7 Marlborough StreetFawkner VIC 3060
Property Details for 7 Marlborough St, Fawkner
7 Marlborough St, Fawkner is a 3 bedroom, 1 bathroom House with 3 parking spaces. The property has a land size of 564m2. 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)
Raphael Houston proudly presents...
This residential pocket is highly sought-after, and for good reason. On a street with privileged access directly onto the Merri Creek Trail, it sits within steps of Charles Mutton and Parker Reserve sports fields. The property's location, in conjunction with its expansive 564 sqm (approx) allotment, make it a uniquely lucrative investment opportunity.
Neighborhood precedence encourages redevelopment, as does schedule 1 residential zoning, and clear, level dimensions. Alternatively, one can restore the existing address, with the property poised for future families to make a magnificent lifestyle statement. The current design includes a three-bedroom layout with separate zones for living and dining, alongside a kitchen, main bathroom, and full-sized laundry.
One can introduce a stunning high-end renovation or design a substantial new state-of-the-art dream home (STCA) within the current building envelope, taking advantage of the area's unique blue-chip amenity. This includes immediate access to local schools, Bonwick Street shops, Fawkner train station, and further out: Campbellfield SC, Coburg North Plaza, and Pentridge SC.
Highlights
North-facing orientation
Original design features
Plaster-strapped ceilings
Scenic double-frontage
Living room with A/C & fireplace
Multiple options for purchasers
Options to either restore or renew
Luxury home or multi-unit development site
Property History for 7 Marlborough St, Fawkner, VIC 3060
- 15 Jun 2024Sold for $630,000
- 17 May 2024Listed for Sale SOLD BY RAPHAEL
- 18 Feb 2003Transferred
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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.
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