GROUND FLOOR/163 Epsom RoadFlemington VIC 3031
Property Details for Ground Floor/163 Epsom Rd, Flemington
Last Listing description (December 2015)
Fantastic investment opportunity with two strong leases in place. Level one returns $84,000 + GST + outgoings, rental increases CPI annually, term 4x3x3. Ground level returns $72,600 + GST + outgoings with rental increases 3.75% per annum, term 5x3x3. Land 650sqm approx. and total building 583sqm approx. Including 11 secure carparks.
Strategically located close to shopping centres, racing facilities, Showgrounds, public transport and freeway only minutes away.
Property History for Ground Floor/163 Epsom Rd, Flemington, VIC 3031
- 19 Nov 2015Sold for $2,510,000
- 30 Sep 2015Listed for Sale Not Disclosed
- 14 Mar 2015Listed for Rent - Price not available
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About Flemington 3031
The size of Flemington is approximately 2.9 square kilometres. It has 13 parks covering nearly 5.2% of total area. The population of Flemington in 2016 was 7719 people. By 2021 the population was 7025 showing a population decline of 9.0% in the area during that time. The predominant age group in Flemington is 30-39 years. Households in Flemington are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Flemington work in a professional occupation.In 2021, 36.90% of the homes in Flemington were owner-occupied compared with 33.40% in 2016.
Flemington has 5,722 properties. Over the last 5 years, Houses in Flemington have seen a 10.66% increase in median value, while Units have seen a -1.09% decrease. As at 31 December 2025:
- The median value for Houses in Flemington is $1,211,713 while the median value for Units is $426,527.
- Houses have a median rent of $635 while Units have a median rent of $490.
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