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Sold on 21 Jun 2024 for $650,000

5 Tudor Court
Craigieburn VIC 3064

Bedrooms: 3
Bathrooms: 2
Car spaces: 3
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Property Details for 5 Tudor Ct, Craigieburn

5 Tudor Ct, Craigieburn is a 3 bedroom, 2 bathroom House with 3 parking spaces. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 3 bedroom House sold in Craigieburn in the last 12 months.

Building Type
House

Last Listing description (June 2024)

Introduction:
Craigieburn, a thriving suburb known for its vibrant community and exceptional amenities, offers an unparalleled real estate opportunity. A property located in a prime spot within walking distance to public transport, Craigieburn Plaza, the local sports stadium, and Our Lady's Catholic Primary School not only provides immediate convenience but also holds significant potential for future development. This expansive property, with its ample land, presents a unique investment opportunity for those looking to capitalize on the burgeoning demand for residential units and townhouses.

Unmatched Location:

Situated in the heart of Craigieburn, the property's proximity to essential amenities makes it an ideal choice for families and investors alike.
The convenience of being within walking distance to public transport ensures easy connectivity to Melbourne and surrounding areas, enhancing the appeal for potential residents.
Access to Key Amenities:

Craigieburn Plaza, a bustling shopping hub, offers a variety of retail, dining, and service options, providing residents with all their necessities just a short stroll away.
The nearby sports stadium serves as a focal point for community events and activities, promoting an active and engaged lifestyle.
Educational Excellence:

The presence of Our Lady's Catholic Primary School within walking distance underscores the property's appeal to families, offering quality education and a nurturing environment for children.
The convenience of having a reputable educational institution close by adds to the desirability for prospective tenants or buyers.
Future Development Potential:

The significant land size opens up exciting possibilities for future development, including the construction of units or townhouses, catering to the growing demand for diverse housing options in Craigieburn.
Investors can leverage the property's prime location and expansive land to create a lucrative development project, aligning with the suburb's growth trajectory and increasing population.
Community and Lifestyle:

Craigieburn's vibrant community and family-friendly atmosphere make it a sought-after suburb, with numerous parks, recreational facilities, and community events fostering a strong sense of belonging.
The property's strategic location within this dynamic environment ensures a high quality of life for its residents, blending convenience with a supportive community network.
Conclusion:
In summary, this Craigieburn property offers an exceptional blend of immediate convenience and long-term investment potential. Its prime location, within walking distance to key amenities such as public transport, Craigieburn Plaza, the sports stadium, and Our Lady's Catholic Primary School, makes it an attractive option for families and investors alike. The expansive land size further enhances its value, presenting an exciting opportunity for future development of units or townhouses. For those looking to invest in a property that promises both lifestyle benefits and significant growth potential, this Craigieburn gem stands out as a compelling choice.

Please contact Bobby Kosuri on 0421 162 787 for any further information.

Due diligence checklist - for home and residential property buyers -
http://www.consumer.vic.gov.au/duediligencechecklist

Property History for 5 Tudor Ct, Craigieburn, VIC 3064

A timeline of how this property has performed in the market
Last Sold
$650,000
21 Jun 2024
Listed for Rent
$350/w
12 Oct 2015
  • 17 Jun 2024
    Sold for $650,000
  • 17 May 2024
    Listed for Sale Contact Agent
  • 18 Sep 2015
    Listed for Rent - Price not available
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About Craigieburn 3064

The size of Craigieburn is approximately 35.5 square kilometres. It has 100 parks covering nearly 10.4% of total area. The population of Craigieburn in 2011 was 32,756 people. By 2016 the population was 50,364 showing a population growth of 53.8% in the area during that time. The predominant age group in Craigieburn is 30-39 years. Households in Craigieburn are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Craigieburn work in a trades occupation. In 2011, 78.8% of the homes in Craigieburn were owner-occupied compared with 69.4% in 2016.

Craigieburn has 25,703 properties. Over the last 5 years, Houses in Craigieburn have seen a 26.32% increase in median value, while Units have seen a 14.21% increase. As at 31 October 2024:

  • The median value for Houses in Craigieburn is $687,906 while the median value for Units is $447,074.
  • Houses have a median rent of $550 while Units have a median rent of $460.
There are currently 140 properties listed for sale, and 75 properties listed for rent in Craigieburn on OnTheHouse. According to CoreLogic's data, 1080 properties were sold in the past 12 months in Craigieburn.

Suburb Insights for Craigieburn 3064

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Contact agent
Bobby Kosuri
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Bombay Real Estate
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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.