77B Mckenzie StreetWonthaggi VIC 3995
Property Details for 77b Mckenzie St, Wonthaggi
77b Mckenzie St, Wonthaggi is a 4 bedroom, 2 bathroom Unit with 2 parking spaces.
Last Listing description (August 2016)
Effectively 2 houses for the price of one within an easy stroll to the heart of the CBD, investment properties with the sort of numbers that this one boasts simply do not come on the market! If you are looking to invest in the thriving metropolis of Wonthaggi as so many educated investors are, look no further!
The house in itself is divided by a common wall. Each rental consists of 2 large bedrooms, updated kitchen and bathroom, spacious North facing living area, laundry, reverse cycle heating and cooling, ample parking with the rear including a carport via back lane access and low maintenance yard.
Achieving $500 per week including utilities between the 2 separate rentals, not only will you be receiving a rental yield well above average, you are also purchasing in a location that should appreciate in years to come. Alternatively, this property would work equally as well for a family to live close to each other whilst still having ample space to enjoy. First to see will buy!
Property History for 77b Mckenzie St, Wonthaggi, VIC 3995
- 02 Aug 2016Listed for Sale INVESTORS SPECIAL! $289,000
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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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