20 Mcpherson StreetEpsom VIC 3551
Property Details for 20 Mcpherson St, Epsom
20 Mcpherson St, Epsom is a 4 bedroom, 0 bathroom House with 6 parking spaces and was built in 1975. The property has a land size of 3035m2 and floor size of 140m2. While the property is not currently for sale or for rent, it was last sold in June 2024.
Last Listing description (July 2024)
Dive into the auction scene with this gem located at 20 McPherson Street, Epsom, VIC 3551. Nestled near the heart of Epsom, this property boasts proximity to essential amenities such as the shopping center, schools, and daycare facilities-perfect for families and investors alike.
Investors and developers, this one's for you! Featuring not one but two dwellings on a generous block size of 3035sqm, this property offers multiple income streams and ample potential for development opportunities. Additionally, this has 3 phase power switch board for house. Each dwelling comprises 2 bedrooms and 2 bathrooms, ensuring comfortable living arrangements for occupants.
Plus, enjoy the convenience of a large shed, adding extra value and functionality to the property. With rental returns ranging from $440 to $480 per week for the entire property, or $370 to $400 for the front unit and $350 to $370 for the back unit, the investment potential here is undeniable.
Don't miss out on this lucrative opportunity! If you're interested in seizing this property's potential, message us now to learn more and secure your chance at this promising investment.
Property History for 20 Mcpherson St, Epsom, VIC 3551
- 15 Jun 2024Sold for $480,000
- 13 May 2024Listed for Sale Auction Price Guide $450,000 - $495,000
- 03 Dec 2001Sold for $48,000
Recent sales nearby
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0About Epsom 3551
The size of Epsom is approximately 10.7 square kilometres. It has 14 parks covering nearly 1.2% of total area. The population of Epsom in 2016 was 4325 people. By 2021 the population was 5014 showing a population growth of 15.9% in the area during that time. The predominant age group in Epsom is 0-9 years. Households in Epsom are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Epsom work in a professional occupation.In 2021, 74.10% of the homes in Epsom were owner-occupied compared with 73.30% in 2016.
Epsom has 2,637 properties. Over the last 5 years, Houses in Epsom have seen a 48.15% increase in median value, while Units have seen a 63.66% increase. As at 31 January 2026:
- The median value for Houses in Epsom is $694,877 while the median value for Units is $520,601.
- Houses have a median rent of $550 while Units have a median rent of $430.
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