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Sold on 03 Aug 2024 - Price Unavailable

34 Boston Street
Fawkner VIC 3060

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Floor area: 205m2
Land area: 587m2
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Property Details for 34 Boston St, Fawkner

34 Boston St, Fawkner is a 3 bedroom, 1 bathroom House with 3 parking spaces. The property has a land size of 587m2 and floor size of 205m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 3 bedroom House sold in Fawkner in the last 12 months.

Building Type
House
Floor Size
205m2
Land Size
587m2
Local Government
Merri-Bek
Lot/Plan
181/LP23858

Last Listing description (August 2024)

Discover an extraordinary opportunity with this vast property at 34 Boston Street, ideal for a first-home buyer or savvy investor. This expansive landholding offers a unique mix of current rental income potential and exciting future development possibilities (STCA).

Imagine revitalizing this home, maintaining rental arrangements, or exploring redevelopment opportunities (STCA). The property's impressive size and prime location offer boundless potential. Located just steps from Sydney Road and close to prestigious local schools and Fawkner's notable amenities, including the Leisure Centre, Bonwick Street shops, and Fawkner station, convenience and potential are perfectly intertwined.

Property Highlights:

Rare landholding with unmatched potential
Multiple pathways to success
Substantial size and development prospects
Prime location near parks and schools
Attractive rental income opportunities

Land size: 587m2 approx.
Deposit: 10% of the purchase price
Settlement preference: 30/45/60/90 days
Rental assessment: $500-$550 per week

Property History for 34 Boston St, Fawkner, VIC 3060

A timeline of how this property has performed in the market
Last Sold
03 Aug 2024
Listed for Rent
$360/w
27 Mar 2017
  • 03 Aug 2024
    Sold for $675,000
  • 19 Jun 2024
    Listed for Sale $1,500,000 - $1,650,000
  • 21 Dec 2016
    Listed for Rent - Price not available
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About Fawkner 3060

The size of Fawkner is approximately 5.3 square kilometres. It has 12 parks covering nearly 15.1% of total area. The population of Fawkner in 2011 was 12,596 people. By 2016 the population was 14,044 showing a population growth of 11.5% in the area during that time. The predominant age group in Fawkner is 30-39 years. Households in Fawkner are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Fawkner work in a professional occupation. In 2011, 71% of the homes in Fawkner were owner-occupied compared with 66.7% in 2016.

Fawkner has 6,397 properties. Over the last 5 years, Houses in Fawkner have seen a 18.03% increase in median value, while Units have seen a 26.98% increase. As at 31 August 2024:

  • The median value for Houses in Fawkner is $758,740 while the median value for Units is $584,412.
  • Houses have a median rent of $550 while Units have a median rent of $500.
There are currently 38 properties listed for sale, and 14 properties listed for rent in Fawkner on OnTheHouse. According to CoreLogic's data, 271 properties were sold in the past 12 months in Fawkner.

Suburb Insights for Fawkner 3060

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Hilda Leong
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Andrew Mizzi
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Ray White Bundoora
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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.