1/123 Elgin StreetSale VIC 3850
Property Details for 1/123 Elgin St, Sale
1/123 Elgin St, Sale is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 157m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in October 2018.
Last Listing description (November 2018)
Situated in a popular and central Sale residential location, is this bargain priced investment unit, that is too good to me missed. The property is in a block of 4 units, it has two bedrooms, open plan kitchen/lounge/dining area, utility room, and a roomy bathroom. The unit has dedicated off street parking and has a generous grassed front yard. The unit has a potential rental income of some $180 to $200pw, making this property an outstanding set and forget investment. So, if you re an investor or some-one wanting a cheap place to live, this property is just what you have been looking for, inquire today.
For a Due Diligence Checklist go to: consumer.vic.gov.au/?duediligencechecklist
Or call us on (03) 5144 4333
Property History for 1/123 Elgin St, Sale, VIC 3850
- 23 Oct 2018Sold for $125,000
- 01 Sep 2018Listed for Rent $175 / week
- 07 Dec 2016Listed for Rent $150 / week
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0About Sale 3850
The size of Sale is approximately 46.0 square kilometres. There are 35 parks, covering nearly 2.8% of the total area. The population of Sale in 2016 was 13673 people. By 2021 the population was 14296 showing a population growth of 4.6% in the area during that time. The predominant age group in Sale is 30-39 years. Households in Sale are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Sale work in a professional occupation.In 2021, 64.50% of the homes in Sale were owner-occupied compared with 63.90% in 2016.
Sale has 8,980 properties. Over the last 5 years, Houses in Sale have seen a 48.39% increase in median value, while Units have seen a 41.16% increase. As at 30 June 2026:
- The median value for Houses in Sale is $577,935 while the median value for Units is $364,355.
- Houses have a median rent of $520 while Units have a median rent of $405.
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