61 Macrina St, Oakleigh East is a 3 bedroom, 2 bathroom Unit. The property has a land size of 762m2 and floor size of 200m2. While the property is not currently for sale or for rent, it was last sold in December 2020.
With 2 units on a single title, currently leased and resting on a large allotment of approx. 750 M2, this property is a ready made investment offering instant returns, making it great for investors or those with extended families and those with self-managed superannuation funds.
Furthermore, you could also look at their potential for renovation and subdivision, meaning that they could be re-rented or on-sold separately in the future that could provide you with an attractive short term windfall.
And then, developers could also explore its potential for a complete redevelopment (STCA) which would also always be attractive, due to its proximity to local shopping, buses, Amsleigh Primary Schools, Chadstone Shopping Centre, Oakleigh Central, Clayton Central, Monash University and major arterials.
The size of Oakleigh East is approximately 2.1 square kilometres. It has 6 parks covering nearly 5.4% of total area. The population of Oakleigh East in 2011 was 5,972 people. By 2016 the population was 6,432 showing a population growth of 7.7% in the area during that time. The predominant age group in Oakleigh East is 20-29 years. Households in Oakleigh East are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Oakleigh East work in a professional occupation. In 2011, 62.8% of the homes in Oakleigh East were owner-occupied compared with 61.4% in 2016.
Oakleigh East has 3,512 properties. Over the last 5 years, Houses in Oakleigh East have seen a 23.34% increase in median value, while Units have seen a 10.14% increase. As at 31 October 2024:
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