5/1-3 Wendy AvenueMount Eliza VIC 3930
Property Details for 5/1-3 Wendy Ave, Mount Eliza
5/1-3 Wendy Ave, Mount Eliza is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 90m2 and floor size of 62m2. While the property is not currently for sale or for rent, it was last sold in May 2024.
Last Listing description (February 2024)
CURRENTLY LEASED UNTIL JUNE 2025 AT $390PW - 4% RETURN.
Just 450 metres to Mount Eliza's charming boutique shops, delightful restaurants and cosy cafes, this immaculate 1 bedroom unit offers a dream opportunity for astute investors. Currently leased to a reliable tenant until July 2025, the property promises a steady stream of returns, exceeding $20K annually.
Bathed in natural light, the single-level floorplan impresses with open-plan living and dining with parquet timber flooring spilling into a well-equipped modern kitchen with quality cabinetry and stainless-steel appliances, including a gas cooktop, Lofra oven and Fisher & Paykel dishwasher.
For those who relish outdoor living, the rear sun-drenched courtyard is a highlight, providing a perfect setting for a quiet cuppa or glass of wine with friends before strolling to dinner in the village, while a communal courtyard garden out the front offers an alternative alfresco setting to mingle with the neighbours.
The generously-sized bedroom boasts built-in robes and a split-system, ensuring comfort throughout the year, and is serviced by a modern bathroom with a shower / junior-bath combo as well as a full laundry.
An easy stroll to supermarkets, bakeries, essential services and public transport with a choice of golden beaches beyond, the property includes a second split-system, laundry facilities and an undercover car space.
Delivering a stand-out prospect for those looking to enrich their portfolio with a hassle-free, set-and-forget investment, the property's village-fringe location ensures it will always be in demand with singles, couples and downsizers.
TO VIEW BUYER DUE DILIGENCE CHECKLIST VIEW
http://consumer.vic.gov.au/duediligencechecklist
Property History for 5/1-3 Wendy Ave, Mount Eliza, VIC 3930
- 17 May 2024Sold for $430,000
- 07 Aug 2023Listed for Sale $470,000 - $495,000
- 15 Jan 2022Sold for $460,000
Recent sales nearby
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About Mount Eliza 3930
The size of Mount Eliza is approximately 23.4 square kilometres. It has 46 parks covering nearly 8.9% of total area. The population of Mount Eliza in 2016 was 17888 people. By 2021 the population was 18734 showing a population growth of 4.7% in the area during that time. The predominant age group in Mount Eliza is 10-19 years. Households in Mount Eliza are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Mount Eliza work in a professional occupation.In 2021, 89.60% of the homes in Mount Eliza were owner-occupied compared with 88.00% in 2016.
Mount Eliza has 7,897 properties. Over the last 5 years, Houses in Mount Eliza have seen a 10.88% increase in median value, while Units have seen a 24.11% increase. As at 31 January 2026:
- The median value for Houses in Mount Eliza is $1,674,820 while the median value for Units is $791,444.
- Houses have a median rent of $1,050 while Units have a median rent of $520.
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