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Back 133/116 Main Dr
Off Market

133/116 Main Dr

Macleod VIC 3085

2
1
Unit
Last sold for $140,000
Tom PriceTom Price, last sold this property on 03 May 2026 after 66 days on market.

Overview

Rare Opportunity

For astute investors looking to grow or diversify their portfolio, this is an exceptional opportunity to acquire a high-yield cash flow property in the highly sought-after Springthorpe Estate. Located just moments from La Trobe University, the Plenty Rd tram, Macleod Station, and the Polaris shopping precinct, this apartment offers unbeatable convenience, making it an ideal choice for STUDENT ACCOMMODATION. Current rental estimate is at $420 per week. Presenting an attractive investment prospect. Situated on the ground floor, the apartment is fully furnished and boasts a spacious open-plan living area. It also features secure entry and access to communal amenities, including a lounge area and laundry facilities. Residents benefit from complimentary access to the prestigious Springthorpe Country Club, with a wide range of top-tier amenities including: A fully equipped gymnasium Tennis courts Swimming pool Computer/internet facilities Recreational areas and outdoor BBQ spaces This property offers not only a strong rental return but also a lifestyle that attracts quality tenants. Don't miss your chance to invest in a property that delivers both solid income and an enviable living experience.

Features

2 bedrooms
1 bathroom
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Macleod over the last 12 months, the estimated median property value of 133/116 Main Dr is $730k.

Median value
$730k
Estimated value range
$140k - $961k
Median days on market
26
Estimated value trend
9%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Macleod. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 133/116 Main Dr

2026
Sold
$140,000
03 May 2026 by Tom Price, of Barry Plant Bundoora

Happy sellers in Macleod

92%
92% of sellers in Macleod reported that their sale price either exceeded or met their price expectations.

Macleod stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 25 reviews in Macleod over the last 12 months.

Local market activity for 2 bedroom units in Macleod

In the last 12 months, 16 two-bedroom units similar to 133/116 Main Dr, have been sold.

This represents a 14% decrease in two-bedroom units sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Macleod

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Brett Schembri

Brett Schembri is an award winning recommended agent for Macleod.  They have 44 local sales and collected 18 local reviews across the last 12 months.

  •   4.9   (278 reviews)
  •  18 Reviews in Macleod
  •  44 Sales in Macleod
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Renato Barra

Renato Barra is a recommended agent for Macleod.  They have 8 local sales and collected 9 local reviews across the last 12 months.

  •   4.9   (119 reviews)
  •  9 Reviews in Macleod
  •  8 Sales in Macleod
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Stuart Buckingham

Sellers who recommend Stuart Buckingham have praised them for being local expert, clear communication, reliable, supportive, great negotiation, hard-working and honest

  •   4.8   (164 reviews)
  •  1 Review in Macleod
  •  5 Sales in Macleod
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Domenic Malgeri

Domenic Malgeri is a recommended agent for Macleod.  They have 5 local sales and collected 1 local review across the last 12 months.

  •   4.8   (11 reviews)
  •  1 Review in Macleod
  •  5 Sales in Macleod
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