FOR SALE
$420,000 - $460,000

4/21 Lock Street
Fawkner VIC 3060

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Smart Start, Ideal Investment

Looking for a great first home or investment? This updated 2-bedroom brick villa, located near essential amenities, is perfect for living or investing. Close to train and bus hubs, Sydney Road, Merri Creek Parklands, the Western Ring Road, and local schools and shops, it's a real gem.
This low-maintenance, 1970s brick villa, features a recently renovated kitchen with electric appliances, an open-plan living and dining area with modern hybrid flooring, two carpeted bedrooms (one with a robe), a stylishly renovated bathroom, covered pergola, a private courtyard with a shed, a single carport, and heating/cooling in all main areas, with no owners corporation fees and a potential rental return of $420-$460 per week.
The area offers easy walking access to Major and Lynch Rd, Sydney Rd shopping strips, Fawkner Train Station, and the bus hub, while being surrounded by parks, reserves, and local schools; it's just 12.5 km from the CBD with convenient City Link, Ring Road, and airport access.
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Property Details for 4/21 Lock St, Fawkner

4/21 Lock St, Fawkner is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The place is currently for sale with Love Real Estate - Mill Park.

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Unit

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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 15 properties listed for rent in Fawkner on OnTheHouse. According to CoreLogic's data, 272 properties were sold in the past 12 months in Fawkner.

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Suburb Insights for Fawkner 3060

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John Gioftsidis
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Jim Vasiliou
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Love Real Estate - Mill Park
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