FOR SALE
$600,000 - $650,000

53 Gibson Street
Broadmeadows VIC 3047

Bedrooms: 5
Bathrooms: 4
Car spaces: 2
Land area: 588m2
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Auction Time
Sat 11 Jan 10:00 am
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RARE CHANCE TO DEVELOP NEXT TO SCHOOL AND NEARBY STATION

Just behind Penola Catholic College, moments from Pascoe Vale Road and walking distance to Broadmeadows Station, this perfectly positioned subdividable block with endless potential boasts two well-appointed dwellings.
Occupying 588sqm, the uniquely positioned allotment offers developers an ideal opportunity to convert the site into multiple dwellings (STCA) in a prominent location.
With options to develop or hold, the two residences would rent quickly providing the ideal security for you while you prepare the groundwork to subdivide.
Showcasing plenty of natural light, the front dwelling boasts a bright and airy loungeroom that flows through to a well-equipped kitchen.
Three spacious bedrooms share a centrally located bathroom plus a second quality bathroom/laundry room.
The highly versatile second dwelling features full kitchen and bathroom, one large bedroom plus a living area, separate sitting room, and a mud room.
Other highlights and special features include a single garage with parking for two vehicles end-to-end, split-system heating/cooling, low-maintenance gardens and a sprawling backyard that's highly functional for both adults and children.
Beautifully presented for sale, so well located with broad market appeal and limitless possibilities, 53 Gibson Street must be on your shortlist.
DISCLAIMER
The vendor, agent and agency in preparing this information have used our best endeavours to ensure that the information contained therein is true and accurate but accept noresponsibility and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers should make their own inquiries to verify the information contained herein.
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Property Details for 53 Gibson St, Broadmeadows

53 Gibson St, Broadmeadows is a 5 bedroom, 4 bathroom House with 2 parking spaces. The property has a land size of 588m2. The place is currently for sale with Ray White Craigieburn.

Building Type
House
Land Size
588m2

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About Broadmeadows 3047

The size of Broadmeadows is approximately 8.4 square kilometres. It has 13 parks covering nearly 14.2% of total area. The population of Broadmeadows in 2011 was 10,579 people. By 2016 the population was 11,981 showing a population growth of 13.3% in the area during that time. The predominant age group in Broadmeadows is 20-29 years. Households in Broadmeadows are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Broadmeadows work in a labourer occupation. In 2011, 56.3% of the homes in Broadmeadows were owner-occupied compared with 47.1% in 2016.

Broadmeadows has 6,350 properties. Over the last 5 years, Houses in Broadmeadows have seen a 4.72% increase in median value, while Units have seen a 11.14% increase. As at 30 November 2024:

  • The median value for Houses in Broadmeadows is $567,783 while the median value for Units is $430,874.
  • Houses have a median rent of $480 while Units have a median rent of $470.
There are currently 26 properties listed for sale, and 23 properties listed for rent in Broadmeadows on OnTheHouse. According to CoreLogic's data, 257 properties were sold in the past 12 months in Broadmeadows.

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Steph Shepherdson
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Brandice Rizkalla
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Ray White Craigieburn
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