SOLD
RECENT ADVICE
Sold on 12 Jul 2024 for $710,000

1/3 Edward Street
Fawkner VIC 3060

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 115m2
Land area: 202m2
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Property Details for 1/3 Edward St, Fawkner

1/3 Edward St, Fawkner is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 2004. The property has a land size of 202m2 and floor size of 115m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 3 bedroom House sold in Fawkner in the last 12 months.

Building Type
House
Year Built
2004
Floor Size
115m2
Land Size
202m2
Local Government
Merri-Bek
Lot/Plan
1/PS516921

Last Listing description (August 2024)

Here is a wonderful opportunity to purchase a delightful street frontage townhouse, impeccably maintained and offering generously proportioned rooms throughout.
Upon entering you will notice the rich polished timber floors that flow through the downstairs living/dining room and continue on to the kitchen/family room which is complimented by vinyl wrap cabinets, stainless steel appliances and a handy dishwasher.
The flexible floor plan includes a downstairs bedroom with built in robes and a 2nd bathroom. Ascend upstairs to find two more bedrooms both with built in robes serviced by another bathroom which is finished in soft warm tones.

Outside there is a fantastic entertaining area which can be used all year round thanks to the undercover verandah and providing direct access to the garage. Additional features include split system air conditioning, high ceilings, solid timber doors, sun & blockout blinds and all this with a fabulous location to match including the park across the road. Currently leased on a month to month basis and returning $2,020 pcm.

Potential Rental Return - $520 - $550 per week

**The potential rental return is an approximation and serves as a guide based on the current market rate in April 2024. Actual returns may vary**

Property History for 1/3 Edward St, Fawkner, VIC 3060

A timeline of how this property has performed in the market
Last Sold
$710,000
12 Jul 2024
Listed for Rent
$465/w
27 Nov 2019
  • 12 Jul 2024
    Sold for $710,000
  • 03 Apr 2024
    Listed for Sale Under Contract
  • 27 Nov 2019
    Listed for Rent $465 / week
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About Fawkner 3060

The size of Fawkner is approximately 5.3 square kilometres. It has 12 parks covering nearly 15.1% of total area. The population of Fawkner in 2011 was 12,596 people. By 2016 the population was 14,044 showing a population growth of 11.5% in the area during that time. The predominant age group in Fawkner is 30-39 years. Households in Fawkner are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Fawkner work in a professional occupation. In 2011, 71% of the homes in Fawkner were owner-occupied compared with 66.7% in 2016.

Fawkner has 6,395 properties. Over the last 5 years, Houses in Fawkner have seen a 20.45% increase in median value, while Units have seen a 23.78% increase. As at 31 July 2024:

  • The median value for Houses in Fawkner is $769,232 while the median value for Units is $573,784.
  • Houses have a median rent of $550 while Units have a median rent of $500.
There are currently 33 properties listed for sale, and 16 properties listed for rent in Fawkner on OnTheHouse. According to CoreLogic's data, 259 properties were sold in the past 12 months in Fawkner.

Suburb Insights for Fawkner 3060

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Richard Imbesi
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Stockdale & Leggo Glenroy
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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.