1 Wallace StreetBentleigh East VIC 3165
Property Details for 1 Wallace St, Bentleigh East
1 Wallace St, Bentleigh East is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1955. The property has a land size of 752m2 and floor size of 121m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 2 bedroom House sold in Bentleigh East in the last 12 months.
Last Listing description (July 2024)
A landholding opportunity of significant scale and scope, the current building envelope comprises an original family home, and a clear, level allotment, making it equally attractive from a renovation perspective or development point-of-view.
Original in style and form, each space emphasises the property's mid-century mood. However, a little work and creative imagination can bring this property into the 21st century.
Its impressive 756 sqm (approx.) allotment is compatible with a side-by-side townhouse or luxury-home build, both of which are encouraged by neighbourhood development precedence.
The property offers builders, developers, and new home buyers a spectacular opportunity to buy into a tightly held residential quarter which includes leading local schools, boutique shopping precincts, parkland & sports grounds. From this central location, walk to Bentleigh & King George Memorial reserves, Centre Road village, Bentleigh & Patterson train stations, Tucker Road Bentleigh Primary School, and Bentleigh Secondary College.
Property History for 1 Wallace St, Bentleigh East, VIC 3165
- 25 Nov 2023Sold for $1,635,000
- 01 Nov 2023Listed for Sale Not Disclosed
- 02 Dec 2021Transferred
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0About Bentleigh East 3165
The size of Bentleigh East is approximately 9 square kilometres. It has 16 parks covering nearly 9.6% of total area. The population of Bentleigh East in 2011 was 25,924 people. By 2016 the population was 27,656 showing a population growth of 6.7% in the area during that time. The predominant age group in Bentleigh East is 40-49 years. Households in Bentleigh East are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bentleigh East work in a professional occupation. In 2011, 76.5% of the homes in Bentleigh East were owner-occupied compared with 75% in 2016.
Bentleigh East has 14,105 properties. Over the last 5 years, Houses in Bentleigh East have seen a 16.90% increase in median value, while Units have seen a 24.71% increase. As at 31 October 2024:
- The median value for Houses in Bentleigh East is $1,464,544 while the median value for Units is $975,552.
- Houses have a median rent of $745 while Units have a median rent of $790.
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