78 Pareena Cres, Mansfield is a 4 bedroom, 2 bathroom House with 1 parking spaces and was built in 1980. The property has a land size of 607m2 and floor size of 115m2. While the property is not currently for sale or for rent, it was last sold in November 2024.
This solid post war home in a much sought after location has arrived onto the market with so much opportunity for its next owner. Whether you are seeking a starter home to add value and make it your own, want to land bank for the future or are seeking a solid investment in a high demand rental area... here you have all the options laid out in front of you.
Hardwood timber homes such as this style and construction were built to last and now 50-60 years later it shows as much promise for the future as it did when it was new. Extensions to the original floor plan have made it into a very functional 4 bedroom home with open plan living, galley style kitchen and rear entertainment deck.
An elevated block enables an appealing outlook from the front balcony and cooling breezes through the home. The gently sloping site of 607m2 holds buckets of promise with so much scope for further imrpovements.
Features include:
* Highset timber post-war home
* Freshly painted inside and out
* 4 spacious bedrooms
* Built-ins and ceiling fans
* Polished timber hardwood floors
* Open plan living
* Galley style modern kitchen
* Near new electric stove, dishwasher and pantry
* Dual access onto rear deck
* Modern fully tiled bathroom
* Powder room (2nd toilet) on upper level
* 2nd modern bathroom on lower level
* Loads of potential under
* Remote controlled secure garage
* Built-in robes
* Elevated position
* Gently sloping block
* Fenced
* Perfectly located - in Mansfield SHS Catchment area, and other local schools
* Easy access to M1 freeway north and south
* Quick access to city centre - public transport close by
An opportunity not to be missed - Inspect now!
Building and Pest Inspection Reports available
The size of Mansfield is approximately 4.9 square kilometres. There are 16 parks, covering nearly 24.1% of the total area. The population of Mansfield in 2016 was 8695 people. By 2021 the population was 8851 showing a population growth of 1.8% in the area during that time. The predominant age group in Mansfield is 10-19 years. Households in Mansfield are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mansfield work in a professional occupation.In 2021, 71.10% of the homes in Mansfield were owner-occupied compared with 71.20% in 2016.
Mansfield has 3,653 properties. Over the last 5 years, Houses in Mansfield have seen a 86.73% increase in median value, while Units have seen a 75.19% increase. As at 30 June 2026:
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