5 Grange RoadCaulfield East VIC 3145
Property Details for 5 Grange Rd, Caulfield East
Last Listing description (September 2017)
On a magnificent 890sqm approx. in GRZ2 zone, this untouched blank canvass is the development site of the year (STCA).
A wonderful development opportunity suitable for a multitude of opportunities including townhouses, apartments, student accommodation or a single dwelling (all STCA). Or alternatively, make use of the existing planning permit for 20 one bedroom apartments and start your construction immediately.
Currently leased on a month-to-month tenancy, this superb location is so close to Monash University s Caulfield campus, Caulfield station and Caulfield Plaza shopping, walk through the park to Caulfield Racecourse, or catch a bus to Chadstone Shopping Centre.
With less traffic congestion and noise a certainty, this is a prime location for a landmark development (STCA).
Property History for 5 Grange Rd, Caulfield East, VIC 3145
- 23 Aug 2017Sold for $1,500,000
- 25 Jul 2017Listed for Sale Not Disclosed
- 08 Jul 2016Listed for Sale PRICE ON APPLICATION
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0About Caulfield East 3145
The size of Caulfield East is approximately 1.3 square kilometres. It has 3 parks covering nearly 53.9% of total area. The population of Caulfield East in 2011 was 1,237 people. By 2016 the population was 1,582 showing a population growth of 27.9% in the area during that time. The predominant age group in Caulfield East is 20-29 years. Households in Caulfield East are primarily childless couples and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Caulfield East work in a professional occupation. In 2011, 57% of the homes in Caulfield East were owner-occupied compared with 48.8% in 2016.
Caulfield East has 961 properties. Over the last 5 years, Houses in Caulfield East have seen a 12.55% increase in median value, while Units have seen a 3.70% increase. As at 31 October 2024:
- The median value for Houses in Caulfield East is $1,872,409 while the median value for Units is $519,310.
- Houses have a median rent of $775 while Units have a median rent of $410.
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