SOLD
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Sold on 02 Oct 2024 for $1,050,000

198-200 Grimshaw Street
Greensborough VIC 3088

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 180m2
Land area: 948m2
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Property Details for 198-200 Grimshaw St, Greensborough

198-200 Grimshaw St, Greensborough is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1955. The property has a land size of 948m2 and floor size of 180m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 3 bedroom House sold in Greensborough in the last 12 months.

Building Type
House
Year Built
1955
Floor Size
180m2
Land Size
948m2
Local Government
Banyule
Lot/Plan
2/PS338185

Last Listing description (November 2024)

SOLD BY Morrison Kleeman - Perfect for the astute developer looking to capitalise on the existing plans and permits, this expansive 948 m2 allotment (approx.) a short walk from the heart of every Greensborough amenity, including Greensborough Plaza, the station, the delights of Main Street, and schools ensures a project with a clear path to success and a rewarding return on investment.

A ready-to-initiate development, it sits in a highly sought-after pocket with a proven sales record and a strong demand for quality new homes. All five townhouses include a ground-floor main with an ensuite and two first-floor bedrooms sharing a large bathroom. They are complemented by an open-plan living-meals anchored by the kitchen and stretching out to a generous balcony. Double garages with internal access round out an easy-to-sell or rent proposition.

Existing plans and permits introduce the possibility to take advantage of prevailing strong off the plan buying conditions, commencing pre-sale marketing at the earliest opportunity.

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Property History for 198-200 Grimshaw St, Greensborough, VIC 3088

A timeline of how this property has performed in the market
Last Sold
$1,050,000
02 Oct 2024
Listed for Rent
$420/w
26 Apr 2019
  • 02 Oct 2024
    Sold for $1,050,000
  • 23 Aug 2024
    Listed for Sale Asking $1,100,000
  • 04 May 2022
    Sold for $1,220,000
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About Greensborough 3088

The size of Greensborough is approximately 10.2 square kilometres. It has 41 parks covering nearly 12.1% of total area. The population of Greensborough in 2011 was 20,552 people. By 2016 the population was 20,803 showing a population growth of 1.2% in the area during that time. The predominant age group in Greensborough is 40-49 years. Households in Greensborough are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Greensborough work in a professional occupation. In 2011, 81.6% of the homes in Greensborough were owner-occupied compared with 80.4% in 2016.

Greensborough has 9,968 properties. Over the last 5 years, Houses in Greensborough have seen a 27.66% increase in median value, while Units have seen a 23.04% increase. As at 31 October 2024:

  • The median value for Houses in Greensborough is $1,058,273 while the median value for Units is $730,221.
  • Houses have a median rent of $600 while Units have a median rent of $500.
There are currently 51 properties listed for sale, and 5 properties listed for rent in Greensborough on OnTheHouse. According to CoreLogic's data, 307 properties were sold in the past 12 months in Greensborough.

Suburb Insights for Greensborough 3088

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Morrison Kleeman Greensborough
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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.