SOLD
Sold on 22 May 2024 for $580,000

3/23 Princess Street
Fawkner VIC 3060

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 90m2
Land area: 104m2
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Property Details for 3/23 Princess St, Fawkner

3/23 Princess St, Fawkner is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 2014. The property has a land size of 104m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Townhouse sold in Fawkner in the last 12 months.

Building Type
Townhouse
Year Built
2014
Floor Size
90m2
Land Size
104m2
Local Government
Merri-Bek
Lot/Plan
3/PS730124

Last Listing description (August 2024)

*Fixed Date Sale Closing Wednesday 22nd May at 12pm*

Perfectly positioned & tastefully designed, step inside 3/23 Princess Street and you'll simply be amazed with the size of this spacious and modern two-bedroom townhome. Offering generous living proportions throughout, an expansive kitchen & a low maintenance private courtyard, makes this a wonderful first home or investment opportunity. Not to mention, this townhome is extremely well positioned, located on the border of Coburg North, and within walking distance to Merlynston & Fawkner train stations. With many local schools and parklands nearby, inspection is a must!

KEY PROPERTY FEATURES:

- Two large bedrooms each with sliding built in robes and split system air-conditioning
- A large modern kitchen offering ample cupboard and bench space, tiled splashback, 600mm stainless steel Westinghouse oven and appliances including 4 burner gas cooktop, rangehood and dishwasher
- An open plan living/dining drenched in natural sunlight complimented by stunning natural timber flooring, split system air-conditioner and sliding door access to the private courtyard
- Centrally located bathroom upstairs with oversize shower, single vanity with 20mm stone benchtop, mirrored medicine cabinet and toilet
- A study nook upstairs ideal for those wanting to work from home
- A low maintenance private courtyard perfect for entertaining with family and friends, and offering mixed concreted and artificial grass zones shaded by a beautiful established tree
- A single remote entry carport accessed by the right of way at the rear
- Additional features include: great storage available with a double linen closet on each floor, European laundry, downstairs powder room, water tank and shed

KEY LOCATION FEATURES:
- 600m (approx.) from Fawkner Train station and 800m (approx.) from Merlynston Train station
- Fawkner is located 12.5km's north of the CBD with terrific City Link, Ring Road, Airport and Hume Highway access.
- 900m (approx.) to Merlyn Street shopping strip and 750m (approx.) to Aldi Supermarket
- 300m (approx.) to St Mark's Catholic Primary School
- Charles Mutton Reserve, Parker Reserve & Merri Creek trail all a short distance away
- 530 Bus stop located on Queens Parade & Argyle Street taking you through to Campbellfield & Coburg

Potential Rental Return - $440 - $470 per week

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

Property History for 3/23 Princess St, Fawkner, VIC 3060

A timeline of how this property has performed in the market
Last Sold
$580,000
22 May 2024
Listed for Rent
$360/w
05 Aug 2015
  • 22 May 2024
    Sold for $580,000
  • 09 May 2024
    Listed for Sale Under Contract
  • 12 May 2018
    Sold for $478,000
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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 6,397 properties. Over the last 5 years, Houses in Fawkner have seen a 18.03% increase in median value, while Units have seen a 26.98% increase. As at 31 August 2024:

  • The median value for Houses in Fawkner is $758,740 while the median value for Units is $584,412.
  • Houses have a median rent of $550 while Units have a median rent of $500.
There are currently 38 properties listed for sale, and 14 properties listed for rent in Fawkner on OnTheHouse. According to CoreLogic's data, 271 properties were sold in the past 12 months in Fawkner.

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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.