7 Sylvan Way, Glenalta is a 4 bedroom, 2 bathroom House with 3 parking spaces and was built in 1972. The property has a land size of 770m2 and floor size of 169m2. While the property is not currently for sale or for rent, it was last sold in August 2010.
UNDER CONTRACT!!! ~ A SEA OF GREEN ALL THE WAY TO MT. LOFTY
This well maintained and presented home in an idyllic leafy green setting would ideally suit artists, teachers, parents, homemakers, children & investors. It is presently predisposed as a 3 bedroom, lounge, kitchen, first bathroom with separate toilet and laundry areas upstairs (at street level); and a large studio with sink area, art storage room, and second bathroom/toilet areas downstairs.
But it could also be predisposed as a family home with a total of 4 bedrooms, 2 lounge rooms, 2 kitchens, 2 bathrooms and 2 toilet areas. Or the upstairs (street level) could be used as a 3 bedroom family home whilst the lower level, also with separate street access, could be rented out to pay the mortgage whilst the owners were also living upstairs (with a significantly reduced mortgage). Or, the lower section could be used as a separate granny flat or teenage retreat.
The size of Glenalta is approximately 1.2 square kilometres. It has 5 parks covering nearly 7.6% of total area. The population of Glenalta in 2011 was 1,979 people. By 2016 the population was 1,972 showing a population decline of 0.4% in the area during that time. The predominant age group in Glenalta is 40-49 years. Households in Glenalta are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Glenalta work in a professional occupation. In 2011, 87.9% of the homes in Glenalta were owner-occupied compared with 89.5% in 2016.
Glenalta has 818 properties. Over the last 5 years, Houses in Glenalta have seen a 92.13% increase in median value, while Units have seen a 83.28% increase. As at 31 October 2024:
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