3/75 Mortlake RoadWarrnambool VIC 3280
Property Details for 3/75 Mortlake Rd, Warrnambool
3/75 Mortlake Rd, Warrnambool is a 2 bedroom, 1 bathroom House with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 2 bedroom House sold in Warrnambool in the last 12 months.
Last Listing description (April 2024)
This two bedroom townhouse offers the best of modern living while also presenting an impressive investment opportunity. Just over 12 months old, this townhouse is completed to a high standard with an array of high-end features and fixtures.
The unit itself encompasses an open plan living hub with electric cooking, dishwasher and a split system for heating and cooling. A tastefully styled bathroom which also encompasses a laundry setup. Situated on the upper level you will be greeted by impressive views over the complex while you sit out on the balcony and enjoy the afternoon sun, with a designated car park adjacent to the unit.
Situated in the much sought after North Warrnambool location, this apartment is designed to attract natural light and sun, offering indoor/outdoor living that makes for a complete living package. Why wait for construction when you can move straight into unit 3. Currently providing a $400 per week rental return with projection to increase to $450 per week - yielding a positive return.
With beautiful parks, gardens and walking/bike tracks all close by, you will find it easy to relax and enjoy yourself. Shopping, cafes, medical and recreation centres all situated a stones throw away, along with easy access to public transport. Your home within 'The Botanic' will enable you to be a part of a friendly and quickly growing community.
Property History for 3/75 Mortlake Rd, Warrnambool, VIC 3280
- 15 Apr 2024Sold for $377,500
- 20 Oct 2023Listed for Sale Not Disclosed
- 29 Nov 2021Sold for $345,000
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About Warrnambool 3280
The size of Warrnambool is approximately 65.1 square kilometres. It has 76 parks covering nearly 6.4% of total area. The population of Warrnambool in 2011 was 28,412 people. By 2016 the population was 29,659 showing a population growth of 4.4% in the area during that time. The predominant age group in Warrnambool is 50-59 years. Households in Warrnambool are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Warrnambool work in a professional occupation. In 2011, 64.1% of the homes in Warrnambool were owner-occupied compared with 63.7% in 2016.
Warrnambool has 19,166 properties. Over the last 5 years, Houses in Warrnambool have seen a 61.76% increase in median value, while Units have seen a 50.43% increase. As at 31 October 2024:
- The median value for Houses in Warrnambool is $609,090 while the median value for Units is $414,500.
- Houses have a median rent of $530 while Units have a median rent of $420.
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