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14 Mailey Street
Sunshine West VIC 3020

Bedrooms: 7
Bathrooms: 3
Car spaces: 3
Land area: 923m2
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Property Details for 14 Mailey St, Sunshine West

14 Mailey St, Sunshine West is a 7 bedroom, 3 bathroom House with 3 parking spaces. The property has a land size of 923m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 7 bedroom House sold in Sunshine West in the last 12 months.

Building Type
House
Land Size
923m2

Last Listing description (January 2024)

Nestled on an expansive 923m² (approx.) land parcel, this property presents a compelling opportunity for discerning investors. Comprising three separate units, all under one title, this versatile holding generates a substantial annual rental income of approx $48,000 per annum.
Boasting a solid income stream, these three units ensure a reliable return on investment from the outset. Beyond its immediate financial appeal, the property's sizable land offers exciting prospects for future development, allowing for potential expansion or redevelopment in line with your investment strategy ( STCA ).
Convenience is key, with local schools, shopping along Glengala Road, eateries, Sunshine Central, and public transport all within easy reach. This location is a commuter's dream, with seamless access to buses and train services.

Moreover, recreational amenities abound, with a number of parks and walking tracks in close proximity, providing an ideal backdrop for leisurely strolls, outdoor activities, and a breath of fresh air.
This property represents a seamless blend of immediate rental income and substantial future development potential. Don't miss out on this outstanding investment opportunity. Arrange your inspection today and secure your stake in this promising real estate venture.

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Property History for 14 Mailey St, Sunshine West, VIC 3020

A timeline of how this property has performed in the market
Last Sold
06 Jan 2024
  • 06 Jan 2024
    Sold for $800,000
  • 01 Nov 2023
    Listed for Sale Contact Agents
  • 16 Apr 2002
    Sold for $270,000
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About Sunshine West 3020

The size of Sunshine West is approximately 9.6 square kilometres. It has 22 parks covering nearly 7.5% of total area. The population of Sunshine West in 2011 was 16,742 people. By 2016 the population was 18,582 showing a population growth of 11.0% in the area during that time. The predominant age group in Sunshine West is 20-29 years. Households in Sunshine West are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Sunshine West work in a labourer occupation. In 2011, 72.2% of the homes in Sunshine West were owner-occupied compared with 67.7% in 2016.

Sunshine West has 8,493 properties. Over the last 5 years, Houses in Sunshine West have seen a 10.39% increase in median value, while Units have seen a 17.62% increase. As at 30 November 2024:

  • The median value for Houses in Sunshine West is $695,750 while the median value for Units is $551,755.
  • Houses have a median rent of $470 while Units have a median rent of $475.
There are currently 38 properties listed for sale, and 16 properties listed for rent in Sunshine west on OnTheHouse. According to CoreLogic's data, 283 properties were sold in the past 12 months in Sunshine west.

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