FOR SALE
$450,000 - $490,000

5/31 The Esplanade
Maribyrnong VIC 3032

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 82m2
Land area: 1066m2
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5/31 The Esplanade, Maribyrnong, VIC: Exceptional Living in a Prime Location

Nestled in the tranquil Maribyrnong River parks precinct, 5/31 The Esplanade offers not just a home, but an outstanding investment opportunity. With a solid 5% rental return per annum, this two-bedroom brick and tile villa is perfect for investors, first home buyers, and professionals alike.
Key Features:
Prime Location: Just 300 meters from the scenic Maribyrnong River, enjoy picturesque trails, the convenience of Highpoint Shopping Centre, and family-friendly Coulson Gardens just a minute's walk away. Plus, easy access to trams ensures seamless connectivity.
Superior Design: This single-level residence is crafted with quality fixtures, a contemporary color palette, and polished wooden floors that flood the home with natural light, enhancing the sense of space.
Open-Plan Living: The modern kitchen flows effortlessly into the open-plan living and dining area, which opens out to a beautifully landscaped rear garden. With a high fence for added privacy, it's the perfect space for entertaining or simply unwinding.
Well-Appointed Bedrooms: Both bedrooms are spacious and include built-in robes, offering ample storage and comfort.
Modern Amenities: Enjoy the convenience of an updated bathroom, separate laundry, separate w/c, double-glazed windows, and new drapes that add to the home's contemporary feel.
Ample Parking: With a secure garage and plenty of street parking, you'll never have to worry about finding a spot.
This beautifully maintained villa is more than just a home; it's an investment in lifestyle and financial security. Whether you're looking to enter the property market, downsize, or expand your portfolio, this property is a rare find in a sought-after location.
Don't Miss Out! Secure your future and enjoy all that Maribyrnong has to offer. Contact us today to make 5/31 The Esplanade yours!
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Property Details for 5/31 The Esplanade, Maribyrnong

5/31 The Esplanade, Maribyrnong is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 1066m2 and floor size of 82m2. The place is currently for sale with Raine & Horne Glenroy.

Building Type
Unit
Floor Size
82m2
Land Size
1066m2

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About Maribyrnong 3032

The size of Maribyrnong is approximately 5.5 square kilometres. It has 31 parks covering nearly 17% of total area. The population of Maribyrnong in 2011 was 10,164 people. By 2016 the population was 12,214 showing a population growth of 20.2% in the area during that time. The predominant age group in Maribyrnong is 20-29 years. Households in Maribyrnong are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Maribyrnong work in a professional occupation. In 2011, 66.4% of the homes in Maribyrnong were owner-occupied compared with 57.6% in 2016.

Maribyrnong has 7,610 properties. Over the last 5 years, Houses in Maribyrnong have seen a 27.12% increase in median value, while Units have seen a 5.10% increase. As at 31 July 2024:

  • The median value for Houses in Maribyrnong is $1,237,693 while the median value for Units is $524,408.
  • Houses have a median rent of $650 while Units have a median rent of $500.
There are currently 44 properties listed for sale, and 24 properties listed for rent in Maribyrnong on OnTheHouse. According to CoreLogic's data, 289 properties were sold in the past 12 months in Maribyrnong.

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Dev Sareen
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Mian Sarfraz
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Raine & Horne Glenroy
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