68 Belair Ave, Glenroy is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 797m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in April 2022.
Positioned on an approximate 338sqm block with a highly desirable sun-drenched north-facing orientation, this original weatherboard home presents an exceptional opportunity for those looking to redevelop or wishing to build a brand new contemporary townhouse (STCA). An exciting array of choices awaits, with the chance to design a residence from the beginning, creating the ideal home for any situation.
Boasting a superb central location with buses on its doorstep, and within easy walking distance of vibrant local Glenroy shopping, cafes, supermarket, and Glenroy Fresh Market, the home is also just a short stroll from Glenroy Station, offering easy access to Melbourne CBD. Zoned for Glenroy West Primary School and Glenroy Secondary College, and close to a range of quality independent and Catholic school choices, the location also enjoys abundant nearby parkland, including Gowanbrae Riverwalk and Kingsford Smith Ulm Reserve. Major shopping is also close by, including Westfield Airport West and DFO Essendon, while the block is also moments from both Essendon Fields Airport and Melbourne Airport.
The Facts
Attributes: 2 beds, 1 Bath, and 2 Car Spaces
Size: 338 sqm (APPROX)
Longview Guaranteed Rent: $370 per week
Investment Performance: 7.92% p.a
Rental Yield: 3.85% p.a
Council: Moreland Council
Council Rates: $1,592.25 per year (APPROX)
Water Rates: $1,289.04 per year (APPROX)
Nearest Train station: Glenroy Train Station
Local Amenities:
- Jacana Shopping Center
- Glenroy Fresh Market
- Moonee Ponds Creek Trail
- Bridget Shortell Reserve
Nearest Primary School: Glenroy West Primary School
Nearest Secondary School: Glenroy Secondary College
Planning Zone: NRZ/NRZ1
Overlay: DCPO/DCPO1
Don't miss out on this fabulous property, contact Liliana Panaccio at 0413 808 673 to register your interest!
Disclaimer: "Investment Performance" is the total of the Compounded Annual Growth Rate (CAGR) that this property has performed since the vendor purchased it and the gross rental yield it is currently returning or is quoted as potentially returning"
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 12,294 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:
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