5/429 Mcdonald RoadLavington NSW 2641
Property Details for 5/429 Mcdonald Rd, Lavington
5/429 Mcdonald Rd, Lavington is a 2 bedroom, 1 bathroom Unit and was built in 1976. The property has a land size of 4047m2 and floor size of 67m2. While the property is not currently for sale or for rent, it was last sold in April 2023.
Last Listing description (February 2023)
This is a set and forget investment opportunity, be you looking for your first home, first investment property or if you are looking to add to your portfolio.
The unit is situated on the second floor with a fixed term tenancy returning $190 per week, in lease until July 2023. (future estimated rental return for this type of property is in a range of $220 to $230 per week). The amazing current tenant has been in the property 10 years and is willing to stay on.
The unit comprises of 2 great sized bedrooms, built-in-robes, spacious open plan living that flows to the large north east balcony, adjoining kitchen and separate dining area. There is a refurbished central bathroom and drying balcony at the rear of the home off the laundry. The property is temperature controlled by a reverse cycle split system.
* Body corp - $577 per quarter.
* Rates - $647 per annum.
Disclaimer:
While we have made every effort to ensure that information provided about the above property is accurate, it has been provided to us by the Vendor and other sources. We therefore do not accept responsibility for its accuracy and strongly advise all interested parties to obtain independent advice and make their own inquiry before proceeding.
Property History for 5/429 Mcdonald Rd, Lavington, NSW 2641
- 20 Apr 2023Sold for $178,000
- 21 Dec 2022Listed for Sale $185,000 - $190,000
- 16 Jan 2015Sold for $103,900
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0About Lavington 2641
The size of Lavington is approximately 14.8 square kilometres. There are 11 parks, covering nearly 3.2% of the total area. The population of Lavington in 2016 was 12472 people. By 2021 the population was 13073 showing a population growth of 4.8% in the area during that time. The predominant age group in Lavington is 20-29 years. Households in Lavington are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Lavington work in a trades occupation.In 2021, 56.40% of the homes in Lavington were owner-occupied compared with 58.10% in 2016.
Lavington has 7,983 properties. Over the last 5 years, Houses in Lavington have seen a 93.84% increase in median value, while Units have seen a 65.95% increase. As at 31 May 2026:
- The median value for Houses in Lavington is $606,749 while the median value for Units is $395,829.
- Houses have a median rent of $520 while Units have a median rent of $380.
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