SOLD
Sold on 03 Jun 2024 for $510,000

2/50 Mutton Road
Fawkner VIC 3060

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 89m2
Land area: 450m2
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Property Details for 2/50 Mutton Rd, Fawkner

2/50 Mutton Rd, Fawkner is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2022. The property has a land size of 450m2 and floor size of 89m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 2 bedroom Unit sold in Fawkner in the last 12 months.

Building Type
Unit
Year Built
2022
Floor Size
89m2
Land Size
450m2
Local Government
Merri-Bek
Lot/Plan
2/PS812179

Last Listing description (July 2024)

This street-facing townhouse at 2/50 Mutton Road, Fawkner is intelligently designed to cater to even the most discerning buyer. This easy-to-maintain townhouse boast a range of modern features that ensure comfort and convenience.

Downstairs, you'll find a European laundry for added practicality, a remote-controlled garage door with internal access for security and ease of use, and a modern kitchen equipped with stainless steel appliances and stone benchtops. The shared living/dining area is cleverly designed with a split system for temperature control, ensuring downstairs remains comfortable year-round. Additionally, the rear of the property offers a low maintenance courtyard, perfect for entertaining family and friends.

Heading upstairs, you'll discover two generously sized bedrooms, each equipped with split system heating and cooling for personalized comfort. A modern central bathroom, with access from the master bedroom as well, adds convenience and style to the upper level.

Situated in a prime location, this young townhouse offers a convenient lifestyle close to public transport, parks, schools, and shops.

Currently leased till 15 September 2024 for $1,825 per calendar month, they represent an attractive opportunity for both homeowners and investors alike. Whether you're looking for your perfect starter home or a savvy investment property, these townhouses tick all the boxes.

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Property History for 2/50 Mutton Rd, Fawkner, VIC 3060

A timeline of how this property has performed in the market
Last Sold
$510,000
03 Jun 2024
Listed for Rent
$420/w
12 Sep 2022
  • 03 Jun 2024
    Sold for $510,000
  • 17 May 2024
    Sold for $495,000
  • 08 Apr 2024
    Listed for Sale Not Disclosed
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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 6,451 properties. Over the last 5 years, Houses in Fawkner have seen a 14.12% increase in median value, while Units have seen a 22.56% increase. As at 31 October 2024:

  • The median value for Houses in Fawkner is $763,480 while the median value for Units is $579,943.
  • Houses have a median rent of $550 while Units have a median rent of $498.
There are currently 39 properties listed for sale, and 13 properties listed for rent in Fawkner on OnTheHouse. According to CoreLogic's data, 269 properties were sold in the past 12 months in Fawkner.

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