OFF MARKET

11 Lake Road
Stawell VIC 3380

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Land area: 1376m2
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Last updated 30 Sep 2024
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Property Details for 11 Lake Rd, Stawell

11 Lake Rd, Stawell is a 2 bedroom, 2 bathroom Unit with 2 parking spaces. The property has a land size of 1376m2. While the property is not currently for sale or for rent, it was last sold in December 2019.

Building Type
Unit
Land Size
1376m2
Local Government
Northern Grampians
Lot/Plan
1/TP167594

Last Listing description (February 2020)

WANT GREAT RETURNS?! A WHOPPING 7.95% GROSS PER ANNUMWANT GREAT TENANTS?WANT A LOW MAINTENANCE PROPERTY?This property would suit an investor who wishes to sit back and receive a whopping 7.95% gross return.With an excellent rental history, current earnings are $335.00 per week, these two by two bedroom units are very low maintenance and as a bonus the property comes with room for expansion on a massive 1500 sq metre block with a high fenced area available if you wish to secure pets. This fenced off area has been a great bonus for the existing tenants.I urge you to take a look at this property as gems like this don't come up very often. Way, way better than bank interest, this is an opportunity not to be missed.Contact Monaghan's Real Estate NOW.You won't be disappointed!Property Code: 1477

Property History for 11 Lake Rd, Stawell, VIC 3380

A timeline of how this property has performed in the market
Last Sold
$198,500
06 Dec 2019
  • 06 Dec 2019
    Sold for $198,500
  • 28 Nov 2019
    Listed for Sale $219,000
  • 27 Apr 2019
    Listed for Sale $219,000
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About Stawell 3380

The size of Stawell is approximately 92.4 square kilometres. It has 20 parks covering nearly 7.9% of total area. The population of Stawell in 2011 was 6,150 people. By 2016 the population was 6,034 showing a population decline of 1.9% in the area during that time. The predominant age group in Stawell is 60-69 years. Households in Stawell are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Stawell work in a labourer occupation. In 2011, 71.2% of the homes in Stawell were owner-occupied compared with 69.7% in 2016.

Stawell has 3,833 properties. Over the last 5 years, Houses in Stawell have seen a 76.65% increase in median value, while Units have seen a 45.48% increase. As at 30 September 2024:

  • The median value for Houses in Stawell is $320,902 while the median value for Units is $276,083.
  • Houses have a median rent of $380 while Units have a median rent of $260.
There are currently 20 properties listed for sale, and 4 properties listed for rent in Stawell on OnTheHouse. According to CoreLogic's data, 140 properties were sold in the past 12 months in Stawell.

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