OFF MARKET

8/1 Betty Krake Drive
Red Cliffs VIC 3496

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 141m2
Land area: 517m2
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Property Details for 8/1 Betty Krake Dr, Red Cliffs

8/1 Betty Krake Dr, Red Cliffs is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2015. The property has a land size of 517m2 and floor size of 141m2. While the property is not currently for sale or for rent, it was last sold in July 2023.

Building Type
Unit
Year Built
2015
Floor Size
141m2
Land Size
517m2
Local Government
Mildura
Lot/Plan
8/PS619465

Last Listing description (August 2023)

This beautiful family home is the complete package with 3 comfortable bedrooms, separate main lounge room, central modern kitchen with open plan meals and living area.

Boasting a large outdoor undercover entertaining area, 3x3m shed, established gardens and plenty of lawn for the kids to run and play. While the front of the home is surrounded by hedges and tall pines providing exceptional privacy.

Presenting an extraordinary opportunity for first home buyers, retirees or investors looking to expand their portfolio.

Features Include:
- Ducted and zoned reverse cycle heating and cooling
- Ceiling fans in all bedrooms
- 900mm gas cooktop & electric oven
- Dishwasher
- Master bedroom with ensuite and walk-in robe
- Built-in robes to bedrooms 2 and 3
- Double garage with automatic door
- Paved undercover outdoor area
- 3x3m shed

Expected rental return $400 per week.

Land Size - 518m2
Circa - 2015

Outgoings:
Water rates - $181 per quarter
Council rates - $2292 per annum
Owners Corporation - $231 per quarter (Includes building insurance)

Property History for 8/1 Betty Krake Dr, Red Cliffs, VIC 3496

A timeline of how this property has performed in the market
Last Sold
$410,000
14 Jul 2023
  • 14 Jul 2023
    Sold for $410,000
  • 07 Mar 2023
    Listed for Sale Under Offer
  • 20 Aug 2014
    Sold for $40,000

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About Red Cliffs 3496

The size of Red Cliffs is approximately 206.2 square kilometres. It has 9 parks covering nearly 21% of total area. The population of Red Cliffs in 2011 was 4,626 people. By 2016 the population was 5,073 showing a population growth of 9.7% in the area during that time. The predominant age group in Red Cliffs is 50-59 years. Households in Red Cliffs are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Red Cliffs work in a labourer occupation. In 2011, 70.1% of the homes in Red Cliffs were owner-occupied compared with 70.6% in 2016.

Red Cliffs has 2,884 properties. Over the last 5 years, Houses in Red Cliffs have seen a 83.47% increase in median value, while Units have seen a 54.06% increase. As at 31 October 2024:

  • The median value for Houses in Red Cliffs is $363,272 while the median value for Units is $385,079.
  • Houses have a median rent of $395 while Units have a median rent of $348.
There are currently 41 properties listed for sale, and 2 properties listed for rent in Red cliffs on OnTheHouse. According to CoreLogic's data, 126 properties were sold in the past 12 months in Red cliffs.

Suburb Insights for Red Cliffs 3496

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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.