SOLD
Sold on 09 Jul 2024 for $885,000

85 Morley Street
Glenroy VIC 3046

Bedrooms: 4
Bathrooms: 2
Car spaces: 4
Floor area: 129m2
Land area: 842m2
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Property Details for 85 Morley St, Glenroy

85 Morley St, Glenroy is a 4 bedroom, 2 bathroom House with 4 parking spaces and was built in 1960. The property has a land size of 842m2 and floor size of 129m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 4 bedroom House sold in Glenroy in the last 12 months.

Building Type
House
Year Built
1960
Floor Size
129m2
Land Size
842m2
Local Government
Merri-Bek
Lot/Plan
630~A/LP13191

Last Listing description (November 2024)

Attention all large families, investors and developers, here is a fantastic opportunity that will cater to everyone's needs.
This lovely property has been proudly owned by the same family for more than 50 years and is ready for someone to make new memories with.
Sitting on a big block of land measuring 842m2 (approx) with a whopping 18.6m frontage and surrounded by parkland and recreational grounds making it ideal for a multi-unit site (STCA).

The original home is a beautiful double fronted weatherboard/clad home offering three bedrooms, spacious living room, cozy kitchen/melas, central bathroom and all other internal amenities.
A separate self-contained one bedroom unit makes an ideal residence for those grown up kids wanting some added independence or maybe a great place for grandad or granny to stay.
Outside there is a vast backyard for the kids to run around and play, carport and a big double garage.
Located in a quiet cul de sac and offering quick and easy access to the Western Ring Road walking path.
Explore the endless possibilities with this great property.

Potential Rental Return - $640 - $680 per week

**The potential rental return is an approximation and serves as a guide based on the current market rate in May 2024. Actual returns may vary**

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Property History for 85 Morley St, Glenroy, VIC 3046

A timeline of how this property has performed in the market
Last Sold
$885,000
09 Jul 2024
  • 09 Jul 2024
    Sold for $885,000
  • 06 May 2024
    Listed for Sale Under Contract

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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 12,293 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 66 properties listed for sale, and 40 properties listed for rent in Glenroy on OnTheHouse. According to CoreLogic's data, 542 properties were sold in the past 12 months in Glenroy.

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Richard Imbesi
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Stockdale & Leggo Glenroy
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