SOLD
Sold on 13 May 2024 for $750,000

25 Margaret Street
Fawkner VIC 3060

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 92m2
Land area: 734m2
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Property Details for 25 Margaret St, Fawkner

25 Margaret St, Fawkner is a 2 bedroom, 1 bathroom House and was built in 1950. The property has a land size of 734m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom House sold in Fawkner in the last 12 months.

Building Type
House
Year Built
1950
Floor Size
92m2
Land Size
734m2
Local Government
Merri-Bek
Lot/Plan
19/LP25834

Last Listing description (May 2024)

Boasting a brilliant allotment of approximately 734m2, with a frontage of 15m, this is the one you have been waiting for. A fantastic opportunity for investors, builders or developers with a vision for the future. The original two bedroom home in place could use some TLC, and could also make way for you to take advantage of the space and location and build your new family home (STCA). Conveniently set in an established neighbourhood, just a 5 minute walk to Gowrie station, with primary and secondary schooling, reserves, places of worship and local shops all readily accessed, and major arterials within easy reach.

Property History for 25 Margaret St, Fawkner, VIC 3060

A timeline of how this property has performed in the market
Last Sold
$750,000
13 May 2024
Listed for Rent
$300/w
17 Oct 2018
  • 13 May 2024
    Sold for $750,000
  • 28 Mar 2024
    Listed for Sale PRIVATE SALE | $850K-$900K
  • 19 Mar 2020
    Listed for Sale $770,000
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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 34 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.

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