Back 22/429 McDonald Rd
Off Market

22/429 McDonald Rd

Lavington NSW 2641

2
1
1
Unit
Ian RitchieIan Ritchie, last sold this property on 20 April 2022 after 428 days on market.

Overview

Set & Forget Investment Opportunity!

Are you looking for that next portolio addition, or perhaps an entry level investment - then take a look at this set and forget opportunity. This unit is situated on the second floor with a great tenant paying $180 per week, in a fixed term lease until October 2022. (Estimated rental return for this type of property is in a range of $200-$220 per week). Comprising of 2 bedrooms, built-in-robes,spacious open plan living with adjoining kitchen, electric cooking and heating, separate dining area that flows to the outside balcony, separate bathroom and laundry with a quaint additional balcony adjacent to laundry. One of only a few in the complex with a private carport. Well positioned unit only 1km and short walking distance from Lavington Centro, as well as all local amenities. Contact for your inspection today!

Features

2 bedrooms
1 bathroom
1 carspace
1 carport space
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Lavington over the last 12 months, the estimated median property value of 22/429 McDonald Rd is $345k.

Median value
$345k
Estimated value range
$237.5k - $542.5k
Median days on market
27
Estimated value trend
19%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Lavington. 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 22/429 McDonald Rd

2024
Rented
Undisclosed
Leased on 18 Feb 2024 by McGrath Albury/Wodonga
2023
Rented
Undisclosed
Leased on 02 Jan 2023 by Georgette Nehme Real Estate
2022
Sold
Undisclosed
20 Apr 2022 by Ian Ritchie, of Ian Ritchie Real Estate

Happy sellers in Lavington

97%
97% of sellers in Lavington reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 11 reviews in Lavington over the last 12 months.

Local market activity for 2 bedroom units in Lavington

In the last 12 months, 16 two-bedroom units similar to 22/429 McDonald Rd, have been sold.

This represents a 49% increase in two-bedroom units sales when compared to the previous 12 months.

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