FOR SALE
Auction | $1,000,000 - $1,100,000

31 Margot Street
Chadstone VIC 3148

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 598m2
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Auction Time
Sat 21 Sep 11:00 am
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Prime Opportunity in Chadstone

Unlock the potential of this superbly positioned single-level home, set on a generous 598sqm (approx.) flat allotment in the highly sought-after suburb of Chadstone. Whether you're looking to build your dream family home or develop a stylish block of ultra-modern townhouses (STCA), this property offers a rare opportunity to create something special in an enviable location. The existing three-bedroom, one-bathroom home is perfectly livable, making it ideal for those wishing to rent out while planning their future masterpiece. With easy access to Chadstone Shopping Centre, parks, top-rated schools, and the Monash Freeway, you'll enjoy the ultimate blend of lifestyle and convenience. This is your chance to capitalize on a premier location and bring your vision to life.
Features:
• Prime 598sqm (approx.) flat allotment
• Versatile development opportunity (STCA)
• Single-level three-bedroom, one-bathroom home
• Close proximity to Chadstone Shopping Centre and parks
• Easy access to schools and Monash Freeway
Disclaimer: We have, in preparing this document, used our best endeavors to ensure that the information contained in this document is true and accurate, but we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospective purchasers should make their own enquiries to verify the information contained in this document. Purchasers should make their own enquiries and refer to the due diligence checklist provided by Consumer Affairs. Click on the link for a copy of the due diligence checklist from Consumer Affairs. http://www.consumer.vic.gov.au/duediligencechecklist
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Property Details for 31 Margot St, Chadstone

31 Margot St, Chadstone is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 598m2. The place is currently for sale with Ray White Ashburton.

Building Type
House
Land Size
598m2

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About Chadstone 3148

The size of Chadstone is approximately 3.1 square kilometres. It has 7 parks covering nearly 9.6% of total area. The population of Chadstone in 2011 was 7,819 people. By 2016 the population was 8,626 showing a population growth of 10.3% in the area during that time. The predominant age group in Chadstone is 20-29 years. Households in Chadstone are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Chadstone work in a professional occupation. In 2011, 59.6% of the homes in Chadstone were owner-occupied compared with 57.5% in 2016.

Chadstone has 5,063 properties. Over the last 5 years, Houses in Chadstone have seen a 30.72% increase in median value, while Units have seen a 28.36% increase. As at 31 August 2024:

  • The median value for Houses in Chadstone is $1,298,256 while the median value for Units is $906,916.
  • Houses have a median rent of $630 while Units have a median rent of $600.
There are currently 20 properties listed for sale, and 11 properties listed for rent in Chadstone on OnTheHouse. According to CoreLogic's data, 187 properties were sold in the past 12 months in Chadstone.

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