SOLD
RECENT ADVICE
Sold on 31 Aug 2024 for $502,000

48 Meredith Street
Broadmeadows VIC 3047

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 96m2
Land area: 698m2
Sold By
Jason Real Estate
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Property Details for 48 Meredith St, Broadmeadows

Building Type
Land
Year Built
1970
Floor Size
96m2
Land Size
698m2
Local Government
Hume
Lot/Plan
631/LP11346

Last Listing description (September 2024)

Welcome to an exceptional opportunity in one of Broadmeadows' most coveted locations. This vacant block of land spans approximately 698 m2, presenting an ideal canvas for builders, developers, or families looking to create their dream home.

This sizeable block offers tremendous potential for development, making it an attractive prospect for builders and developers. The possibility of constructing multi-unit dwellings (STCA) ensures a lucrative return on investment.

For families, this land provides the perfect foundation to build a spacious and customized home, surrounded by a vibrant community and essential amenities.

Don't miss this great opportunity.

AH: Joseph Sassine 0419 332 839

Property History for 48 Meredith St, Broadmeadows, VIC 3047

A timeline of how this property has performed in the market
Last Sold
$502,000
31 Aug 2024
Listed for Rent
27 Jul 2020
  • 31 Aug 2024
    Sold for $502,000
  • 17 Jul 2024
    Listed for Sale Not Disclosed
  • 15 Jun 2020
    Listed for Rent - Price not available
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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 6,317 properties. Over the last 5 years, Houses in Broadmeadows have seen a 6.56% increase in median value, while Units have seen a 4.16% increase. As at 31 October 2024:

  • The median value for Houses in Broadmeadows is $573,869 while the median value for Units is $426,525.
  • Houses have a median rent of $480 while Units have a median rent of $468.
There are currently 29 properties listed for sale, and 20 properties listed for rent in Broadmeadows on OnTheHouse. According to CoreLogic's data, 260 properties were sold in the past 12 months in Broadmeadows.

Suburb Insights for Broadmeadows 3047

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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.