OFF MARKET

32 Walnut Street
Whittlesea VIC 3757

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 100m2
Land area: 1010m2
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Property Details for 32 Walnut St, Whittlesea

32 Walnut St, Whittlesea is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1950. The property has a land size of 1010m2 and floor size of 100m2.

Building Type
Unit
Year Built
1950
Floor Size
100m2
Land Size
1010m2
Local Government
Whittlesea
Lot/Plan
1/TP127290

Last Listing description (January 2013)

RARE INVESTMENT OPPORTUNITY
SALE BY NEGOTIATION A GOLDEN OPPORTUNITY TO OWN AN OUTSTANDING INVESTMENT IN THE WHITTLESEA TOWN CENTRE. APPROXIMATELY 30 YEARS OLD, THE LEVEL SITE HAS THREE UNITS, ALL COMPRISING TWO BEDROOMS, LARGE LOUNGE ROOMS, KITCHENS WITH ADJOINING DINING/FAMILY ROOMS, BATHROOMS WITH BOTH SHOWER AND SEPARATE BATH AND EACH WITH A LOCK-UP GARAGE. THE RENTAL RETURN IS $2390 PER CALENDAR MONTH WITH ALL UNITS OCCUPIED, PRESENTLY ONE IS VACANT. WITH SUCH A TREMENDOUS LOCATION, MINOR UPDATING INTERNALLY NOW OR LATER WILL PROVIDE A VALUABLE ASSET, AND EXTERNALLY, THE LUCKY FUTURE OWNER MAY CONSIDER RENDERING TO FURTHER IMPROVE THE OVERALL APPEARANCE OF THE DEVELOPMENT. ONLY A FEW STEPS FROM THE TREE LINED MAIN STREET, THESE UNITS HAVE VERY EASY ACCESS TO ALL THE SHOPS, FACILITIES AND CAFES IN THE INCREASINGLY POPULAR WHITTLESEA.

Property History for 32 Walnut St, Whittlesea, VIC 3757

A timeline of how this property has performed in the market
  • 01 Feb 2013
    Listed for Sale Not Disclosed
  • 16 Jan 2013
    Listed for Sale ESR: $550,000 - $600,000

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About Whittlesea 3757

The size of Whittlesea is approximately 106.5 square kilometres. It has 13 parks covering nearly 46.6% of total area. The population of Whittlesea in 2011 was 4,825 people. By 2016 the population was 5,589 showing a population growth of 15.8% in the area during that time. The predominant age group in Whittlesea is 40-49 years. Households in Whittlesea are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Whittlesea work in a trades occupation. In 2011, 79.2% of the homes in Whittlesea were owner-occupied compared with 77.1% in 2016.

Whittlesea has 2,902 properties. Over the last 5 years, Houses in Whittlesea have seen a 23.95% increase in median value, while Units have seen a 30.13% increase. As at 31 October 2024:

  • The median value for Houses in Whittlesea is $776,022 while the median value for Units is $469,535.
  • Houses have a median rent of $545 while Units have a median rent of $390.
There are currently 13 properties listed for sale, and 1 property listed for rent in Whittlesea on OnTheHouse. According to CoreLogic's data, 111 properties were sold in the past 12 months in Whittlesea.

Suburb Insights for Whittlesea 3757

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.