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1/59 Lindsay Street, Heywood$245,000
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1/59 Lindsay Street

Heywood, VIC 3304, Australia
$245,000
2 bed 1 bath 1 car

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About this property

Located just 850 metres from the centre of Heywood, tidy two-bedroom brick veneer unit presents an outstanding opportunity for investors seeking a low-maintenance property with strong rental appeal. Neat, tidy, and easy to care for, the home features two generously sized bedrooms, each with large built-in robes a highly desirable inclusion for tenants. The living and bedroom areas are fully carpeted, creating a comfortable and inviting interior, while electric heating and appliances ensure simple, cost-effective maintenance. A single garage provides secure parking or additional storage space, adding further practicality for occupants. Outside, the fenced side courtyard offers private outdoor space ideal for a small veggie garden or outdoor setting an attractive feature for long-term tenants seeking low-maintenance living with a touch of lifestyle appeal. Positioned within easy walking distance to local shops, services, and everyday amenities, the property's convenient location enhances its rental demand and ongoing tenant appeal. With its solid presentation, practical layout, and prime proximity to town, this property represents a smart addition to any investment portfolio. Currently leased until 22 October 2026 at $300 per week, increasing to $320 per week from May 2026.

Property Details

Property Type
apartment
Listing Type
Sold
Bedrooms
2
Bathrooms
1
Parking
1
Listed
3 months ago

Repayment calculator

$1,188/month
$594 /fortnight
Loan $196,000 at 6.10% over 30 years

Upfront costs

Deposit$49,000
Stamp duty$9,770
Conveyancing (est.)$2,000
Total upfront$60,770
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Heywood

This 2-bedroom apartment in Heywood, VIC 3304 sits within reach of and nearby schools. It is listed 59% below the $595,000 median of 32 comparable apartmentswithin 5 km.

Schools near Heywood

  • Heywood Consolidated Schoolprimary · Prep-6 · CoEd
  • Heywood District Secondary Collegesecondary · 7-12 · CoEd

Heywood at a glance

Full suburb profile
Population
1,815
Median age
48
Household income
$1,077/wk
Median rent
$180/wk
Median mortgage
$1,025/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Heywood price trend

Median sold · House 3 bed

Compound growth +7.4% / yr over 4 yrs

$330kcurrent median

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