1/40 Banks RoadEltham North VIC 3095
Property Details for 1/40 Banks Rd, Eltham North
1/40 Banks Rd, Eltham North is a 4 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2021. The property has a land size of 595m2 and floor size of 210m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 4 bedroom Unit sold in Eltham North in the last 12 months.
Last Listing description (December 2023)
This property presents a rare and enticing opportunity to take on a new build project that is already well underway - all you need to do from here is see it through! Positioned on 595m2 approx. in a beautiful leafy pocket of Eltham North, this property captures stunning treetop views and is set amid a range of prestige homes just a short walk to sporting fields, walking trail, bus and primary school.
This substantial 4-bedroom home features a site-specific design that captures views of surrounding greenery at every opportunity, delivering 2 spacious open plan living zones, a large kitchen complete with butler's pantry, 2 bathrooms, study nook, 2 powder rooms and integrated double garage. The first floor alfresco zone is a real highlight, and the whole home has been well considered for family functionality.
At this stage of construction a huge amount of flexibility still remains, so there is scope to tweak and adjust the internals as you please (STCA). And with convenience of both St Helena and Eltham so close to your door, the location really couldn't be better. Inspect now and ignite your imagination!
Property History for 1/40 Banks Rd, Eltham North, VIC 3095
- 29 Aug 2024Sold
- 15 Aug 2023Sold for $665,000
- 11 May 2023Listed for Sale Asking: $750,000
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0About Eltham North 3095
The size of Eltham North is approximately 4.1 square kilometres. It has 32 parks covering nearly 13.4% of total area. The population of Eltham North in 2011 was 6,840 people. By 2016 the population was 6,828 showing a population decline of 0.2% in the area during that time. The predominant age group in Eltham North is 50-59 years. Households in Eltham North are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Eltham North work in a professional occupation. In 2011, 92.7% of the homes in Eltham North were owner-occupied compared with 91.3% in 2016.
Eltham North has 2,577 properties. Over the last 5 years, Houses in Eltham North have seen a 29.17% increase in median value, while Units have seen a 19.47% increase. As at 31 October 2024:
- The median value for Houses in Eltham North is $1,260,173 while the median value for Units is $823,736.
- Houses have a median rent of $680 while Units have a median rent of $510.
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