OFF MARKET

62 Banks Road
Eltham North VIC 3095

Bedrooms: 5
Bathrooms: 4
Car spaces: 2
Land area: 1662m2
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Property Details for 62 Banks Rd, Eltham North

62 Banks Rd, Eltham North is a 5 bedroom, 4 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 1662m2. While the property is not currently for sale or for rent, it was last sold in November 2023.

Building Type
House
Year Built
1970
Land Size
1662m2
Local Government
Nillumbik
Lot/Plan
1/PS335976

Last Listing description (February 2024)

SOLD by Jellis Craig. Stunning family home - 4 bedrooms plus a fully self contained separate studio.

This incredibly rare 'cape cod' style family home that inspires the imagination is now yours to enjoy.

Meticulously presented and kept, the home has been much loved and enjoyed a raft of improvements over its journey with the current owners. With no shortage of space, the home features 4 generously proportioned bedrooms plus separate studio, 3 bathrooms and an array of living zones throughout the home.

Enjoy the peaceful views and enviable setting, perched up high with a wrap around deck/alfresco perfect for enjoying a morning cuppa or to relax and unwind at night, whilst the block of 1/3 acre (approx.) is ripe for the whole family to enjoy.

With a separate studio under house, the property caters to those in need of a teen retreat, in-law accommodation or even small income stream - all whilst reaping the benefit of the tightly held and highly regarded location.

A short stroll; the home is a stones throw from local transports, schools, Eltham town and adventure playground. A simply amazing opportunity that doesn't come around every day - one not to be missed!

Property History for 62 Banks Rd, Eltham North, VIC 3095

A timeline of how this property has performed in the market
Last Sold
$1,180,000
13 Nov 2023
  • 13 Nov 2023
    Sold for $1,180,000
  • 13 Oct 2023
    Listed for Sale $1,150,000 - $1,250,000
  • 03 Dec 2008
    Listed for Sale Not Disclosed
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About 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.
There are currently 9 properties listed for sale, and 1 property listed for rent in Eltham north on OnTheHouse. According to CoreLogic's data, 88 properties were sold in the past 12 months in Eltham north.

Suburb Insights for Eltham North 3095

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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.