1/2 Norma Crescent SKnoxfield VIC 3180
Property Details for 1/2 Norma Cres S, Knoxfield
1/2 Norma Cres S, Knoxfield is a 3 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 1975. The property has a land size of 412m2 and floor size of 106m2. While the property is not currently for sale or for rent, it was last sold in April 2017.
Last Listing description (May 2017)
With a fixed lease currently at $1668 per calendar month with market reviews and increases of 2.5% through to end of lease period at 31st March 2020. Yes, 2020! The lease is to a Government Department which ensures payment is made on time. Very wise choice for an investor who can sit back receiving good income over the next five years with no vacancy, and no additional letting fees over this time period.
The home, on its own title, consists of three bedrooms, a single bathroom and single garage. The floor boards look great and the kitchen is nice and open. With a great size yard and enclosed behind a wrap around front fence, this home is hassle free. Be quick because long term investments like this are rare as hens teeth.
When thinking of buying, selling, leasing or renting, contact Scoresby's leading agent,
Property History for 1/2 Norma Cres S, Knoxfield, VIC 3180
- 12 Apr 2017Sold for $567,000
- 24 Mar 2017Listed for Sale $480,000 - $530,000
- 08 Oct 2015Listed for Sale $470,000 - $530,000
Recent sales nearby
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0About Knoxfield 3180
The size of Knoxfield is approximately 5.6 square kilometres. There are 16 parks, covering nearly 18.6% of the total area. The population of Knoxfield in 2016 was 7462 people. By 2021 the population was 7645 showing a population growth of 2.4% in the area during that time. The predominant age group in Knoxfield is 30-39 years. Households in Knoxfield are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Knoxfield work in a professional occupation.In 2021, 73.60% of the homes in Knoxfield were owner-occupied compared with 76.00% in 2016.
Knoxfield has 4,555 properties. Over the last 5 years, Houses in Knoxfield have seen a 6.09% increase in median value, while Units have seen a 8.04% increase. As at 30 June 2026:
- The median value for Houses in Knoxfield is $1,020,703 while the median value for Units is $813,815.
- Houses have a median rent of $675 while Units have a median rent of $650.
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