OFF MARKET

5 Glendon Drive
Eastwood VIC 3875

Bedrooms: 4
Bathrooms: 2
Car spaces: -
Floor area: 208m2
Land area: 729m2
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Property Details for 5 Glendon Dr, Eastwood

Building Type
Land
Year Built
2022
Floor Size
208m2
Land Size
729m2
Local Government
East Gippsland
Lot/Plan
218/PS542289

Last Listing description (September 2021)

Fabulous opportunity to build your dream home or investment property in this sought after location in the beautiful well established Eastwood Estate. The block is flat, 728m2, fenced at the rear boundary and set amongst quality homes. Eastwood Estate offers an enviable lifestyle, in a sought after location. Situated just a short walking distance from the Eastwood shopping precinct, medical center, vet clinic, Lucknow Primary School and only a few minutes drive away from the Gippsland Grammar Primary School campus. With nearby walking/cycling tracks and parkland nearby this vacant block will appeal to a wide variety of buyers, with a proven sales history in the area and all services available. Bairnsdale is the major center for the fast growing Gippsland Lakes with Eastwood located above the river meadows, across the Mitchell River approximately 2km from Bairnsdale CBD. For more information and to receive an Expressions of Interest form please contact Yvette at East Gippsland & Lakes Real Estate on 0400 512 659 or visit www.eglre.com.au

Property Code: 759

Property History for 5 Glendon Dr, Eastwood, VIC 3875

A timeline of how this property has performed in the market
Last Sold
$140,000
03 Jun 2021
  • 03 Jun 2021
    Sold for $140,000
  • 04 May 2021
    Listed for Sale $125,000 - $137,500

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About Eastwood 3875

The size of Eastwood is approximately 2.3 square kilometres. It has 11 parks covering nearly 21.7% of total area. The population of Eastwood in 2011 was 1,932 people. By 2016 the population was 2,772 showing a population growth of 43.5% in the area during that time. The predominant age group in Eastwood is 0-9 years. Households in Eastwood are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Eastwood work in a professional occupation. In 2011, 77.7% of the homes in Eastwood were owner-occupied compared with 70.9% in 2016.

Eastwood has 1,378 properties. Over the last 5 years, Houses in Eastwood have seen a 52.83% increase in median value, while Units have seen a 51.99% increase. As at 31 October 2024:

  • The median value for Houses in Eastwood is $585,746 while the median value for Units is $403,225.
  • Houses have a median rent of $500.
There are currently 12 properties listed for sale, and 3 properties listed for rent in Eastwood on OnTheHouse. According to CoreLogic's data, 49 properties were sold in the past 12 months in Eastwood.

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