4 bedroom, 2 bathroom Unit with 2 parking spaces. The property has a land size of 905m2.
Last Listing description (July 2018)
Great opportunity to purchase this neat and tidy, 2 Unit complex located close to Federation University, IBM and State Emergency Call Centre. With quality schools close by. These units are well maintained, with a combined rental yield of approximately 5.8%. They offer an exceptional investment for any investor.
Currently leased at $195 per week, per unit
Both units have two bedrooms, one in each with built in robes, large open dining/living areas with gas wall furnace and good sized adjoining kitchens with plenty of cupboard space
Landsize: approximately 905 sqm
Building inspection & section 32 available on request
Property History for 4 Eddy Ave, Mount Helen, VIC 3350
- 03 May 2018Listed for Sale $350,000
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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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