OFF MARKET

8/48 Magnolia Road
Gardenvale VIC 3185

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 38m2
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Property Details for 8/48 Magnolia Rd, Gardenvale

8/48 Magnolia Rd, Gardenvale is a 1 bedroom, 1 bathroom Unit and was built in 1950. The property has a floor size of 38m2. While the property is not currently for sale or for rent, it was last sold in July 2015.

Building Type
Unit
Year Built
1950
Floor Size
38m2
Local Government
Glen Eira
Lot/Plan
8/PS447677

Last Listing description (February 2023)

Secure, north-facing and neat first floor one bedroom apartment in a superb location.

Comprising:

- Modern kitchen with electric cooking
- Lounge room with polished timber floorboards
- Bedroom with large built-in wardrobe
- Modern bathroom with separate shower
- Large communal outdoor area and undercover parking behind remote-controlled security gates.
- Electric wall heater in lounge room

Excellently positioned in a popular quiet pocket. Walking distance to all forms of public transport including Gardenvale Train Station and buses on Gardenvale Road. Close to Martin Street Village shopping/caf precinct and Gardenvale Park. Popular shopping villages are also within easy reach including Bay Street, Glen Huntly Road and just head right down North Road and youre at Brightons waters edge!

12 Month Lease

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Property History for 8/48 Magnolia Rd, Gardenvale, VIC 3185

A timeline of how this property has performed in the market
Last Sold
$308,000
31 Jul 2015
Listed for Rent
$350/w
15 Feb 2023
  • 23 Jan 2023
    Listed for Rent - Price not available
  • 12 Nov 2021
    Listed for Rent - Price not available
  • 06 Dec 2017
    Listed for Rent - Price not available
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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 3.73% increase in median value, while Units have seen a -11.89% decrease. As at 31 October 2024:

  • The median value for Houses in Gardenvale is $1,886,615 while the median value for Units is $554,316.
  • Houses have a median rent of $575 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, 35 properties were sold in the past 12 months in Gardenvale.

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