SOLD
Sold on 29 Jul 2024 for $842,000

2/3-5 Valency Road
Glen Iris VIC 3146

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 75m2
Land area: 849m2
Sold By
Belle Property Glen Iris
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Property Details for 2/3-5 Valency Rd, Glen Iris

2/3-5 Valency Rd, Glen Iris is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1965. The property has a land size of 849m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Unit sold in Glen Iris in the last 12 months.

Building Type
Unit
Year Built
1965
Floor Size
75m2
Land Size
849m2
Local Government
Stonnington
Lot/Plan
1/PS847991

Last Listing description (December 2022)

If you are looking for a small cramped flat, with no garden, in a treeless, busy street, then 2, 3-5 Valency Road is not for you!This delightful 2 bedroom apartment is located in one of the quieter, established culdersacs of Glen Iris. They don't come up very often! Your are walking distance to public transport, coffee shops and 5 minutes drive to the south eastern freeway entrance. A delightful 60's built apartment block with the original architectural features of that era. There are only 6 apartments in the building, extremely well maintained via an bodycorporate. There is a shared backyard and the garden beds are maintained. The entrance has incoming security and features the original terrazzso floor. Each apartment has a carpark underneath. This apartment is on the first floor. Has 2.5 meter ceilings, remember 2.5 meter high ceilings? Is freshly painted with new carpets throughout. It features a main lounge with second lounge, a nice size kitchen with plenty of cupboards space and a seperate laundry area. Heated throughout. Both bedrooms have built in wardrobes with further built in storage in the hallway. For added peace of mind, all windows have security locks and fly screens. The bathroom has a bath and shower. The owner is looking for quality, long term tenants. Available for immediate occupancy.

Property History for 2/3-5 Valency Rd, Glen Iris, VIC 3146

A timeline of how this property has performed in the market
Last Sold
$842,000
29 Jul 2024
Listed for Rent
$410/w
23 Sep 2015
  • 29 Jul 2024
    Sold for $842,000
  • 22 Apr 2023
    Sold for $830,000
  • 17 Mar 2019
    Listed for Rent - Price not available
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About Glen Iris 3146

The size of Glen Iris is approximately 8 square kilometres. It has 26 parks covering nearly 8.7% of total area. The population of Glen Iris in 2011 was 24,948 people. By 2016 the population was 25,253 showing a population growth of 1.2% in the area during that time. The predominant age group in Glen Iris is 40-49 years. Households in Glen Iris are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Glen Iris work in a professional occupation. In 2011, 71% of the homes in Glen Iris were owner-occupied compared with 68% in 2016.

Glen Iris has 13,197 properties. Over the last 5 years, Houses in Glen Iris have seen a 13.74% increase in median value, while Units have seen a 2.13% increase. As at 31 October 2024:

  • The median value for Houses in Glen Iris is $2,362,395 while the median value for Units is $731,720.
  • Houses have a median rent of $918 while Units have a median rent of $550.
There are currently 30 properties listed for sale, and 17 properties listed for rent in Glen iris on OnTheHouse. According to CoreLogic's data, 563 properties were sold in the past 12 months in Glen iris.

Suburb Insights for Glen Iris 3146

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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.