SOLD
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Sold on 04 Sep 2024 for $360,000

3/5 Elgin Street
Sale VIC 3850

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 219m2
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Property Details for 3/5 Elgin St, Sale

3/5 Elgin St, Sale is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 219m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom Unit sold in Sale in the last 12 months.

Building Type
Unit
Land Size
219m2

Last Listing description (September 2024)

Unit 3/5 Elgin Street is a charming neat, and tidy unit, perfectly positioned for convenient access to the Lake Guthridge Precinct, Health Services, and the CBD.

Ideal for downsizers, investors, or those looking to make an entry into the property market. Recently painted throughout, it offers a fresh and inviting atmosphere.

The unit features a spacious, light, and bright open-plan kitchen, dining, and living area, equipped with a split system, gas heating, and a ceiling fan to ensure comfort throughout the year. The well-equipped kitchen provides ample bench and cupboard space.

There are two generously sized bedrooms, both newly carpeted and fitted with built-in robes, providing plenty of storage space. These bedrooms are serviced by a central bathroom, complete with a vanity, bath, and shower. Additionally, there is a separate laundry and a linen press in the hallway for extra storage.

Outside, the property offers a lovely low-maintenance yard with established lawn and garden, perfect for enjoying the afternoon sun. There is also a garden shed and a single garage with access to the backyard, providing practicality and convenience.

This unit presents a wonderful opportunity to enjoy a comfortable and convenient lifestyle in a prime location.

For a Due Diligence Checklist go to: consumer.vic.gov.au/duediligencechecklist

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Property History for 3/5 Elgin St, Sale, VIC 3850

A timeline of how this property has performed in the market
Last Sold
$360,000
04 Sep 2024
  • 06 Sep 2024
    Sold for $360,000
  • 12 Jul 2024
    Listed for Sale $369,000
  • 12 Feb 2003
    Sold for $122,500
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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 8,766 properties. Over the last 5 years, Houses in Sale have seen a 47.25% increase in median value, while Units have seen a 49.11% increase. As at 30 November 2024:

  • The median value for Houses in Sale is $470,538 while the median value for Units is $320,588.
  • Houses have a median rent of $470 while Units have a median rent of $370.
There are currently 160 properties listed for sale, and 36 properties listed for rent in Sale on OnTheHouse. According to CoreLogic's data, 324 properties were sold in the past 12 months in Sale.

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Christine Haylock
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Wellington Real Estate
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