SOLD
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Sold on 14 Sep 2024 for $787,000

1/54 Reichelt Avenue
Montmorency VIC 3094

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
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Property Details for 1/54 Reichelt Ave, Montmorency

1/54 Reichelt Ave, Montmorency is a 2 bedroom, 1 bathroom House with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom House sold in Montmorency in the last 12 months.

Building Type
House
Local Government
Banyule
Lot/Plan
1/RP18877

Last Listing description (September 2024)

Only minutes from Were Street and its dining, shopping and entertainment options along with the bus and the train, this tranquil haven set among established gardens delivers a calming ambience without sacrificing convenience! Step into a light-filled, freshly painted, newly carpeted interior. The large lounge extends seamlessly to an expansive deck, complemented by an equally generous paved precinct perfect for relaxed outdoor enjoyment. It is complemented by a spacious meals area cleverly integrating a custom built study space and overlooked by the kitchen. Thoughtfully tucked away from the living and entertainment spaces are the two bedrooms. Sharing a sparkling bathroom with a spa bath, the main includes the convenience of a large walk-in robe. Perfect for first-home buyers, investors, or those looking to add a leafy environment to their lifestyle, this will not disappoint!

~ Fresh paint
~ New carpet
~ Gas and woodfire heating
~ Ducted cooling
~ Under-house and under-deck storage
~ Extensive decked and paved entertainment areas
~ Fitted laundry
~ Double carport

Property History for 1/54 Reichelt Ave, Montmorency, VIC 3094

A timeline of how this property has performed in the market
Last Sold
$787,000
14 Sep 2024
  • 14 Sep 2024
    Sold for $787,000
  • 14 Aug 2024
    Listed for Sale $700,000 to $770,000
  • 01 Jul 1983
    Sold for $50,000

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About Montmorency 3094

The size of Montmorency is approximately 3.8 square kilometres. It has 18 parks covering nearly 7.1% of total area. The population of Montmorency in 2011 was 8,758 people. By 2016 the population was 8,939 showing a population growth of 2.1% in the area during that time. The predominant age group in Montmorency is 40-49 years. Households in Montmorency are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Montmorency work in a professional occupation. In 2011, 80.1% of the homes in Montmorency were owner-occupied compared with 80.2% in 2016.

Montmorency has 4,459 properties. Over the last 5 years, Houses in Montmorency have seen a 31.20% increase in median value, while Units have seen a 25.92% increase. As at 31 August 2024:

  • The median value for Houses in Montmorency is $1,140,916 while the median value for Units is $812,969.
  • Houses have a median rent of $650 while Units have a median rent of $545.
There are currently 19 properties listed for sale, and no properties listed for rent in Montmorency on OnTheHouse. According to CoreLogic's data, 171 properties were sold in the past 12 months in Montmorency.

Suburb Insights for Montmorency 3094

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Ashley Croall
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Jessie Jones
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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.