16/741 Whitehorse RoadMont Albert VIC 3127
Property Details for 16/741 Whitehorse Rd, Mont Albert
16/741 Whitehorse Rd, Mont Albert is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2003. The property has a land size of 1903m2 and floor size of 54m2. While the property is not currently for sale or for rent, it was last sold in January 2015.
Last Listing description (January 2015)
*INVESTORS ONLY*
Located within walking distance to The Box Hill Institute, Box Hill Hospital, Box Hill Central
and Box Hill Town Hall, this apartment's location cannot be beaten. With all manner of public transport options such as Trains, Buses and a Tram stop out the front, guests and visitors will have no trouble getting around.
Recently refurbished with new carpets and paint, this is an investment opportunity that should not be missed.
Current Rent: $361 per week ($18,807p/a)
Current Return: 6.7%
Lease Terms: Lease to 28th September 2018 with 3 x 5 Year Options
Rent Increases: 4% per annum (Rent review at 5th year, next due Sept 2018)
Owners Outgoings:
Council Rates: $767 per annum (approx.)
Water Rates: $680 per annum (approx.)
Sinking Fund: $632 per annum (approx.)
Body Corporate Admin Fee: Paid By Tenant
Property History for 16/741 Whitehorse Rd, Mont Albert, VIC 3127
- 23 Jan 2015Sold for $285,000
- 22 Jan 2015Listed for Sale SOLD - $285,000
- 16 Jun 2009Sold for $221,500
Recent sales nearby
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About Mont Albert 3127
The size of Mont Albert is approximately 1.7 square kilometres. It has 5 parks covering nearly 2.4% of total area. The population of Mont Albert in 2016 was 4840 people. By 2021 the population was 4948 showing a population growth of 2.2% in the area during that time. The predominant age group in Mont Albert is 50-59 years. Households in Mont Albert are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Mont Albert work in a professional occupation.In 2021, 69.60% of the homes in Mont Albert were owner-occupied compared with 70.00% in 2016.
Mont Albert has 2,815 properties. Over the last 5 years, Houses in Mont Albert have seen a 21.80% increase in median value, while Units have seen a 21.33% increase. As at 30 November 2025:
- The median value for Houses in Mont Albert is $2,390,450 while the median value for Units is $892,642.
- Houses have a median rent of $750 while Units have a median rent of $600.
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