65/116 Main Drive, Macleod, VIC 3085 | Property Value & History | OnTheHouse
OFF MARKET

65/116 Main Drive
Macleod VIC 3085

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 5098m2
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Property Details for 65/116 Main Dr, Macleod

65/116 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 sold in December 2018.

Building Type
Unit
Year Built
2006
Land Size
5098m2
Local Government
Darebin
Lot/Plan
1364/PS436604

Last Listing description (December 2018)

Nestled in the prestigious Springthorpe Estate, offers a rare opportunity for savvy investors to purchase a positive cash flow investment with these outstanding student apartments.

Apartment number 25/ 116 Main Drive Macleod $118,000 - $123,000

- Currently leased $13,560 per annum until 05/07/2019
- Approx 6% net return
- Student Accomodation
- 26sqm
- Split system Heating Cooling
- Close to La Trobe Uni
- Walk to Plenty Road Tram
- Access to Springthorpe Country Club
- Swimming pool
- Tennis Courts
- Gym

Apartment number 65/ 116 Main Drive Macleod $112,000 - $115,000

- Currently leased $11,640 per annum until 17/02/2020
- Approx 6% net return
- Student Accomodation
- 22sqm
- Split system Heating Cooling
- Close to La Trobe Uni
- Walk to Plenty Road Tram
- Access to Springthorpe Country Club
- Swimming pool
- Tennis Courts
- Gym

These modern fully furnished apartments feature secure entry, split heating/cooling, access to common lounge areas, laundry facilities and the opportunity to enjoy complimentary access to Springthorpe County Club. With every convenience moment's away including bus services, La Trobe University, Macleod train station, Plenty Rd tram and Polaris shopping precinct, makes this an excellent choice to either start or add to your property investment portfolio.

Property History for 65/116 Main Dr, Macleod, VIC 3085

A timeline of how this property has performed in the market
Last Sold
$100,000
12 Dec 2018
Listed for Rent
$220/w
16 Aug 2017
  • 12 Dec 2018
    Sold for $100,000
  • 01 Nov 2018
    Listed for Sale $118,000 - $129,000
  • 16 Aug 2017
    Listed for Rent $220 / week
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About Macleod 3085

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 4,910 properties. Over the last 5 years, Houses in Macleod have seen a 24.44% increase in median value, while Units have seen a 16.47% increase. As at 31 December 2025:

  • The median value for Houses in Macleod is $1,137,547 while the median value for Units is $734,388.
  • Houses have a median rent of $595 while Units have a median rent of $550.
There are currently 11 properties listed for sale, and 2 properties listed for rent in Macleod on OnTheHouse. According to Cotality's data, 180 properties were sold in the past 12 months in Macleod.

Suburb Insights for Macleod 3085

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.