OFF MARKET

20 Trood Street
Sale VIC 3850

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 62m2
Land area: 565m2
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Last updated 16 Sep 2024
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Property Details for 20 Trood St, Sale

20 Trood St, Sale is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1960. The property has a land size of 565m2 and floor size of 62m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
Unit
Year Built
1960
Floor Size
62m2
Land Size
565m2
Local Government
Wellington
Lot/Plan
1/PS530587

Last Listing description (September 2023)

This property offers an excellent opportunity and return, bringing in $580pw! That's over 7% return!

Unit 1 has been recently updated with new flooring and paint throughout. Offering 2 bedrooms, open plan living, dining and simple kitchen with gas cooking and split system for heating and cooling.
Outside there is a small yard with a single undercover, carport for parking.

Currently leased till July 2023 at $280pw

Unit 2 offers 2 bedrooms, simple yet functional kitchen with gas cooking. Carpeted lounge area with wood fire and gas wall heater. Outside also has a small fully fenced yard with garden shed and single undercover, carport for parking.
New 12 month lease just approved at $300pw

Together, this property represents a great investment with excellent return.
Get in quick and don't miss this opportunity.
For a Due Diligence Checklist go to: consumer.vic.gov.au/duediligencechecklist

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Property History for 20 Trood St, Sale, VIC 3850

A timeline of how this property has performed in the market
Last Sold
$385,000
17 Aug 2023
  • 17 Aug 2023
    Sold for $385,000
  • 30 Nov 2022
    Listed for Sale $425,000
  • 01 May 2020
    Sold for $235,000

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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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