SOLD
Sold on 25 Oct 2023 for $229,000

12/63 Melrose Drive
West Wodonga VIC 3690

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 80m2
Land area: 128m2
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Property Details for 12/63 Melrose Dr, West Wodonga

12/63 Melrose Dr, West Wodonga is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1982. The property has a land size of 128m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 2 bedroom Unit sold in West Wodonga in the last 12 months.

Building Type
Unit
Year Built
1982
Floor Size
80m2
Land Size
128m2
Local Government
Wodonga
Lot/Plan
25/RP17045

Last Listing description (December 2023)

Don't miss this golden opportunity to invest in a well-positioned unit in a terrific Wodonga location, a short drive to both the CBD and freeway access.
This property isn't just a home; it's an investment opportunity with a promising yield for years to come.

Step inside to find an inviting open living area seamlessly connected to the kitchen, offering a versatile space for both relaxation and entertainment. The unit also features a combined laundry and bathroom space, optimized for functionality with a bath, shower, and vanity. For those chilly winter nights, the property is equipped with a gas wall furnace in addition to the split systems in both bedrooms and the lounge area.

But that's not all! With a compact block size of 128m2, rear courtyard space and single carport, you're looking at a low-maintenance investment that's sure to attract consistent rental demand.
Situated opposite the Wodonga Tennis Centre within walking distance to Birallee Shopping Centre and Leisure Centre and with schools and public transport nearby, this unit guarantees convenience and accessibility for potential tenants.
Currently tenanted to a long term tenant (rent about to increase to $260 per week) who would love to stay on as your tenant.

Council Rates | $325.85 per quarter Water Rates | $113.73 per quarter Strata | $391.30 per quarter

For more information and to schedule a viewing, please contact Jamie Maynard, 0413 743 361.

https://www.consumer.vic.gov.au/duediligencechecklist

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Property History for 12/63 Melrose Dr, West Wodonga, VIC 3690

A timeline of how this property has performed in the market
Last Sold
$229,000
25 Oct 2023
Listed for Rent
$210/w
16 Aug 2014
  • 25 Oct 2023
    Sold for $229,000
  • 02 Oct 2023
    Listed for Sale Not Disclosed
  • 08 Jul 2014
    Listed for Rent - Price not available
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About West Wodonga 3690

The size of West Wodonga is approximately 44.1 square kilometres. It has 39 parks covering nearly 3.6% of total area. The population of West Wodonga in 2011 was 14,057 people. By 2016 the population was 14,570 showing a population growth of 3.6% in the area during that time. The predominant age group in West Wodonga is 0-9 years. Households in West Wodonga are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in West Wodonga work in a professional occupation. In 2011, 59.8% of the homes in West Wodonga were owner-occupied compared with 60.7% in 2016.

West Wodonga has 7,391 properties. Over the last 5 years, Houses in West Wodonga have seen a 67.93% increase in median value, while Units have seen a 63.17% increase. As at 31 August 2024:

  • The median value for Houses in West Wodonga is $591,138 while the median value for Units is $351,719.
  • Houses have a median rent of $490 while Units have a median rent of $360.
There are currently 36 properties listed for sale, and 5 properties listed for rent in West wodonga on OnTheHouse. According to CoreLogic's data, 254 properties were sold in the past 12 months in West wodonga.

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