SOLD
Sold on 31 Oct 2023 for $770,000

7 Timewell Crescent
Boronia VIC 3155

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 94m2
Land area: 1011m2
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Property Details for 7 Timewell Cres, Boronia

7 Timewell Cres, Boronia is a 3 bedroom, 1 bathroom House and was built in 1950. The property has a land size of 1011m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 3 bedroom House sold in Boronia in the last 12 months.

Building Type
House
Year Built
1950
Floor Size
94m2
Land Size
1011m2
Local Government
Knox
Lot/Plan
54/LP50290

Last Listing description (December 2023)

This large and extremely rare block of 1,011sqm sits in a quiet street and within a short distance to Boronia Central and all desired amenities - including train station, shops, cafes, parklands, and schools.
Current council zoning (DDO2) permits 1 dwelling per 500sqm, opening up an array of options! Apart from subdivision, you could live in or rent out the character weatherboard home; place a dependent relative's unit in the rear yard; or build extra garaging for all the toys. Or there's the option to demolish and build your dream home on the site - enough room for a substantial single level dwelling (all subject to council approval).

Regardless of your grand plans for this property, this is a unique opportunity in the market. If you've been searching for a home with massive potential in a great location on a large block, then this is it!

Proudly Marketed By Harcourts Boronia. Photo ID Required At Inspections.

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Property History for 7 Timewell Cres, Boronia, VIC 3155

A timeline of how this property has performed in the market
Last Sold
$770,000
31 Oct 2023
  • 31 Oct 2023
    Sold for $770,000
  • 25 Oct 2023
    Listed for Sale Not Disclosed
  • 02 Oct 2011
    Sold for $435,000
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About Boronia 3155

The size of Boronia is approximately 11.3 square kilometres. It has 36 parks covering nearly 7.8% of total area. The population of Boronia in 2011 was 20,825 people. By 2016 the population was 22,190 showing a population growth of 6.6% in the area during that time. The predominant age group in Boronia is 30-39 years. Households in Boronia are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Boronia work in a professional occupation. In 2011, 73.1% of the homes in Boronia were owner-occupied compared with 70.8% in 2016.

Boronia has 12,871 properties. Over the last 5 years, Houses in Boronia have seen a 19.93% increase in median value, while Units have seen a 17.25% increase. As at 30 September 2024:

  • The median value for Houses in Boronia is $817,087 while the median value for Units is $633,742.
  • Houses have a median rent of $550 while Units have a median rent of $505.
There are currently 56 properties listed for sale, and 25 properties listed for rent in Boronia on OnTheHouse. According to CoreLogic's data, 502 properties were sold in the past 12 months in Boronia.

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