OFF MARKET

62 Macarthur Street
Sale VIC 3850

Bedrooms: -
Bathrooms: -
Car spaces: 1
Floor area: 53m2
Land area: 62m2
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Last updated 16 Sep 2024
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Property Details for 62 Macarthur St, Sale

62 Macarthur St, Sale is a bedroom, bathroom Unit with 1 parking spaces. The property has a land size of 62m2 and floor size of 53m2. While the property is not currently for sale or for rent, it was last sold in September 2016.

Building Type
Unit
Floor Size
53m2
Land Size
62m2
Local Government
Wellington
Lot/Plan
3/SP33936

Last Listing description (September 2016)

A great entry level commercial investment when considering the price and the 7.2% gross return on investment.
LEASE TERM 2 YEARS 29/7/2014 - 29/7/2016
LEASE OPTIONS 1 X 2 YEARS

RENT REVIEW ANNUAL FIXED INCREASE OF 3%
ANNUAL RENT $8,385+ GST (No outgoings) AS OF 29/7/2015
MARKET REVIEW 29/7/2016
Zone: C1Z
AS AT DECEMBER 2014: WATER: $981 PER ANNUM
RATES: $1,130 PER ANNUM
INSURANCE:$400 PER ANNUM

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Property History for 62 Macarthur St, Sale, VIC 3850

A timeline of how this property has performed in the market
Last Sold
$126,500
13 Sep 2016
  • 13 Sep 2016
    Sold for $126,500
  • 17 Oct 2014
    Listed for Sale $115,000
  • 18 Sep 2012
    Listed for Sale $115,000

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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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