151 Eley RoadBlackburn South VIC 3130
Property Details for 151 Eley Rd, Blackburn South
Last Listing description (October 2023)
Gross Waddell ICR is delighted to present to the market this flexible opportunity, superbly located within the Eley & Shaun Shopping Centre, in the sought after eastern suburb of Blackburn South which currently boasts a median house price of $1,330,000 (source: REIV).
Property highlights include:
Triple street frontage totalling 46m*
Commercial 1 (C1Z) zoning
Significant value add / development upside (STCA)
Will suit a host of end uses (STCA)
Offered with vacant possession
For Sale via Public Auction on Friday 27th October 2023 at 12pm on-site.
For further information or to organise a inspection please contact Andrew Greenway 0409 547 626 or Raff De Luise 0418 533 633 from Gross Waddell ICR.
*Approx.
Property History for 151 Eley Rd, Blackburn South, VIC 3130
- 27 Oct 2023Sold for $803,236
- 26 Sep 2023Listed for Sale Contact Agent
- 16 Sep 2009Listed for Rent - Price not available
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0About Blackburn South 3130
The size of Blackburn South is approximately 3.6 square kilometres. It has 17 parks covering nearly 9.7% of total area. The population of Blackburn South in 2011 was 10,585 people. By 2016 the population was 10,797 showing a population growth of 2.0% in the area during that time. The predominant age group in Blackburn South is 40-49 years. Households in Blackburn South are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Blackburn South work in a professional occupation. In 2011, 74.7% of the homes in Blackburn South were owner-occupied compared with 73% in 2016.
Blackburn South has 5,037 properties. Over the last 5 years, Houses in Blackburn South have seen a 26.28% increase in median value, while Units have seen a 11.21% increase. As at 31 July 2024:
- The median value for Houses in Blackburn South is $1,294,061 while the median value for Units is $825,302.
- Houses have a median rent of $600 while Units have a median rent of $600.
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