OFF MARKET

215/337 Stud Road
Wantirna South VIC 3152

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 51m2
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Last updated 11 Nov 2024
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Property Details for 215/337 Stud Rd, Wantirna South

215/337 Stud Rd, Wantirna South is a 1 bedroom, 1 bathroom Unit and was built in 2008. The property has a floor size of 51m2. While the property is not currently for sale or for rent, it was last sold in April 2007.

Building Type
Unit
Year Built
2008
Floor Size
51m2
Local Government
Knox
Lot/Plan
215/PS544581

Last Listing description (July 2022)

**INVESTORS ONLY NOT FOR OWNER OCCUPIERS**

The ideal investment for the savvy investor, this spacious 1 bedroom 1 bathroom apartment is conveniently located just 25kms south east of Melbourne.

This low maintenance apartment offers a modern kitchen with stainless steel appliances, large bedroom, modern bathroom and a generous balcony outdoor area.

Superbly positioned across the road from the bustling Westfield Knox City Shopping Centre and close proximity to Swinburne University, the apartment is currently leased to the reputable Punthill Apartment Hotels.

Investors enjoy high returns, yearly CPI adjustments during the term of the lease and all without the headaches of finding and managing new tenants every lease term.

A perfect set and forget investment for the SMSF or entry-level investment, this is rare opportunity is not to be missed.

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Property History for 215/337 Stud Rd, Wantirna South, VIC 3152

A timeline of how this property has performed in the market
Last Sold
$340,000
14 Apr 2007
  • 12 Sep 2019
    Listed for Sale $260,000
  • 14 Apr 2007
    Sold for $340,000

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About Wantirna South 3152

The size of Wantirna South is approximately 14.1 square kilometres. It has 47 parks covering nearly 17.5% of total area. The population of Wantirna South in 2011 was 17,477 people. By 2016 the population was 19,288 showing a population growth of 10.4% in the area during that time. The predominant age group in Wantirna South is 50-59 years. Households in Wantirna South are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Wantirna South work in a professional occupation. In 2011, 79.4% of the homes in Wantirna South were owner-occupied compared with 75.3% in 2016.

Wantirna South has 9,624 properties. Over the last 5 years, Houses in Wantirna South have seen a 23.07% increase in median value, while Units have seen a 14.94% increase. As at 31 October 2024:

  • The median value for Houses in Wantirna South is $1,235,013 while the median value for Units is $577,193.
  • Houses have a median rent of $640 while Units have a median rent of $560.
There are currently 47 properties listed for sale, and 22 properties listed for rent in Wantirna south on OnTheHouse. According to CoreLogic's data, 289 properties were sold in the past 12 months in Wantirna south.

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