SOLD
Sold on 13 Aug 2024 for $4,300,000

124-126 Maffra Street
Coolaroo VIC 3048

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1900m2
Land area: 2730m2
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Property Details for 124-126 Maffra St, Coolaroo

Building Type
Commercial
Floor Size
1900m2
Land Size
2730m2
Local Government
Hume
Lot/Plan
7/LP210184

Last Listing description (August 2018)

Securely leased food grade building!!
1,900sqm
124-126 Maffra St, Coolaroo LEASE DETAILS

- 4 Year Lease ending 06/08/2018
- Rent PA $91,260.60 plus GST and Outgoings
- CPI increases
- Bond: $11,000.00
Please Call Bryce Williams on 0408 166 291 to inspect

Property History for 124-126 Maffra St, Coolaroo, VIC 3048

A timeline of how this property has performed in the market
Last Sold
$4,300,000
13 Aug 2024
Listed for Rent
$939/w
23 Oct 2014
  • 13 Aug 2024
    Sold for $4,300,000
  • 03 Mar 2017
    Listed for Sale $1,790,000.00
  • 16 Apr 2014
    Listed for Rent - Price not available
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About Coolaroo 3048

The size of Coolaroo is approximately 3.1 square kilometres. It has 4 parks covering nearly 3.6% of total area. The population of Coolaroo in 2011 was 3,261 people. By 2016 the population was 3,183 showing a population decline of 2.4% in the area during that time. The predominant age group in Coolaroo is 20-29 years. Households in Coolaroo are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Coolaroo work in a labourer occupation. In 2011, 69.4% of the homes in Coolaroo were owner-occupied compared with 66.1% in 2016.

Coolaroo has 1,757 properties. Over the last 5 years, Houses in Coolaroo have seen a 18.38% increase in median value, while Units have seen a 10.81% increase. As at 31 October 2024:

  • The median value for Houses in Coolaroo is $546,079 while the median value for Units is $434,418.
  • Houses have a median rent of $480.
There are currently 4 properties listed for sale, and 1 property listed for rent in Coolaroo on OnTheHouse. According to CoreLogic's data, 55 properties were sold in the past 12 months in Coolaroo.

Suburb Insights for Coolaroo 3048

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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.