11 Teck StreetAshwood VIC 3147
Property Details for 11 Teck St, Ashwood
11 Teck St, Ashwood is a 0 bedroom, 0 bathroom House and was built in 1950. The property has a land size of 720m2 and floor size of 133m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 0 bedroom House sold in Ashwood in the last 12 months.
Last Listing description (August 2024)
Vacant land - no big trees.
Inspect at your convenience. Contact the agent for more details such as S32 & drawings.
An exceedingly rare opportunity set on the corner of Teck and Harcourt streets, this highly sought-after vacant allotment of 720 square metres (approx.) originally featured architectural plans to build three town houses on it. You can now design your own to create two or three-units development (STCA).
This is a location to fully reward your endeavours, near the thriving cafes scenes of Mount Waverley and Camberwell, as well as Chadstone SC and a selection of first-class private schools which include PLC, Huntingtower, Oakleigh Grammar, Sacred Heart Girls', and Salesian College.
This is truly a landholding with exceptional importance as empty blocks become increasingly rare. Neighbourhood development precedence encourages yield-minded investors and builders to seize the building envelope, and transform this empty block into something significant. Doing so will yield capital gains with immediate and long term benefits, both to the individuals who take on this project and to the area.
Property History for 11 Teck St, Ashwood, VIC 3147
- 27 Apr 2024Sold for $1,560,000
- 22 Mar 2024Listed for Sale Auction this Sat at 2:30pm - must sell
- 05 Mar 2018Sold for $1,195,700
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About Ashwood 3147
The size of Ashwood is approximately 2.6 square kilometres. It has 11 parks covering nearly 12.8% of total area. The population of Ashwood in 2011 was 6,061 people. By 2016 the population was 6,879 showing a population growth of 13.5% in the area during that time. The predominant age group in Ashwood is 30-39 years. Households in Ashwood are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ashwood work in a professional occupation. In 2011, 65.9% of the homes in Ashwood were owner-occupied compared with 59.4% in 2016.
Ashwood has 3,693 properties. Over the last 5 years, Houses in Ashwood have seen a 20.57% increase in median value, while Units have seen a 19.76% increase. As at 31 October 2024:
- The median value for Houses in Ashwood is $1,431,806 while the median value for Units is $1,003,989.
- Houses have a median rent of $660 while Units have a median rent of $630.
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