5 Laurel Ave, Doveton is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1958. The property has a land size of 591m2 and floor size of 89m2. While the property is not currently for sale or for rent, it was last sold in March 2023.
Sitting in a Prime location across the road from Doveton College on a great 591m2 block, this home offers buyers a multitude of options and has the opportunity to be a fantastic investment whether you're looking to live, invest or develop the large block(STCA).
Featuring:
3 generous bedrooms
The approved plans and permits for three units should be enough to persuade even the most astute investor. Close to schools, bus stop, parks and shopping strip. Approximately 3 minutes' drive to Dandenong Plaza and a stone's throw to Monash Freeway and Princes Highway.
Current rental return of approximately $1350 per Month.
Get in quick to secure a huge investment opportunity!
The size of Doveton is approximately 4.1 square kilometres. It has 22 parks covering nearly 19.2% of total area. The population of Doveton in 2011 was 8,404 people. By 2016 the population was 9,355 showing a population growth of 11.3% in the area during that time. The predominant age group in Doveton is 30-39 years. Households in Doveton are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Doveton work in a trades occupation. In 2011, 58.3% of the homes in Doveton were owner-occupied compared with 54.1% in 2016.
Doveton has 4,710 properties. Over the last 5 years, Houses in Doveton have seen a 29.58% increase in median value, while Units have seen a 20.38% increase. As at 31 August 2024:
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