2/50 Reed CrescentWonthaggi VIC 3995
Property Details for 2/50 Reed Cres, Wonthaggi
2/50 Reed Cres, Wonthaggi is a 2 bedroom, 1 bathroom Unit and was built in 1960. The property has a land size of 401m2 and floor size of 77m2. While the property is not currently for sale or for rent, it was last transferred in May 2023.
Last Listing description (June 2023)
This 2 bedroom home situated on a low maintenance allotment of approx. 400m2, is within a short walking distance to the shopping precinct of the ever growing Wonthaggi, it presents the perfect opportunity for Retirees, First Home Owner or an Investor to buy into the market today. This home is also set up for Disability and Wheelchair Access with wide doors, large open space in the Bathroom and sits on a concrete floor with no steps.
It comes with recent updates including Laminate Flooring, fresh paint, new curtains and blinds, rejuvenated gardens and an oiled deck. It has an open plan Living, Dining, Kitchen, Extra large bathroom and a great undercover outdoor area. Comfort is by the way of Ceiling Fans and A/C split system. Outside is private with a large hedge blocking the traffic and a Fully Fenced Yard with plenty of room for kids and pets to play. A Carport and Garden shed round out the property.
With Rental returns of approximately $380.00 to $400.00 per week.
Greg Kane - 0477 020 267
Mick Chambers - 0418 349 783
Property History for 2/50 Reed Cres, Wonthaggi, VIC 3995
- 05 May 2023Transferred
- 28 Mar 2023Listed for Sale $440,000 - $470,000
- 02 Dec 2022Listed for Rent $380 / week
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0About Wonthaggi 3995
The size of Wonthaggi is approximately 52.4 square kilometres. It has 24 parks covering nearly 4.6% of total area. The population of Wonthaggi in 2011 was 4,354 people. By 2016 the population was 4,964 showing a population growth of 14.0% in the area during that time. The predominant age group in Wonthaggi is 60-69 years. Households in Wonthaggi are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Wonthaggi work in a trades occupation. In 2011, 63.7% of the homes in Wonthaggi were owner-occupied compared with 62.9% in 2016.
Wonthaggi has 4,047 properties. Over the last 5 years, Houses in Wonthaggi have seen a 43.64% increase in median value, while Units have seen a 40.26% increase. As at 30 September 2024:
- The median value for Houses in Wonthaggi is $554,829 while the median value for Units is $447,959.
- Houses have a median rent of $448 while Units have a median rent of $405.
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