OFF MARKET

2/3 Rusden Place
Notting Hill VIC 3168

Bedrooms: 1
Bathrooms: 1
Car spaces: 2
Floor area: 67m2
Land area: 2475m2
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Property Details for 2/3 Rusden Pl, Notting Hill

2/3 Rusden Pl, Notting Hill is a 1 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 2004. The property has a land size of 2475m2 and floor size of 67m2. While the property is not currently for sale or for rent, it was last sold in January 2024.

Building Type
Unit
Year Built
2004
Floor Size
67m2
Land Size
2475m2
Local Government
Monash
Lot/Plan
2/PS527867

Last Listing description (March 2024)

This instantly engaging apartment conveys a sensational appeal for first investors or those just starting out. A ready pool of tenants at the door with Monash University and hospitals.
Currently leased until 1st March 2024 for $18,720.00 p.a. (tenants keen to remain), investors can expect gross rental returns in excess of 5.0% p.a. Property has a rental potential of $410/week or $21,320 per year. The Body Corporate Fees are a very manageable $$1,934 per annum.
Location perfect, enjoy the convenience, just moments from Monash University and the new Monash Heart Hospital, Pinewood Shopping Centre, Brentwood Secondary catchment, and Clayton Station only minutes away. Easy access to the M1, and on to Melbourne CBD in approximately 25 minutes.

On the ground floor in a popular Notting Hill precinct, an impressive, modern apartment with an excellent floor plan. Two generous bedrooms (wall heaters), a large modern bathroom, European laundry, abundant storage, plus a powder room (yes, 2 toilets). The kitchen with stainless steel cooking appliances, stone benchtops and plenty of storage, opens to the spacious living/dining with glass sliders to the large, North facing, undercover downlit alfresco balcony.

The apartment offers secure, undercover parking for two vehicles (on title), plus secure intercom access, basement storage room, and split system heating and cooling.
JUST SO CONVENIENT:

1.4km to Monash University
8-minute drive to Monash Medical Centre, Syndal Station, Clayton Station and Ikea
5-minute drive to Pinewood Primary School and Pinewood Shopping Centre
2.9km to Brandon Park Shopping Centre
10-minute drive to Chadstone Shopping Centre
1.7km to Notting Hill Hotel

Property History for 2/3 Rusden Pl, Notting Hill, VIC 3168

A timeline of how this property has performed in the market
Last Sold
$385,000
19 Jan 2024
Listed for Rent
$340/w
16 Dec 2020
  • 19 Jan 2024
    Sold for $385,000
  • 06 Nov 2023
    Listed for Sale $385,000
  • 12 Mar 2021
    Listed for Rent - Price not available
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About Notting Hill 3168

The size of Notting Hill is approximately 1.6 square kilometres. It has 1 park covering nearly 0.3% of total area. The population of Notting Hill in 2011 was 2,161 people. By 2016 the population was 3,041 showing a population growth of 40.7% in the area during that time. The predominant age group in Notting Hill is 20-29 years. Households in Notting Hill are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Notting Hill work in a professional occupation. In 2011, 50.8% of the homes in Notting Hill were owner-occupied compared with 41% in 2016.

Notting Hill has 2,225 properties. Over the last 5 years, Houses in Notting Hill have seen a -4.42% decrease in median value, while Units have seen a -9.34% decrease. As at 31 January 2025:

  • The median value for Houses in Notting Hill is $1,209,702 while the median value for Units is $370,881.
  • Houses have a median rent of $580 while Units have a median rent of $550.
There are currently 12 properties listed for sale, and 7 properties listed for rent in Notting hill on OnTheHouse. According to CoreLogic's data, 88 properties were sold in the past 12 months in Notting hill.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.