10/10 Prescott Pl, Orelia is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1971. The property has a land size of 109m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in May 2020.
We are pleased to present this 3 x 1, 1st floor unit to the market. Property is to be sold in a "AsIs" condition. Unit has 3 bedrooms, master is a good size and looks over the complex gardens. Bathroom, toilet and laundry are all included in the same room. Kitchen is traditional unit size and would benefit from a face lift. Lounge room leads out onto a small rear balcony. Complex has a communal pool and lush well maintained gardens. 1 carport and storage room is provided for each unit and these are behind locked gates. The unit offers a secure lifestyle. Currently has a tenant on a periodical lease paying $190/week. Based on a full sale price unit is showing a gross return of 7.9% on current rent . Complex is well located in the suburb of Orelia. Public transport is close by along with public open parks, schools, shops.This property would suit a variety of buyers. Potential to increase the rental yield by way of internal upgrades. To arrange a viewing please call me on 0414588084.....
The size of Orelia is approximately 3.0 square kilometres. There are 13 parks, covering nearly 23.3% of the total area. The population of Orelia in 2016 was 4701 people. By 2021 the population was 4535 showing a population decline of 3.5% in the area during that time. The predominant age group in Orelia is 40-49 years. Households in Orelia are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Orelia work in a trades occupation.In 2021, 64.50% of the homes in Orelia were owner-occupied compared with 65.30% in 2016.
Orelia has 2,064 properties. Over the last 5 years, Houses in Orelia have seen a 146.89% increase in median value, while Units have seen a 181.06% increase. As at 31 July 2026:
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