SOLD
Sold on 13 Apr 2024 for $905,000

45 Kennedy Street
Glenroy VIC 3046

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 110m2
Land area: 632m2
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Property Details for 45 Kennedy St, Glenroy

Building Type
Land
Year Built
1950
Floor Size
110m2
Land Size
632m2
Local Government
Merri-Bek
Lot/Plan
2/LP24674

Last Listing description (July 2024)

Presenting an outstanding opportunity for builders and developers, this family home positioned right on the Oak Park border on a prime flat block of 632m2 (approx) boasts a frontage of over 25m and offers the ideal setup for a duplex or multi-unit development (STCA) in a premium location.
In place is a 3 bedroom home in need of some hard work and TLC, with plenty of off-street parking. Whether you choose to renovate, update and create a renewed family home; knock down and rebuild your dream from the ground up; or take advantage of the outstanding block size and its substantial frontage to redevelop (STCA), the possibilities abound and the benefits are apparent.
Bring your vision to life in a location that will reward you with a first-class lifestyle in a convenient and popular family neighbourhood, with Penola College just a few minutes' walk, and zoned to Oak Park Primary which is under 10 minutes away. Central Glenroy shopping, station and services are easily accessible, and there are bus stops just metres away. Western Ring Road, Melbourne Airport and Melbourne CBD are all easily accessed via major arterials situated close by, and the city commute comes in at just under 14km.

Property History for 45 Kennedy St, Glenroy, VIC 3046

A timeline of how this property has performed in the market
Last Sold
$905,000
13 Apr 2024
  • 13 Apr 2024
    Sold for $905,000
  • 19 Mar 2024
    Listed for Sale $905,000

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About Glenroy 3046

The size of Glenroy is approximately 8.9 square kilometres. It has 25 parks covering nearly 26% of total area. The population of Glenroy in 2011 was 19,663 people. By 2016 the population was 22,241 showing a population growth of 13.1% in the area during that time. The predominant age group in Glenroy is 30-39 years. Households in Glenroy are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Glenroy work in a professional occupation. In 2011, 65.4% of the homes in Glenroy were owner-occupied compared with 60.2% in 2016.

Glenroy has 12,295 properties. Over the last 5 years, Houses in Glenroy have seen a 12.42% increase in median value, while Units have seen a 13.18% increase. As at 31 October 2024:

  • The median value for Houses in Glenroy is $823,340 while the median value for Units is $577,839.
  • Houses have a median rent of $550 while Units have a median rent of $500.
There are currently 63 properties listed for sale, and 47 properties listed for rent in Glenroy on OnTheHouse. According to CoreLogic's data, 542 properties were sold in the past 12 months in Glenroy.

Suburb Insights for Glenroy 3046

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Barry Plant - Glenroy
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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.