24/10-18 Arthur StreetEltham VIC 3095
Property Details for 24/10-18 Arthur St, Eltham
Last Listing description (November 2022)
Leased to an A Grade Tenant ensures that this investment property is a no fuss addition to your property portfolio. The property is approximately 90sqm and is surrounded by all the big name businesses such as Woolworths, Coles, all the major banks and more. The tenant has spared no cost in his fitout giving the next owner a low cost investment with a circa 6% return on your investment. Lease details below:
Lease start: 1st March, 2022
Lease Term: 5 years
Rent: $34,065 per annum plus gst, plus outgoings
Increases: 4% annually, market review end of Terms
Sale Price: $550,000
CONTACT: Terry Gazelle 0438 196 480
Property History for 24/10-18 Arthur St, Eltham, VIC 3095
- 16 Nov 2022Sold for $550,000
- 04 Aug 2022Listed for Sale $550,000
- 10 Feb 2020Listed for Sale $530,000 - $580,000
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About Eltham 3095
The size of Eltham is approximately 16.6 square kilometres. It has 55 parks covering nearly 15.2% of total area. The population of Eltham in 2016 was 18314 people. By 2021 the population was 18847 showing a population growth of 2.9% in the area during that time. The predominant age group in Eltham is 50-59 years. Households in Eltham are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Eltham work in a professional occupation.In 2021, 86.10% of the homes in Eltham were owner-occupied compared with 85.50% in 2016.
Eltham has 8,646 properties. Over the last 5 years, Houses in Eltham have seen a 22.90% increase in median value, while Units have seen a 13.27% increase. As at 31 December 2025:
- The median value for Houses in Eltham is $1,268,521 while the median value for Units is $827,230.
- Houses have a median rent of $698 while Units have a median rent of $650.
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