1 Rhyll CourtWestmeadows VIC 3049
Property Details for 1 Rhyll Ct, Westmeadows
1 Rhyll Ct, Westmeadows is a 3 bedroom, 1 bathroom House and was built in 1970. The property has a land size of 556m2 and floor size of 103m2. While the property is not currently for sale or for rent, it was last sold in November 2012.
Last Listing description (October 2024)
An opportunity like this will not again present itself!
Set on an absolutely flat block of 556m2 (approx), the home comprises 3 bedrooms (bir's), galley kitchen, meals, living / dining area, central bathroom, laundry, separate toilet, verandah at the back and ample room for parking in the backyard,
Collect rent until the expiry of the current lease in July 2025 and then start your project which will reward you richly at the conclusion.
Considering current sale prices of 3 bedroom townhouses within the area at $620,000 - $650,000, an astute builder / investor will no doubt realize the profitable end result of this never-to be repeated opportunity.
No need to wait for weeks or months to obtain plans and permits!
They are all ready for you right NOW!
Purchase, collect rent until July 2025 then build 3 thoughtfully designed townhouses in the ever-growing pocket of Westmeadows, so conveniently located to Broadmeadows Train Station, Aquatic & Leisure Centre, TAFE Kangan institute, local primary and secondary schools, sporting facilities and public bus practically at the front.
Property History for 1 Rhyll Ct, Westmeadows, VIC 3049
- 28 Jun 2024Listed for Sale "NEW PRICE" $650,000 - $690,000
- 12 Jun 2024Listed for Rent $385 / week
- 10 Nov 2023Listed for Sale Not Disclosed
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About Westmeadows 3049
The size of Westmeadows is approximately 4.8 square kilometres. It has 12 parks covering nearly 33.6% of total area. The population of Westmeadows in 2011 was 5,522 people. By 2016 the population was 5,846 showing a population growth of 5.9% in the area during that time. The predominant age group in Westmeadows is 20-29 years. Households in Westmeadows are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Westmeadows work in a clerical occupation. In 2011, 77.2% of the homes in Westmeadows were owner-occupied compared with 74.1% in 2016.
Westmeadows has 3,273 properties. Over the last 5 years, Houses in Westmeadows have seen a 14.04% increase in median value, while Units have seen a 22.71% increase. As at 31 October 2024:
- The median value for Houses in Westmeadows is $709,545 while the median value for Units is $559,787.
- Houses have a median rent of $550 while Units have a median rent of $500.
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