19/16 South Circular RoadGladstone Park VIC 3043
Property Details for 19/16 South Circular Rd, Gladstone Park
19/16 South Circular Rd, Gladstone Park is a 1 bedroom, 1 bathroom Unit 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 December 2016.
Last Listing description (March 2018)
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 adjoining meals area, large bedroom with mirrored BIR, combined bathroom/laundry, and a low maintenance courtyard with synthetic grass.
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 - but not necessarily its owner - must be 55 years of age or older. Therefore, investors of any age could potentially purchase the property and rent it out for approximately $210-$230 per week...but ONLY to a 55 plus year old tenant.
A whole host of amenities including the bus-stop, reserves, medical centres and all types of shopping are only steps away, explaining why properties in this tightly-held complex are so highly sought-after. With settlement terms of 30, 60 or 90 days, do not hesitate to snap up this little jewel before it's gone!
Settlement: 30, 60 or 90 days
Selling Guide: $180,000-$199,000
Contact: Phillip Mercieca - 0402 419 827
www.phillipmercieca.com
www.facebook.com/phillipmerciecabarryplant
Phillip Mercieca : 0402 419 827
Property History for 19/16 South Circular Rd, Gladstone Park, VIC 3043
- 14 Dec 2016Sold for $195,000
- 25 Nov 2016Listed for Sale Under Offer by PHILLIP MERCIECA!
- 15 Feb 1994Sold for $76,500
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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