OFF MARKET

29 Military Road
Avondale Heights VIC 3034

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 325m2
Improve this data
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 14 Oct 2024
Low
High
Share
Save

Property Details for 29 Military Rd, Avondale Heights

29 Military Rd, Avondale Heights is a 0 bedroom, 0 bathroom House. The property has a land size of 325m2. While the property is not currently for sale or for rent, it was last sold in December 2019.

Building Type
House
Land Size
325m2
Local Government
Moonee Valley
Lot/Plan
1/TP444758

Last Listing description (December 2019)

Positioned to perfection in a vibrant well-patronized shopping village, this unique property (shopfront and two units at the rear) is a must-see for astute commercial investors with its rewarding rental yield (up to $36K per annum), strong capital growth prospects and future value-adding potential.

Home to a popular pizzeria, the shopfront is securely leased for the next two years at $13,040 per annum plus outgoings, along with 2 x 3-year options.


To the rear are two well-presented villas - each comprising one bedroom, bathroom, lounge/meals area and neat kitchen. Currently vacant, they have each been appraised to yield approximately $13K and $10K per annum respectively.

The block itself is commercially zoned (B1Z) and is approximately 324 square metres in size - complete with rear ROW.

The added drawcard of a Coles supermarket up the street, it's also walking distance to Canning Reserve and Maribyrnong River trails, Military Road buses and Cordite Avenue trams, as well as easy access to Highpoint Shopping Centre.

Show More

Property History for 29 Military Rd, Avondale Heights, VIC 3034

A timeline of how this property has performed in the market
Last Sold
$781,000
19 Dec 2019
  • 19 Dec 2019
    Sold for $781,000
  • 27 Nov 2019
    Listed for Sale $660,000 - $720,000

Commute Calculator

Recent sales nearby

See more recent sales nearby

Similar properties For Sale nearby

See more properties for sale nearby

Similar properties For Rent nearby

See more properties for rent nearby

About Avondale Heights 3034

The size of Avondale Heights is approximately 5.4 square kilometres. It has 28 parks covering nearly 27.5% of total area. The population of Avondale Heights in 2011 was 10,989 people. By 2016 the population was 11,631 showing a population growth of 5.8% in the area during that time. The predominant age group in Avondale Heights is 30-39 years. Households in Avondale Heights are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Avondale Heights work in a professional occupation. In 2011, 78.9% of the homes in Avondale Heights were owner-occupied compared with 77.6% in 2016.

Avondale Heights has 5,565 properties. Over the last 5 years, Houses in Avondale Heights have seen a 15.88% increase in median value, while Units have seen a 19.10% increase. As at 30 September 2024:

  • The median value for Houses in Avondale Heights is $957,881 while the median value for Units is $780,144.
  • Houses have a median rent of $550 while Units have a median rent of $600.
There are currently 25 properties listed for sale, and 16 properties listed for rent in Avondale heights on OnTheHouse. According to CoreLogic's data, 185 properties were sold in the past 12 months in Avondale heights.

Avondale Heights Profile Page

Suburb Insights for Avondale Heights 3034

Visit Avondale Heights profile page
Market Insights
Avondale Heights Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Avondale Heights Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Avondale Heights profile page
CoreLogic Copyright and Legal Disclaimers about Property Data

© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

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.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED