OFF MARKET

2 Pyke Drive
Gladstone Park VIC 3043

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 125m2
Land area: 554m2
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Property Details for 2 Pyke Dr, Gladstone Park

2 Pyke Dr, Gladstone Park is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1980. The property has a land size of 554m2 and floor size of 125m2. While the property is not currently for sale or for rent, it was last sold in April 2018.

Building Type
House
Year Built
1980
Floor Size
125m2
Land Size
554m2
Local Government
Hume
Lot/Plan
1194/LP93005

Last Listing description (August 2018)

SOLD AT AUCTION BY JASON PADULA!

Every now and then, an opportunity presents itself just too good to pass up...this is one such time!

On the prominent Pyke/Carrick Drive corner opposite Gladstone Views Primary School, mere metres from shops, bus stop and Jack Ginifer Reserve...'location' simply doesn't get any better.

Completely original, this one-owner home offered with vacant possession has excellent 'bones' and scope for cosmetic improvement/extension. A classic 3 bed/1 bath offering with spacious L-shaped lounge/dining and larger than normal meals/family area off the kitchen.

Features include gas heating, evaporative cooling, hardwood floors under the carpets and available NBN.

With plenty of land spread across the front, step out back to a slightly more compact rear yard with spacious lock-up tin garage.

Let's cut to the chase though, it's in the LAND where the true value lies. Measuring 554m2 (approx.) with excellent proportions across both frontages, this flat allotment lends itself to the construction of two large double-storey homes (STCA)...with re-sales potentially in the vicinity of $750,000-$775,000 per dwelling.

Only a small 2.44m x 2.44m sewerage/drainage easement (in the back rear corner, behind the garage) exists on the property.

The property's current rental potential would be in the vicinity of $380-$390 per week.

Super flexible Settlement terms of 30-120 days.

With such a plethora of options available, make sure you're at the Auction on 'Super Saturday' (7/4) with hand held high and a steely determination to make this 'position-perfect' property yours!

Price Guide: $525,000 - $550,000

Contact: Jason Padula - 0402 149 436

Property History for 2 Pyke Dr, Gladstone Park, VIC 3043

A timeline of how this property has performed in the market
Last Sold
$582,000
07 Apr 2018
  • 07 Apr 2018
    Sold for $582,000
  • 20 Mar 2018
    Listed for Sale GUIDE $525,000 - $550,000

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About Gladstone Park 3043

The size of Gladstone Park is approximately 3.7 square kilometres. It has 9 parks covering nearly 4.7% of total area. The population of Gladstone Park in 2011 was 8,329 people. By 2016 the population was 8,348 showing a population growth of 0.2% in the area during that time. The predominant age group in Gladstone Park is 60-69 years. Households in Gladstone Park are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Gladstone Park work in a clerical occupation. In 2011, 79.3% of the homes in Gladstone Park were owner-occupied compared with 77.5% in 2016.

Gladstone Park has 3,543 properties. Over the last 5 years, Houses in Gladstone Park have seen a 9.09% increase in median value, while Units have seen a 12.28% increase. As at 31 October 2024:

  • The median value for Houses in Gladstone Park is $696,776 while the median value for Units is $495,937.
  • Houses have a median rent of $550 while Units have a median rent of $500.
There are currently 12 properties listed for sale, and 8 properties listed for rent in Gladstone park on OnTheHouse. According to CoreLogic's data, 125 properties were sold in the past 12 months in Gladstone park.

Suburb Insights for Gladstone Park 3043

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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.