4 Rathkeale AvenueMount Helen VIC 3350
Property Details for 4 Rathkeale Ave, Mount Helen
4 Rathkeale Ave, Mount Helen is a 4 bedroom, 2 bathroom Unit with 2 parking spaces. The property has a land size of 1079m2.
Last Listing description (August 2019)
This Mount Helen investment property on just over 1000m2 would be a solid investment for your super fund and provides plenty of extra flat land to possibly build a third unit on. We are offering two individually titled dwellings as one parcel, giving you the flexibility that sole ownership can offer. Live in one, air B and B or straight rental, the choice could be yours. At present, a stable tenant is renting the front unit at $210 per week with the rear unit vacant and complete with new carpet, drapes and lino. Both are two- bedroom brick units with galley style kitchens, exposed brick walls for low maintenance and spacious bedrooms along with separate carports. Close to the city and Federation University, there have never been any trouble finding a tenant. The opportunity also exists to rationalize the site into one building block for those seeking a flat building site in Mount Helen.If you are looking for a sound investment with future possibilities to value add, then call today for more information.
Property History for 4 Rathkeale Ave, Mount Helen, VIC 3350
- 01 Aug 2019Listed for Sale Not Disclosed
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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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