SOLD
Sold on 15 Jul 2024 for $335,000

2/89 Lawrence Street
Wodonga VIC 3690

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 85m2
Land area: 236m2
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Property Details for 2/89 Lawrence St, Wodonga

2/89 Lawrence St, Wodonga is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1976. The property has a land size of 236m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Unit sold in Wodonga in the last 12 months.

Building Type
Unit
Year Built
1976
Floor Size
85m2
Land Size
236m2
Local Government
Wodonga
Lot/Plan
2/RP8256

Last Listing description (August 2024)

This well-built brick townhouse on its own title with no body corporate fees offers a fantastic opportunity to break the rent cycle or serve as a solid investment for the savvy buyer.

Located just two blocks or approximately 850 meters from the Wodonga Library and main shopping street, this property boasts both convenience and comfort.

Currently the property is tenanted until November 2024.

Features:
- Bedrooms: 2 spacious bedrooms with built-in wardrobes
- Living Area: North-facing main living area with awnings on outside windows and split system reverse cycle heating/cooling
- Kitchen: Generously sized kitchen with electric cooking
- Laundry: Separate laundry room
- Bathroom: Full bathroom with a shower and a bath
- Parking: Single tandem car garage plus a carport in front
- Outdoor Space: Great-sized backyard with a covered outdoor entertainment area, verandah and a storage shed

Investment Potential:
For the investor, the property offers an estimated rental return of $310 to $340 per week.

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Property History for 2/89 Lawrence St, Wodonga, VIC 3690

A timeline of how this property has performed in the market
Last Sold
$335,000
15 Jul 2024
Listed for Rent
$190/w
02 Mar 2011
  • 15 Jul 2024
    Sold for $335,000
  • 28 Jun 2024
    Listed for Sale $329,000
  • 01 Feb 2011
    Listed for Rent - Price not available
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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 11,864 properties. Over the last 5 years, Houses in Wodonga have seen a 61.03% increase in median value, while Units have seen a 66.33% increase. As at 30 November 2024:

  • The median value for Houses in Wodonga is $554,601 while the median value for Units is $352,512.
  • Houses have a median rent of $480 while Units have a median rent of $370.
There are currently 62 properties listed for sale, and 20 properties listed for rent in Wodonga on OnTheHouse. According to CoreLogic's data, 456 properties were sold in the past 12 months in Wodonga.

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