16 Leonard Cres, Ascot Vale is a 5 bedroom, 5 bathroom House with 1 parking spaces and was built in 2019. The property has a land size of 515m2 and floor size of 62m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 5 bedroom House sold in Ascot Vale in the last 12 months.
3-in-1 lifestyle/investment opportunity
In a landmark location moments from Flemington Racecourse, Melbourne Showgrounds and the Maribyrnong River, this grand Californian Bungalow currently offers three distinct self-contained zones (5 bedrooms plus 5 bathrooms) making it ideal for larger/extended families and astute investors alike.
Owned by the one family since 1950 with strong connections to the racing industry, the home's main accommodation comprises three generous bedrooms (one upstairs with city views) complemented by two ensuites and main central bathroom. Add to this a study, light-filled lounge, formal dining room and granite-bench kitchen. The home also includes a self-contained wing with its own entrance (bedroom, bathroom, living/meals area and kitchen) plus a separate bungalow at the rear complete with kitchenette and ensuite. Other stand-out features include a unique alfresco-style entertaining pavilion, sizeable courtyard and expansive front yard (all on title), plus three separate laundry facilities, remote-control garage/workshop and additional gated parking space.
Exceptional inner-urban convenience walking distance to Sugar Beat Cafe, Langs Road buses and Epsom Road trams, local schools and Victoria University, as well as easy access to the vibrant retail precincts of Union Road, Highpoint and Showgrounds Village.
The size of Ascot Vale is approximately 3.8 square kilometres. It has 16 parks covering nearly 20.3% of total area. The population of Ascot Vale in 2011 was 13,476 people. By 2016 the population was 14,742 showing a population growth of 9.4% in the area during that time. The predominant age group in Ascot Vale is 30-39 years. Households in Ascot Vale are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ascot Vale work in a professional occupation. In 2011, 56.7% of the homes in Ascot Vale were owner-occupied compared with 55.5% in 2016.
Ascot Vale has 8,280 properties. Over the last 5 years, Houses in Ascot Vale have seen a 26.15% increase in median value, while Units have seen a 5.08% increase. As at 31 July 2024:
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