65 Hotham RoadNiddrie VIC 3042
Property Details for 65 Hotham Rd, Niddrie
65 Hotham Rd, Niddrie is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 646m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 3 bedroom House sold in Niddrie in the last 12 months.
Last Listing description (October 2024)
This three bedroom home, situated on a generous block of land 646sqm(approx), offers a unique opportunity for developers, home owners and investors. With plans and a planning permit already in place for two townhouses, the property presents an exciting prospect for those looking to capitalize on the thriving Niddrie market.
Currently leased for $1,673 per month with a fixed tenancy in place until July 2024, the property offers a steady income stream for investors looking to add to their portfolios.
The home itself boasts three generous sized bedrooms, each with split system air-conditioners, a well-appointed kitchen with meals area leading into a large lounge, an updated bathroom, a double car garage, and a spacious backyard.
Property History for 65 Hotham Rd, Niddrie, VIC 3042
- 14 Apr 2024Sold for $1,130,000
- 13 Nov 2023Listed for Sale Not Disclosed
- 10 Nov 2021Listed for Rent $375 / week
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About Niddrie 3042
The size of Niddrie is approximately 1.9 square kilometres. It has 10 parks covering nearly 5.5% of total area. The population of Niddrie in 2011 was 4,874 people. By 2016 the population was 5,455 showing a population growth of 11.9% in the area during that time. The predominant age group in Niddrie is 40-49 years. Households in Niddrie are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Niddrie work in a professional occupation. In 2011, 76.2% of the homes in Niddrie were owner-occupied compared with 73% in 2016.
Niddrie has 3,133 properties. Over the last 5 years, Houses in Niddrie have seen a 15.54% increase in median value, while Units have seen a 7.09% increase. As at 31 October 2024:
- The median value for Houses in Niddrie is $1,188,741 while the median value for Units is $728,804.
- Houses have a median rent of $650 while Units have a median rent of $600.
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