2/23A Thomas Mitchell DriveWodonga VIC 3690
Property Details for 2/23a Thomas Mitchell Dr, Wodonga
2/23a Thomas Mitchell Dr, Wodonga 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 March 2024. There are other 2 bedroom House sold in Wodonga in the last 12 months.
Last Listing description (March 2024)
Located in a prime central area of Wodonga sits this perfect investment property. With two separate residences side by side, the second unit in this 1950s-built property is up for offer. The two-bedroom, one-bathroom property has buckets of character and an excellent rental return for the savvy investor.
As you walk to the front of the property, the joint patio area has a door to each home. Unit 2 is at the back of the block and includes rear yard access from Mitchell Street. It contains two bedrooms, one bathroom and the original 1950s features of ornate cornices, a pedestal basin in the bathroom and wood floors and window frames. Currently tenanted at $300 on a periodic lease, the home would make a perfect set-and-forget investment.
A large secure yard at the rear of the property is perfect for pets and kids to run around in. Close to the main street of Wodonga, as well as schools, parks and shopping centres, the home is in a prime location. With great rental return potential, this duplex property is a perfect investment opportunity. The home is also at a great entry-level price for the first home buyer to get their foot in the market, or a downsizer looking to be close to town.
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Property History for 2/23a Thomas Mitchell Dr, Wodonga, VIC 3690
- 05 Mar 2024Sold for $290,000
- 02 Jun 2023Listed for Sale $310,000
- 03 Mar 2021Listed for Rent $250 / week
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About Wodonga 3690
The size of Wodonga is approximately 37.1 square kilometres. It has 36 parks covering nearly 9% of total area. The population of Wodonga in 2011 was 16,487 people. By 2016 the population was 18,932 showing a population growth of 14.8% in the area during that time. The predominant age group in Wodonga is 20-29 years. Households in Wodonga are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Wodonga work in a professional occupation. In 2011, 60.5% of the homes in Wodonga were owner-occupied compared with 58.4% in 2016.
Wodonga has 11,785 properties. Over the last 5 years, Houses in Wodonga have seen a 63.09% increase in median value, while Units have seen a 61.50% increase. As at 31 October 2024:
- The median value for Houses in Wodonga is $550,322 while the median value for Units is $352,043.
- Houses have a median rent of $480 while Units have a median rent of $365.
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