Property Auction Result

56 Commercial Rd, Majorca VIC 3465

Land

56 Commercial Rd, Majorca VIC 3465

Sold `$160,000` on 31 Aug 2020

Distance To CBD: 130.14 km
Measure Land Size
Agency: Ballarat Real Estate Pty Ltd
Nearby Sold Price

Sold

Stamp Duty

^$5,303

*based on property value $160,000 for investment

Mortgage registration fee ^$108

Transfer fee ^$525

Stamp duty on property ^$4,670

Monthly Repayment

^$ 687

*based on loan amount $128,000 for principal and interest

Total interest payable ^$119,367

Loan Term 30 years

Annual Interest Rate 5.00%

Comparable Sold Properties

Address	Type					Sold Price
284 Talbot Road Majorca 3465	residential land	0	0	0	Dec 2023	`$150,000`
301 Talbot Road Majorca 3465	residential land	0	0	0	Sep 2023	`$65,000`
88 Commercial Road Majorca 3465	residential land	0	0	0	Jun 2023	`$69,000`
19 William Street Majorca 3465	residential land	0	0	0	Feb 2023	`$150,000`
55 Holmes Road Majorca 3465	residential land	0	0	0	May 2022	`$253,000`
254 Talbot Road Majorca 3465	residential land	0	0	0	Nov 2021	`$250,000`
15 Nesbit Road Majorca 3465	residential land	0	0	0	Oct 2021	`$307,500`
Address available on request Majorca 3465	residential land	0	0	0	Oct 2021	`$120,000`

Where Melbourne's immigrants were born

Majorca, VIC 3465 (`128.99 km` to CBD)

Median House Price

$350,000

Surrounding Suburbs

Nearby Train Stations

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