OFF MARKET

17 Lorraine Drive
Briar Hill VIC 3088

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 133m2
Land area: 1121m2
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Last updated 11 Nov 2024
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Property Details for 17 Lorraine Dr, Briar Hill

17 Lorraine Dr, Briar Hill is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 1121m2 and floor size of 133m2. While the property is not currently for sale or for rent, it was last sold in May 2016.

Building Type
House
Floor Size
133m2
Land Size
1121m2
Local Government
Banyule
Lot/Plan
29/LP51469

Last Listing description (June 2016)

Situated on an enormous 1,101m2 allotment is this neatly presented, brick family home lending itself to endless options and possibilities. Boasting a prime Briar Hill address close to all local shops, schools and transport, the home comprises spacious bedrooms and living spaces with bones as good as any! Convenient side access takes you through to the huge backyard, presenting itself as a blank canvas for the most astute of purchasers, whether it be development, renovation, extension or potential dual occupancy (STCA).
Features include:

* Huge allotment of 1,101m2 in a tightly held Briar Hill pocket
* Neatly presented home with functional floor plan and generously proportioned bedrooms
* Very solid structure - great foundations
* Great location, close to all local shops, schools and public transport
* Flat block with huge scope for improvement - renovation, extension, development or dual occupancy (STCA)
* Wide driveway up left hand side with great access through to rear yard
* Good block frontage, with current dwelling set on front portion of the land
Expressions of Interest - offers close Tuesday 7th June at 6pm (unless sold prior)

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Property History for 17 Lorraine Dr, Briar Hill, VIC 3088

A timeline of how this property has performed in the market
Last Sold
$762,000
31 May 2016
  • 31 May 2016
    Sold for $762,000
  • 10 May 2016
    Listed for Sale $640,000 - $720,000

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About Briar Hill 3088

The size of Briar Hill is approximately 1.3 square kilometres. It has 5 parks covering nearly 1.5% of total area. The population of Briar Hill in 2011 was 3,091 people. By 2016 the population was 3,157 showing a population growth of 2.1% in the area during that time. The predominant age group in Briar Hill is 30-39 years. Households in Briar Hill are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Briar Hill work in a professional occupation. In 2011, 78.6% of the homes in Briar Hill were owner-occupied compared with 79.5% in 2016.

Briar Hill has 1,654 properties. Over the last 5 years, Houses in Briar Hill have seen a 22.35% increase in median value, while Units have seen a 19.82% increase. As at 31 October 2024:

  • The median value for Houses in Briar Hill is $1,109,191 while the median value for Units is $773,062.
  • Houses have a median rent of $595 while Units have a median rent of $500.
There are currently 7 properties listed for sale, and no properties listed for rent in Briar hill on OnTheHouse. According to CoreLogic's data, 57 properties were sold in the past 12 months in Briar hill.

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