7/5 Midland Highway, Mansfield, VIC 3722 sold on 05 May 2025 | OnTheHouse
SOLD
Sold on 05 May 2025 for $395,000

7/5 Midland Highway
Mansfield VIC 3722

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 71m2
Land area: 206m2
Sold By
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Mansfield Real Estate
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Property Details for 7/5 Midland Hwy, Mansfield

7/5 Midland Hwy, Mansfield is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 206m2 and floor size of 71m2. While the property is not currently for sale or for rent, it was last sold in May 2025. There are other 2 bedroom Unit sold in Mansfield in the last 12 months.

Building Type
Unit
Year Built
1970
Floor Size
71m2
Land Size
206m2
Local Government
Mansfield
Lot/Plan
7/RP16746

Last Listing description (June 2025)

As every smart investor or home owner knows, location is key, and you can't get any better than this! Newly renovated in an established set of units, there is direct access to the botanic gardens meters away from the front door and a short stroll to the heart of town.

Key Features:
* Estimated rental return of $380 - $400 per week

* Two generously sized bedrooms with built in robes
* Newly renovated bathroom with walk in shower
* Open plan living and dining area
* Split system
* Separate single car lockup garage
* Beautiful landscaped private garden with cozy outdoor entertaining area
* Situated on 2.96 acres

With high demand and very little supply of affordable accommodation in Mansfield, this is a very low risk investment with a guaranteed reliable return. Or enjoy the low maintenance living for a great first home or retirement option.

Property History for 7/5 Midland Hwy, Mansfield, VIC 3722

A timeline of how this property has performed in the market
Last Sold
$395,000
05 May 2025
  • 05 May 2025
    Sold for $395,000
  • 11 Nov 2024
    Listed for Sale $400,000
  • 17 Sep 2022
    Sold for $309,000
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About Mansfield 3722

The size of Mansfield is approximately 269.8 square kilometres. It has 7 parks covering nearly 0.4% of total area. The population of Mansfield in 2016 was 4787 people. By 2021 the population was 5541 showing a population growth of 15.8% in the area during that time. The predominant age group in Mansfield is 60-69 years. Households in Mansfield are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mansfield work in a trades occupation.In 2021, 74.10% of the homes in Mansfield were owner-occupied compared with 69.60% in 2016.

Mansfield has 4,487 properties. Over the last 5 years, Houses in Mansfield have seen a 45.75% increase in median value, while Units have seen a 69.93% increase. As at 31 October 2025:

  • The median value for Houses in Mansfield is $743,880 while the median value for Units is $579,237.
  • Houses have a median rent of $585 while Units have a median rent of $530.
There are currently 84 properties listed for sale, and 4 properties listed for rent in Mansfield on OnTheHouse. According to Cotality's data, 146 properties were sold in the past 12 months in Mansfield.

Suburb Insights for Mansfield 3722

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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.