62 Macarthur Street, Sale, VIC 3850 | Property Value & History | OnTheHouse
OFF MARKET

62 Macarthur Street
Sale VIC 3850

Bedrooms: -
Bathrooms: -
Car spaces: 1
Floor area: 53m2
Land area: 55m2
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Property Details for 62 Macarthur St, Sale

62 Macarthur St, Sale is a bedroom, bathroom Unit with 1 parking spaces. The property has a land size of 55m2 and floor size of 53m2. While the property is not currently for sale or for rent, it was last sold in September 2016.

Building Type
Unit
Floor Size
53m2
Land Size
55m2
Local Government
Wellington
Lot/Plan
3/SP33936

Last Listing description (September 2016)

A great entry level commercial investment when considering the price and the 7.2% gross return on investment.
LEASE TERM 2 YEARS 29/7/2014 - 29/7/2016
LEASE OPTIONS 1 X 2 YEARS

RENT REVIEW ANNUAL FIXED INCREASE OF 3%
ANNUAL RENT $8,385+ GST (No outgoings) AS OF 29/7/2015
MARKET REVIEW 29/7/2016
Zone: C1Z
AS AT DECEMBER 2014: WATER: $981 PER ANNUM
RATES: $1,130 PER ANNUM
INSURANCE:$400 PER ANNUM

Property History for 62 Macarthur St, Sale, VIC 3850

A timeline of how this property has performed in the market
Last Sold
$126,500
13 Sep 2016
  • 13 Sep 2016
    Sold for $126,500
  • 17 Oct 2014
    Listed for Sale $115,000
  • 18 Sep 2012
    Listed for Sale $115,000
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About Sale 3850

The size of Sale is approximately 46.0 square kilometres. It has 35 parks covering nearly 2.8% of 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 8,962 properties. Over the last 5 years, Houses in Sale have seen a 45.48% increase in median value, while Units have seen a 40.16% increase. As at 31 January 2026:

  • The median value for Houses in Sale is $536,673 while the median value for Units is $328,891.
  • Houses have a median rent of $500 while Units have a median rent of $390.
There are currently 116 properties listed for sale, and 32 properties listed for rent in Sale on OnTheHouse. According to Cotality's data, 538 properties were sold in the past 12 months in Sale.

Suburb Insights for Sale 3850

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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.