36 Boston StreetFawkner VIC 3060
Property Details for 36 Boston St, Fawkner
36 Boston St, Fawkner is a 3 bedroom, 1 bathroom House with 4 parking spaces. The property has a land size of 585m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 3 bedroom House sold in Fawkner in the last 12 months.
Last Listing description (June 2024)
Endless Opportunities
Explore an exceptional opportunity with this expansive landholding at 36 Boston Street, offering a myriad of possibilities for the discerning investor. Boasting a remarkable scale and scope, this property presents a unique blend of current rental income potential alongside promising avenues for future development (STCA).
Whether you envision revitalising this home, continuing with rental arrangements, or exploring redevelopment opportunities (STCA), the sheer scale and prime location of this landholding offer endless possibilities. Situated mere steps from Sydney Road, as well as esteemed local schools and Fawkner's iconic amenities, including the Leisure Centre, Bonwick Street shops, and Fawkner station, convenience and potential converge seamlessly.
Property Highlights:
Rare landholding with unparalleled potential
Versatile pathways to success
Impressive scale and potential for development
Prime location amidst parks and schools
Attractive rental income prospects
Land size: 585m2
Deposit: 10% of the purchase price
Settlement preference: 30/45/60/90 days
Rental assessment: $500-$550 per week
Property History for 36 Boston St, Fawkner, VIC 3060
- 15 Jun 2024Sold for $708,000
- 20 May 2024Listed for Sale $620,000 - $680,000
- 08 Jun 2017Listed for Rent - Price not available
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0About 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.
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