19/116 Main Dr, Macleod is a 1 bedroom, 1 bathroom Unit and was built in 2006. The property has a land size of 5098m2. While the property is not currently for sale or for rent, it was last transferred in May 2023.
SOLD By Miles Real Estate.
The beginning of a brilliant investment strategy or a smart new addition to your property portfolio, this secure studio apartment presents a rewarding opportunity in a peaceful parkland setting by La Trobe University. Convenient, quiet and safe residential surroundings in the prestigious Springthorpe Estate create an ideal setting for this Student Accommodation apartment in popular Kingsbury Gardens that offers excellent returns. Located within a short stroll of the Bundoora Campus and amenities, this fully-furnished studio apartment is situated on the first-floor with an outlook to the Strathallan Golf Club and offers associated benefits of common lounge, laundry and recreation areas, bicycle storage, complimentary access to the Springthorpe Country Club (tennis court, gym, swimming pool) and free courtesy bus to the university. This completely comfortable and absolutely low-maintenance apartment comprises of one bedroom with built-in robes, lounge with fitted study desk, kitchen with stainless-steel gas cooktop, immaculate bathroom and split-system heating/cooling. An exciting and affordable investment opportunity providing residents with easy walking access to La Trobe University, Polaris Shopping Centre, cafes and restaurants, Plenty Road tram to the city and parklands.
The size of Macleod is approximately 4.6 square kilometres. It has 23 parks covering nearly 17.6% of total area. The population of Macleod in 2016 was 9769 people. By 2021 the population was 9892 showing a population growth of 1.3% in the area during that time. The predominant age group in Macleod is 30-39 years. Households in Macleod are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Macleod work in a professional occupation.In 2021, 73.10% of the homes in Macleod were owner-occupied compared with 72.60% in 2016.
Macleod has 4,914 properties. Over the last 5 years, Houses in Macleod have seen a 14.34% increase in median value, while Units have seen a 9.29% increase. As at 31 March 2026:
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