22 Sharon StreetFlora Hill VIC 3550
Property Details for 22 Sharon St, Flora Hill
22 Sharon St, Flora Hill is a 3 bedroom, 2 bathroom Townhouse with 2 parking spaces. The property has a land size of 338m2 and floor size of 149m2. While the property is not currently for sale or for rent, it was last sold in November 2021.
Last Listing description (November 2024)
This spacious 3-bedroom townhouse is ideally positioned opposite Latrobe University. This prime location makes it an attractive option for families with children planning to attend university in 2025 or for savvy investors seeking a strong rental return.
The townhouse offers a comfortable living space of 174 square meters on a generous 337 square meter block. It features three bedrooms plus study or 4th bedroom, two bathrooms, and was built in 2004. Currently providing student accommodation, this versatile property has ongoing investment potential while vacant possession is also available should a buyer wish to move in a family member.
The townhouse offers a stylish, split-level layout. The modern open-plan kitchen and living space is perfect for entertaining and offers access to two separate balcony areas. The three bedrooms, including a large master bedroom with a walk-in robe, ensuite, and private balcony, offer ample space for family or student living.
Additionally, the property includes a versatile study that could be easily converted into a fourth bedroom, further enhancing its rental potential.
The low-maintenance yard, double lock-up garage, and proximity to Brennan Park Pool and a nearby gym make this townhouse a desirable option for both residents and tenants. With its prime location, modern features, and flexible layout, this property offers both lifestyle and investment potential.
Property History for 22 Sharon St, Flora Hill, VIC 3550
- 08 Nov 2024Listed for Sale $505,000 - $525,000
- 10 Nov 2021Sold for $470,000
- 10 Oct 2017Sold for $337,500
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0About Flora Hill 3550
The size of Flora Hill is approximately 2.9 square kilometres. It has 7 parks covering nearly 17.4% of total area. The population of Flora Hill in 2011 was 3,865 people. By 2016 the population was 3,948 showing a population growth of 2.1% in the area during that time. The predominant age group in Flora Hill is 20-29 years. Households in Flora Hill are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Flora Hill work in a professional occupation. In 2011, 50.7% of the homes in Flora Hill were owner-occupied compared with 44.1% in 2016.
Flora Hill has 2,208 properties. Over the last 5 years, Houses in Flora Hill have seen a 48.63% increase in median value, while Units have seen a 35.16% increase. As at 31 October 2024:
- The median value for Houses in Flora Hill is $565,617 while the median value for Units is $358,888.
- Houses have a median rent of $450 while Units have a median rent of $395.
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