2/40 Fourth Ave E, Maylands is a 2 bedroom, 1 bathroom Townhouse and was built in 1976. The property has a land size of 61m2 and floor size of 61m2. While the property is not currently for sale or for rent, it was last sold in April 2023.
Welcome to 2/40 Fourth Avenue East, Maylands.A fantastic investment, with similar villas in Maylands currently renting for $400-$450 per week or a great low-maintenance home to make yours.Situated within easy-reach of the City with frequent buses along Guildford Road into the CBD. The Maylands cafe strip, train station, river and Bardon Park are also all in close proximity!This 2 bedroom villa represents fantastic value in the market place. The courtyard is one of the largest you'll find in a villa in this price point, and the villa itself is low-maintenance, perfect for a single or couple.The bedrooms are in their own wing, with the main bedroom at the front, the bathroom centrally located and the secondary bedroom at the rear. The kitchen and living area are connected, and there is a separate laundry which provides access to the rear yard.Water rates $982.35 approx. P/ACouncil rates $1619.58 approx. P/AStrata Admin $468.75 + Reserve $210.00 P/Q
The size of Maylands is approximately 5 square kilometres. It has 18 parks covering nearly 30.3% of total area. The population of Maylands in 2011 was 12,353 people. By 2016 the population was 12,577 showing a population growth of 1.8% in the area during that time. The predominant age group in Maylands is 30-39 years. Households in Maylands are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Maylands work in a professional occupation. In 2011, 45.8% of the homes in Maylands were owner-occupied compared with 47.9% in 2016.
Maylands has 8,413 properties. Over the last 5 years, Houses in Maylands have seen a 70.19% increase in median value, while Units have seen a 79.37% increase. As at 30 September 2024:
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