42/116 Main Dr, Macleod is a 1 bedroom, 1 bathroom Unit and was built in 2007. The property has a land size of 5098m2 and floor size of 24m2. While the property is not currently for sale or for rent, it was last sold in March 2023.
Conveniently positioned only a short distance from La Trobe University, presents a positive cashflow investment opportunity to secure this extra spacious student apartment on offer.
Currently leased and fully furnished including double bed, couch, TV, inbuilt study desk, fridge features heating/cooling with access to laundry facilities, recreational rooms all set in a secure complex. Add to this complimentary access to Springthorpe Country Club facilities including gym and pool, Strathallan golf course next door, free Glider bus services at your doorstep all set within a short stroll to Polaris Shopping precinct, Macleod train station and Plenty Road 86 tram.
This is the perfect choice to either start or add to your investment portfolio or utilise your self managed superfund to secure your future.
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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