9 Lock StreetFawkner VIC 3060
Property Details for 9 Lock St, Fawkner
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
- 08 Aug 2024Sold
- 12 Jul 2024Listed for Sale SOLD BY RAPHAEL
- 08 May 2009Listed 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 6,399 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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