11/16 South Circular RoadGladstone Park VIC 3043
Property Details for 11/16 South Circular Rd, Gladstone Park
11/16 South Circular Rd, Gladstone Park is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1993. The property has a land size of 59m2. While the property is not currently for sale or for rent, it was last sold in May 2020.
Last Listing description (May 2020)
Brilliantly located on the doorstep of the Gladstone Park Shopping Centre, this low-maintenance unit has been well kept and comes complete with security intercom entry, lounge, kitchenette with adjoining meals area, large bedroom with mirrored BIR, combined bathroom/laundry, under cover car space and a low maintenance courtyard with shopping center access.
Positioned in a 22 unit complex, with well-maintained private grounds and a lovely social environment, this property comes with a covenant stating that its occupier must be 55 years of age or older - but not necessarily its owner. Therefore, investors could purchase the property and *rent it out...
A whole host of amenities including the bus-stop, reserves, medical centres and all shopping facilities are only steps away, hence why properties in this tightly-held complex are so highly sought-after.
With settlement terms of 30, 60 days, do not hesitate to snap up this little jewel before it's gone!
*Rental Return approx: $240.00 - $250 per week
*Body Corporate: $546.00 Bi-Annual or $1092.00 Yearly
*Council Rates: $192.00 per installment or $768.00 yearly
Please Note: Upon inspecting all homes through our agency, you must supply current photo ID this could be your driver's licence or passport with contact details. Unfortunately, if these items are not supplied we cannot allow you to inspect the home.
Property History for 11/16 South Circular Rd, Gladstone Park, VIC 3043
- 26 May 2020Sold for $230,000
- 13 Apr 2020Listed for Sale Private Treaty - $250,000
- 04 May 2012Sold for $227,500
Recent sales nearby
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About Gladstone Park 3043
The size of Gladstone Park is approximately 3.7 square kilometres. There are 9 parks, covering nearly 4.7% of the total area. The population of Gladstone Park in 2016 was 8338 people. By 2021 the population was 8213 showing a population decline of 1.5% in the area during that time. The predominant age group in Gladstone Park is 30-39 years. Households in Gladstone Park are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Gladstone Park work in a professional occupation.In 2021, 76.60% of the homes in Gladstone Park were owner-occupied compared with 77.50% in 2016.
Gladstone Park has 3,563 properties. Over the last 5 years, Houses in Gladstone Park have seen a 18.27% increase in median value, while Units have seen a 24.10% increase. As at 30 April 2026:
- The median value for Houses in Gladstone Park is $811,925 while the median value for Units is $577,002.
- Houses have a median rent of $580 while Units have a median rent of $575.
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