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Sold on 04 Mar 2024 - Price Unavailable

13 Meadowgate Drive
Chirnside Park VIC 3116

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 163m2
Land area: 193m2
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Property Details for 13 Meadowgate Dr, Chirnside Park

Building Type
Commercial
Floor Size
163m2
Land Size
193m2

Last Listing description (March 2024)

Occupying 193m2 (approx.) With a building area of 163m2 (approx.) Providing allocated parking for the occupants at the rear and for customers at the front.

Outstanding retail exposure with frontage in a rare strip shopping location in the heart of Chirnside Park within moments to Chirnside Park shopping centre and bustling precinct.

Chirnside Park is a high growth location on Melbourne's eastern suburbs, experiencing extensive population growth, state government infrastructure investment and expansion of commercial amenities.

Securely tenanted for $1755.62PCM Plus GST and Outgoings, for 5 years with an option of a further 5 years with CPI increases.

Do not miss your chance to secure this high-quality investment opportunity.

Property History for 13 Meadowgate Dr, Chirnside Park, VIC 3116

A timeline of how this property has performed in the market
Last Sold
04 Mar 2024
Listed for Rent
$19/w
12 Jun 2008
  • 28 Feb 2024
    Sold for $405,000
  • 12 Feb 2024
    Listed for Sale $350,000-$385,000
  • 17 Dec 2007
    Listed for Rent $987 / year
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About Chirnside Park 3116

The size of Chirnside Park is approximately 22.3 square kilometres. It has 25 parks covering nearly 8.4% of total area. The population of Chirnside Park in 2011 was 9,124 people. By 2016 the population was 9,849 showing a population growth of 7.9% in the area during that time. The predominant age group in Chirnside Park is 40-49 years. Households in Chirnside Park are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Chirnside Park work in a trades occupation. In 2011, 86.6% of the homes in Chirnside Park were owner-occupied compared with 83.9% in 2016.

Chirnside Park has 5,328 properties. Over the last 5 years, Houses in Chirnside Park have seen a 25.76% increase in median value, while Units have seen a 15.22% increase. As at 30 November 2024:

  • The median value for Houses in Chirnside Park is $931,014 while the median value for Units is $689,350.
  • Houses have a median rent of $600 while Units have a median rent of $600.
There are currently 21 properties listed for sale, and 4 properties listed for rent in Chirnside park on OnTheHouse. According to CoreLogic's data, 231 properties were sold in the past 12 months in Chirnside park.

Suburb Insights for Chirnside Park 3116

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Contact agent
Bruno Cascianelli
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Graham Reynolds
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Woodards Lilydale & Yarra Valley
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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.