FOR SALE
ESR: $1,000,000 - $1,100,000

28 Silver Street
Eltham VIC 3095

Bedrooms: 4
Bathrooms: 2
Car spaces: -
Land area: 1184m2
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Comfortable Mudbrick With Permits In Place For Subdivision

Set on a tree-lined street just minutes from the heart of Eltham and every advantage that brings, this mudbrick home, an original Alistair Knox cottage that has been extended over time to meet the needs of a growing family, creates a fabulous and increasingly rare opportunity for buyers with vision.
Filled with character, timber and re-purposed brick floors, timber-lined walls and ceilings, exposed beams, and floor-to-ceiling windows come together in a charm-filled interior surrounded by an allotment featuring exceptional proportions of
1,184 m2 (approx).
Anchored by a spacious lounge, the ground floor comprises a large bedroom, a functional timber kitchen, a second living area, and an original bathroom. The first floor introduces three further bedrooms, sharing a family bathroom and a light-filled study/retreat, depending on your needs.
An ideal blend of instant comfort and immense potential, astute buyers can look to enjoy before enhancing and creating a dream home in a dream location. (stca)
As a welcome bonus, the sale will include permits to subdivide the land, providing a second 320 m2 allotment (approximately) in front of the existing home.
Buyers can look to reap the rewards of introducing a new home to the blank canvas at the front (stca), on-selling, living in it or providing a home for extended family. Alternatively, they can retain the land, using it to create their own garden hideaway and land banking for the future. The options are endless!
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Property Details for 28 Silver St, Eltham

28 Silver St, Eltham is a 4 bedroom, 2 bathroom House. The property has a land size of 1184m2. The place is currently for sale with Morrison Kleeman Eltham | Greensborough | Doreen.

Building Type
House
Land Size
1184m2

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About Eltham 3095

The size of Eltham is approximately 16.6 square kilometres. It has 55 parks covering nearly 15.2% of total area. The population of Eltham in 2011 was 18,162 people. By 2016 the population was 18,303 showing a population growth of 0.8% in the area during that time. The predominant age group in Eltham is 40-49 years. Households in Eltham are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Eltham work in a professional occupation. In 2011, 85.6% of the homes in Eltham were owner-occupied compared with 85.5% in 2016.

Eltham has 8,542 properties. Over the last 5 years, Houses in Eltham have seen a 32.49% increase in median value, while Units have seen a 26.72% increase. As at 31 August 2024:

  • The median value for Houses in Eltham is $1,210,708 while the median value for Units is $789,673.
  • Houses have a median rent of $670 while Units have a median rent of $580.
There are currently 26 properties listed for sale, and 4 properties listed for rent in Eltham on OnTheHouse. According to CoreLogic's data, 322 properties were sold in the past 12 months in Eltham.

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Craig Parker
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Ciaran Brannigan
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Morrison Kleeman Eltham | Greensborough | Doreen
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.