SOLD
Sold on 16 Aug 2024 for $1,250,000

55 Jarrah Drive
Braeside VIC 3195

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1096m2
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Property Details for 55 Jarrah Dr, Braeside

Building Type
Land
Land Size
1096m2
Local Government
Kingston
Lot/Plan
27/LP209610

Last Listing description (April 2021)

Be quick - an opportunity like this wont last long!

Located just off Boundary Road and the soon-to-be completed Mordialloc Bypass, this rare land/yard lease opportunity is highly sought after.

Total land size: 1,094sqm

- Fantastic location with access to major arterials and near the soon-to-be completed Mordialloc Bypass
- Crushed rock, suitable for truck parking, container storage or a variety of other uses (subject to council approval)
- Fully fenced & securely gated yard

Available immediately. Call us for further information.

Property History for 55 Jarrah Dr, Braeside, VIC 3195

A timeline of how this property has performed in the market
Last Sold
$1,250,000
16 Aug 2024
Listed for Rent
$632/w
22 Apr 2021
  • 16 Aug 2024
    Sold for $1,250,000
  • 24 Aug 2021
    Sold for $750,000
  • 12 Nov 2020
    Listed for Rent $32,917 / year
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About Braeside 3195

The size of Braeside is approximately 8.5 square kilometres. It has 6 parks covering nearly 44.2% of total area. The population of Braeside in 2011 was 10,186 people. By 2016 the population was 6 showing a population decline of 99.9% in the area during that time. The predominant age group in Braeside is 10-19 years. Households in Braeside are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Braeside work in a managers occupation. In 2011, 86.5% of the homes in Braeside were owner-occupied compared with 40% in 2016.

Braeside has 1,667 properties. Over the last 5 years, Houses in Braeside have seen a 30.25% increase in median value, while Units have seen a 16.52% increase. As at 30 November 2024:

  • The median value for Houses in Braeside is $1,541,960 while the median value for Units is $949,118.
There are currently 6 properties listed for sale, and 7 properties listed for rent in Braeside on OnTheHouse. According to CoreLogic's data, 42 properties were sold in the past 12 months in Braeside.

Suburb Insights for Braeside 3195

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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.