1/100 Spring Gully RoadSpring Gully VIC 3550
Property Details for 1/100 Spring Gully Rd, Spring Gully
1/100 Spring Gully Rd, Spring Gully is a 6 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 257m2.
Last Listing description (November 2021)
Attention investors! These three properties for sale as one entity, in popular Spring Gully. Each property is currently rented to excellent tenants with secure leases.
Set on 3 titles, 100 Spring Gully Rd is on a 700 m2 allotment and the townhouses 1 & 2 are on their own titles with a shared driveway. Townhouse 1 is set on 257 m2 and townhouse 2 on 315m2. The properties are close to schools, sporting facilities and the local family hotel is just down the road!
Why not live in one and rent two out or this is a perfect superannuation investment for those interested in bricks and mortar investments.
100 Spring Gully Road, Spring Gully
This cream brick home has 3 spacious bedrooms, the main with air conditioning and abundant storage. The additional 2 bedrooms have BIR's.
Featuring a spacious newly updated kitchen and dining area, timber floorboards, great storage and stainless gas cooking appliances.
The home has a large, inviting living area which has a gas heater as well as split system heating/cooling. Not to forget there is central floor heating throughout the home! A neat 3 piece bathroom with separate toilet, spacious laundry and a small room out the back that overlooks the yard, complete the home.
Fully fenced yard with a fantastic double garage; remote controlled with power and concrete flooring. Currently rented at $300 pw.
Units 1 & 2
Built by JG King, both of these six year old townhouses are currently rented at $350 pw. As you enter each townhouse you are greeted by a spacious lounge area. A modern white kitchen features a stainless steel oven, hotplates, range hood and dishwasher with plenty of storage. The kitchen opens onto the tiled dining area which overlooks the rear yard. There are 3 spacious bedrooms decorated in neutral tones, with built in robes and a crisp three piece bathroom. Ducted heating and cooling will keep you comfortable throughout the year. Each property has low maintenance, fully landscaped gardens, an automatic watering system, secure yard and a single roller garage with electric roller door.
Property History for 1/100 Spring Gully Rd, Spring Gully, VIC 3550
- 07 Aug 2021Listed for Sale $1,625,000
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About Spring Gully 3550
The size of Spring Gully is approximately 7.8 square kilometres. It has 17 parks covering nearly 38.7% of total area. The population of Spring Gully in 2011 was 2,983 people. By 2016 the population was 2,994 showing a population growth of 0.4% in the area during that time. The predominant age group in Spring Gully is 50-59 years. Households in Spring Gully are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Spring Gully work in a professional occupation. In 2011, 73.8% of the homes in Spring Gully were owner-occupied compared with 73% in 2016.
Spring Gully has 1,653 properties. Over the last 5 years, Houses in Spring Gully have seen a 41.80% increase in median value, while Units have seen a 35.55% increase. As at 31 October 2024:
- The median value for Houses in Spring Gully is $606,469 while the median value for Units is $358,033.
- Houses have a median rent of $470 while Units have a median rent of $430.
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