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Sold on 08 Aug 2024 - Price Unavailable

9 Lock Street
Fawkner VIC 3060

Bedrooms: -
Bathrooms: -
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Property Details for 9 Lock St, Fawkner

Building Type
Land
Local Government
Merri-Bek
Lot/Plan
61/LP23837

Last Listing description (August 2024)

Raphael Houston proudly presents...

Cradled on a generous 586 sqm (approx) allotment, this landholding sits in an acclaimed Fawkner quarter, within walking distance of highly-coveted amenities.

The landholding itself possesses the qualities which leave it well-disposed to development: a clear, flat building envelope; a deep rectangular allotment, and neighbourhood preference for site construction.

This site is advantageous whether seen from an investment angle or ownership point-of- view, with the site compatible with a luxury home to be sold-on, or a dream home to be lived-in. Multi-unit development should also be given consideration with local precedence and the site's 15.2m frontage.

A placement between Fawkner Leisure Centre and Charles Mutton Reserve positions the property within walking distance of local schools, Merri Creek, Bonwick Street shops, and Fawkner train station.

Highlights
586 sqm (approx) allotment
Wide 15.2m frontage
Versatile landholding
Central, blue-chip location
Development precedence

Property History for 9 Lock St, Fawkner, VIC 3060

A timeline of how this property has performed in the market
Last Sold
08 Aug 2024
Listed for Rent
$345/w
30 May 2009
  • 08 Aug 2024
    Sold for $600,000
  • 12 Jul 2024
    Listed for Sale SOLD BY RAPHAEL
  • 08 May 2009
    Listed for Rent - Price not available
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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.

Suburb Insights for Fawkner 3060

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Contact agent
Raphael Houston
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Shelby Mihalj
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Ray White Coburg
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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.