OFF MARKET

81 Edwards Street
Wangaratta VIC 3677

Bedrooms: 6
Bathrooms: 3
Car spaces: 3
Floor area: 101m2
Land area: 1092m2
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Property Details for 81 Edwards St, Wangaratta

81 Edwards St, Wangaratta is a 6 bedroom, 3 bathroom Unit with 3 parking spaces and was built in 1991. The property has a land size of 1092m2 and floor size of 101m2. While the property is not currently for sale or for rent, it was last sold in March 2023.

Building Type
Unit
Year Built
1991
Floor Size
101m2
Land Size
1092m2
Local Government
Wangaratta
Lot/Plan
15/LP219677

Last Listing description (May 2023)

Great opportunity for SMSF or private investor. One title. Three two bedroom units with Single Garage each and independent yard as well as lock up storage. Secure location with the Bus Stop just out the front.
Current leases in place Unit 1 $320 p/w to June '23, Unit 2 renovated in 2022 at $390 p/w to March '23 and Unit 3 renovated in 2020 $360 per week, certainly a high demand property when they become available. All units have new bathrooms and kitchens have been renovated. Gross $55,640 per year income stream easily in place, in secure median price rental investment.
Separate water meters with the one title make them good buying with the option to the new purchaser to strata title if they wish to allow liquidity or some flexibility when the time comes to sell again. Just off Yarrawonga Rd, walk to High School , Galen or the Barr Reserve precinct. Walking tracks on the creek at the end of the street and easy side street car access.

Not commonly available to source such a clean investment with scale of 3 in 1, so investors take note, if you are ready, take the opportunity now while it's available. Stability in your portfolio. Set, keep well managed and forget.

Call Harcourts residential 03 57229444

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Property History for 81 Edwards St, Wangaratta, VIC 3677

A timeline of how this property has performed in the market
Last Sold
$1,100,000
27 Mar 2023
Listed for Rent
$220/w
06 Oct 2015
  • 27 Mar 2023
    Sold for $1,100,000
  • 20 Jan 2023
    Listed for Sale $1,180,000
  • 24 Jun 2021
    Sold for $835,000
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About Wangaratta 3677

The size of Wangaratta is approximately 47 square kilometres. It has 55 parks covering nearly 8% of total area. The population of Wangaratta in 2011 was 17,171 people. By 2016 the population was 18,098 showing a population growth of 5.4% in the area during that time. The predominant age group in Wangaratta is 50-59 years. Households in Wangaratta are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Wangaratta work in a professional occupation. In 2011, 68.1% of the homes in Wangaratta were owner-occupied compared with 66.1% in 2016.

Wangaratta has 11,469 properties. Over the last 5 years, Houses in Wangaratta have seen a 66.60% increase in median value, while Units have seen a 46.67% increase. As at 31 August 2024:

  • The median value for Houses in Wangaratta is $497,944 while the median value for Units is $331,300.
  • Houses have a median rent of $455 while Units have a median rent of $340.
There are currently 14 properties listed for sale, and 5 properties listed for rent in Wangaratta on OnTheHouse. According to CoreLogic's data, 404 properties were sold in the past 12 months in Wangaratta.

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