OFF MARKET

2/7 Cassia Street
Notting Hill VIC 3168

Bedrooms: 1
Bathrooms: 2
Car spaces: 3
Land area: 289m2
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Last updated 9 Sep 2024
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Property Details for 2/7 Cassia St, Notting Hill

2/7 Cassia St, Notting Hill is a 1 bedroom, 2 bathroom Unit with 3 parking spaces and was built in 1970. The property has a land size of 289m2. While the property is not currently for sale or for rent, it was last sold in August 2006.

Building Type
Unit
Year Built
1970
Land Size
289m2
Local Government
Monash
Lot/Plan
2/PS534744

Last Listing description (July 2007)

Perfect investment!
This property is currently rented at $650 per week ($130 per room); positive cash income over the last 4 years. A great investment opportunity you would not be able to resist!!! The 5 bedroom house is in the close proximity to Monash University; a popular spot for students & young professionals. If you want to run this business we can show you how to increase rent to $220 per room per week. Interested? Please call Ilana at 0411 604 087 or Lina at 0403 475 420. Melway Ref 70H9.
Additional feature - workshop/storage.

Property History for 2/7 Cassia St, Notting Hill, VIC 3168

A timeline of how this property has performed in the market
Last Sold
$340,000
12 Aug 2006
Listed for Rent
$145/w
05 Mar 2010
  • 09 Sep 2009
    Listed for Rent - Price not available
  • 05 Apr 2009
    Listed for Rent - Price not available
  • 26 Aug 2008
    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 2,221 properties. Over the last 5 years, Houses in Notting Hill have seen a 17.77% increase in median value, while Units have seen a 6.21% increase. As at 31 August 2024:

  • The median value for Houses in Notting Hill is $1,235,641 while the median value for Units is $383,514.
  • Houses have a median rent of $575 while Units have a median rent of $500.
There are currently 13 properties listed for sale, and 9 properties listed for rent in Notting hill on OnTheHouse. According to CoreLogic's data, 71 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.