OFF MARKET

2/40 Ross Street
Sale VIC 3850

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 86m2
Land area: 128m2
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Last updated 16 Sep 2024
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Property Details for 2/40 Ross St, Sale

2/40 Ross St, Sale is a 2 bedroom, 1 bathroom Unit and was built in 1980. The property has a land size of 128m2 and floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in March 2015.

Building Type
Unit
Year Built
1980
Floor Size
86m2
Land Size
128m2

Last Listing description (August 2015)

You don't get too many opportunities to buy a unit in Ross Street and when one comes onto the market it is usually snapped up quickly.
The main attraction of the area is that it is quiet, has a lovely elevated rural outlook and is within walking distance to the CBD.
This unit is in excellent condition and is very nicely presented by a very good tenant who is paying $210 per week. The lease expires in April 2015, so if you want an affordable investment property in a top location with a good tenant, then look no further.

Alternatively if you want to live in the unit, you should also inspect as vacant possession is available upon a 60 day notice.

The unit features two good sized bedrooms both with built in robes, a spacious lounge/dining room with a reverse cycle air conditioner and ceiling fan, a galley style kitchen with gas stove and pantry, a fully equipped bathroom, separate laundry, toilet, single carport and garden shed. The back yard is paved and fully enclosed.

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Property History for 2/40 Ross St, Sale, VIC 3850

A timeline of how this property has performed in the market
Last Sold
$212,000
05 Mar 2015
Listed for Rent
$210/w
22 Oct 2014
  • 05 Mar 2015
    Sold for $212,000
  • 21 Sep 2014
    Listed for Rent $210 / week
  • 25 Aug 2014
    Listed for Sale $210,000 - $225,000
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About Sale 3850

The size of Sale is approximately 46 square kilometres. It has 35 parks covering nearly 2.8% of total area. The population of Sale in 2011 was 13,185 people. By 2016 the population was 13,673 showing a population growth of 3.7% in the area during that time. The predominant age group in Sale is 0-9 years. Households in Sale are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Sale work in a professional occupation. In 2011, 64.9% of the homes in Sale were owner-occupied compared with 63.9% in 2016.

Sale has 8,740 properties. Over the last 5 years, Houses in Sale have seen a 52.18% increase in median value, while Units have seen a 64.46% increase. As at 31 August 2024:

  • The median value for Houses in Sale is $469,092 while the median value for Units is $314,166.
  • Houses have a median rent of $470 while Units have a median rent of $360.
There are currently 139 properties listed for sale, and 28 properties listed for rent in Sale on OnTheHouse. According to CoreLogic's data, 323 properties were sold in the past 12 months in Sale.

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