SOLD
Sold on 01 May 2024 for $545,000

1 Elliott Avenue
Broadmeadows VIC 3047

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 101m2
Land area: 587m2
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Property Details for 1 Elliott Ave, Broadmeadows

1 Elliott Ave, Broadmeadows is a 3 bedroom, 1 bathroom House and was built in 2012. The property has a land size of 587m2 and floor size of 101m2.This Property is currently listed for sale with Ray White Glenroy

Building Type
House
Year Built
2012
Floor Size
101m2
Land Size
587m2
Local Government
Hume
Lot/Plan
16/LP58944

Last Listing description (September 2024)

Located on Corner of Elliot Avenue & Graham St, this prime 587m2 (approx.) flat land offers an excellent opportunity to build or redevelop (STCA) in a well-established, family-centered neighbourhood. Just a 5-minute stroll from Jack Roper Reserve and playground, this property is ideally situated.

The current property, being sold as-is, has been partially fire-damaged and will require restoration. Whether you choose to renovate the existing structure into a wonderful family home, demolish and build your dream house, or leverage the dual street frontages for redevelopment (subject to relevant planning approvals), the potential here is immense.

Surrounded by lush, mature gardens, the existing home features a classic three-bedroom layout with a spacious front living room and a kitchen with a meals area. The location offers excellent convenience with Olsen Place shops just around the corner and easy access to Camp Road buses that connect directly to Broadmeadows Station and shopping precinct, as well as Campbellfield Plaza and beyond. Additionally, the property is about 15 minutes from the airport and under 20km from Melbourne's CBD, making it perfect for city commuters.

Call Bilal at 0438 586 265 for further information.

All information about this property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to this property.

Property History for 1 Elliott Ave, Broadmeadows, VIC 3047

A timeline of how this property has performed in the market
Last Sold
$545,000
01 May 2024
Listed for Rent
$325/w
15 Dec 2012
  • 06 Aug 2024
    Listed for Sale Contact Agent
  • 01 May 2024
    Sold for $545,000
  • 15 Apr 2024
    Listed for Sale AUCTION | $480K-$520K
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About Broadmeadows 3047

The size of Broadmeadows is approximately 8.4 square kilometres. It has 13 parks covering nearly 14.2% of total area. The population of Broadmeadows in 2011 was 10,579 people. By 2016 the population was 11,981 showing a population growth of 13.3% in the area during that time. The predominant age group in Broadmeadows is 20-29 years. Households in Broadmeadows are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Broadmeadows work in a labourer occupation. In 2011, 56.3% of the homes in Broadmeadows were owner-occupied compared with 47.1% in 2016.

Broadmeadows has 6,276 properties. Over the last 5 years, Houses in Broadmeadows have seen a 11.24% increase in median value, while Units have seen a 7.35% increase. As at 31 July 2024:

  • The median value for Houses in Broadmeadows is $582,904 while the median value for Units is $426,597.
  • Houses have a median rent of $460 while Units have a median rent of $450.
There are currently 26 properties listed for sale, and 9 properties listed for rent in Broadmeadows on OnTheHouse. According to CoreLogic's data, 264 properties were sold in the past 12 months in Broadmeadows.

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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.