SOLD
RECENT ADVICE
Sold on 21 Oct 2024 for $500,000

22 Borrack Square
Altona North VIC 3025

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 120m2
Land area: 120m2
Sold By
MCGRATH CROYDON
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Property Details for 22 Borrack Sq, Altona North

Building Type
Commercial
Floor Size
120m2
Land Size
120m2
Local Government
Hobsons Bay
Lot/Plan
112/LP50196

Last Listing description (October 2022)

The property is a retail / shop of 110m approx. including open plan retail floor space, associated amenities, rear access and abundant onsite car spaces.

The property is located in Melbourne's surging inner west and centrally positioned within Borrack Square's bustling commercial precinct servicing the emerging and growing residential catchment. It is conveniently located adjacent to occupiers such as Woolworths, CBA Bank, Bakers Delight, Chemist Warehouse, Australia Post, TAB and BWS.

Property History for 22 Borrack Sq, Altona North, VIC 3025

A timeline of how this property has performed in the market
Last Sold
$500,000
21 Oct 2024
Listed for Rent
$671/w
23 Aug 2022
  • 21 Oct 2024
    Sold for $500,000
  • 21 Jun 2021
    Listed for Rent $35,000 / year
  • 18 Sep 2011
    Listed for Rent - Price not available

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About Altona North 3025

The size of Altona North is approximately 14.1 square kilometres. It has 21 parks covering nearly 18.9% of total area. The population of Altona North in 2011 was 11,378 people. By 2016 the population was 12,155 showing a population growth of 6.8% in the area during that time. The predominant age group in Altona North is 30-39 years. Households in Altona North are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Altona North work in a professional occupation. In 2011, 68.1% of the homes in Altona North were owner-occupied compared with 66.1% in 2016.

Altona North has 7,761 properties. Over the last 5 years, Houses in Altona North have seen a 9.19% increase in median value, while Units have seen a 24.67% increase. As at 31 October 2024:

  • The median value for Houses in Altona North is $885,104 while the median value for Units is $773,053.
  • Houses have a median rent of $600 while Units have a median rent of $630.
There are currently 31 properties listed for sale, and 15 properties listed for rent in Altona north on OnTheHouse. According to CoreLogic's data, 360 properties were sold in the past 12 months in Altona north.

Suburb Insights for Altona North 3025

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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.