2/16 Parkview Dr, Glenvale is a 5 bedroom, 3 bathroom Unit with 2 parking spaces and was built in 2014. The property has a land size of 93m2 and floor size of 60m2. While the property is not currently for sale or for rent, it was last sold in September 2020.
A tightening rental market is on! INVESTORS, with a vacancy rate under 2% and the 2020 Inland Rail project set to further soak up supply and drive prices NORTH once construction starts, the TIME to buy is NOW. Offering 6% gross return for the duplex buyer, this complex of two units can be bought in one lot, or by individual units to separate owners. Your choice, but BE QUICK to get on the growth curve!
Proudly Offering:
UNIT 1: (3 bed/2 bath/1 car)
UNIT 2: (2 bed/1 bath/1 car)
- Side path to entry/porch to main living
- Fantastic air conditioned open plan living, dining and kitchen
- Kitchen with stone bench top, gas cooktop, double sink and dishwasher
- Adjoining al fresco dining area at rear - also backs onto farm paddock
- Sizeable main bedroom includes built-in robe, air-conditioner, ceiling fan and private door to main bathroom (also stone tops here)
- Second bedroom with built-in, air-conditioner and fan
- European laundry
- Window locks and security doors
- Instant gas hot water - natural gas
- Single remote controlled garage (6m x 3m)
- Renting for $250/week, with lease to early Feb 2020
- Price: $226,000 if bought individually, @ 5.8% return
Also suited to the individual unit owner-occupier at such value prices, the whole Duplex at $473,000 and $550/week rental is an absolute bargain for a near new dwelling! New Coles Supermarket opening soon, about 800m away. Consider this option very carefully - "JUST" the 'best value' on the market today in Glenvale!
The size of Glenvale is approximately 14.6 square kilometres. It has 18 parks covering nearly 11.4% of total area. The population of Glenvale in 2016 was 6353 people. By 2021 the population was 8120 showing a population growth of 27.8% in the area during that time. The predominant age group in Glenvale is 20-29 years. Households in Glenvale are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Glenvale work in a professional occupation.In 2021, 54.00% of the homes in Glenvale were owner-occupied compared with 58.00% in 2016.
Glenvale has 4,209 properties. Over the last 5 years, Houses in Glenvale have seen a 105.18% increase in median value, while Units have seen a 171.30% increase. As at 31 March 2026:
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