OFF MARKET

337 Stud Road
Wantirna South VIC 3152

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 77m2
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Last updated 18 Nov 2024
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Property Details for 337 Stud Rd, Wantirna South

337 Stud Rd, Wantirna South is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2007. The property has a floor size of 77m2.

Building Type
Unit
Year Built
2007
Floor Size
77m2
Local Government
Knox

Last Listing description (July 2024)

Purely an investment property due to the long-term rental agreement, this is an opportunity for a savvy investor to park their money somewhere that could be positively geared to return an extra income every month.

This is an exceptional opportunity to purchase a modern serviced apartment leased by Punthill Apartment Hotels; this guarantees a stable rental income of $2,548.43 per calendar month (which will increase over time), and hassle-free management, as they handle all the day-to-day operations.

The apartment is generous in size, featuring a large central open plan space comprising a combined living-dining room and a well-equipped kitchen. On either side, there is a robed bedroom and bathroom, including a master with a built-in desk, a kitchenette, and a private ensuite. There are also two courtyards to ensure outdoor living is well catered for, and one on-site carpark.

To secure this inviting opportunity, contact us without delay.

Noel Jones Real Estate has taken every precaution to ensure the information contained herein is true and accurate, however accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.

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

A timeline of how this property has performed in the market
Listed for Rent
$270/w
30 Sep 2021
  • 22 May 2024
    Listed for Sale $385,000 - $410,000
  • 19 Apr 2022
    Listed for Sale $270,000
  • 15 Jul 2021
    Listed for Rent $399 / week
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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 46 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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