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12/48 Magnolia Road
Gardenvale VIC 3185

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Property Details for 12/48 Magnolia Rd, Gardenvale

12/48 Magnolia Rd, Gardenvale is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 1 bedroom Apartment sold in Gardenvale in the last 12 months.

Building Type
Apartment
Local Government
Glen Eira
Lot/Plan
12/PS447677

Last Listing description (July 2024)

This delightful one-bedroom, first floor apartment enjoys a sunny northerly aspect and features a stylish, contemporary fit out and finish. The spacious, sun-drenched living/meals area, with polished timber floors and panel heater, is serviced by a modern kitchen with electric oven and cooktop, under mount range hood, mirrored splash backs, stone benches, pantry and sleek cabinetry.

The bedroom, with mirrored built-in robes, boasts a sparkling ensuite with vanity, toilet, beautifully tiled walk-in shower and ceiling exhaust fan.

A communal laundry, off street undercover car park and security gates complete the package.

This pocket of Gardenvale is highly sought-after and is tucked away opposite the tranquil Gardenvale Park and playground. Take a short walk to Martin Street and some of the best restaurants, cafes and bars Melbourne has to offer, then add the famous Brighton Beach and walking and cycling trails, the Gardenvale Train Station and buses and you have a truly fabulous first home or smart investment.

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Property History for 12/48 Magnolia Rd, Gardenvale, VIC 3185

A timeline of how this property has performed in the market
Last Sold
05 Jul 2024
Listed for Rent
$275/w
26 May 2022
  • 23 Aug 2024
    Listed for Rent $430 / week
  • 04 Jul 2024
    Sold for $280,000
  • 19 Jun 2024
    Listed for Sale $285,000
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About Gardenvale 3185

The size of Gardenvale is approximately 0.3 square kilometres. It has 1 park covering nearly 1.8% of total area. The population of Gardenvale in 2011 was 971 people. By 2016 the population was 1,024 showing a population growth of 5.5% in the area during that time. The predominant age group in Gardenvale is 30-39 years. Households in Gardenvale are primarily childless couples and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Gardenvale work in a professional occupation. In 2011, 48.9% of the homes in Gardenvale were owner-occupied compared with 49.3% in 2016.

Gardenvale has 705 properties. Over the last 5 years, Houses in Gardenvale have seen a 8.02% increase in median value, while Units have seen a 6.63% increase. As at 30 September 2024:

  • The median value for Houses in Gardenvale is $1,899,699 while the median value for Units is $611,531.
  • Houses have a median rent of $950 while Units have a median rent of $390.
There are currently no properties listed for sale, and no properties listed for rent in Gardenvale on OnTheHouse. According to CoreLogic's data, 36 properties were sold in the past 12 months in Gardenvale.

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