OFF MARKET

2/60 Medbury Avenue
Greensborough VIC 3088

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 124m2
Land area: 442m2
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Last updated 14 Oct 2024
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Property Details for 2/60 Medbury Ave, Greensborough

2/60 Medbury Ave, Greensborough is a 3 bedroom, 2 bathroom Townhouse and was built in 2018. The property has a land size of 442m2 and floor size of 124m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
Townhouse
Year Built
2018
Floor Size
124m2
Land Size
442m2
Local Government
Banyule
Lot/Plan
2/PS746231

Last Listing description (September 2023)

A masterclass in construction and design ? this near new, modern, single level residence is sure to please and appeal to the astute purchaser. Whether it be a first or second home, the perfect downsizing option or an ideal investment, the property meets the requirements on every level.

With an eye clearly for detail and quality, the home has been constructed to the highest of workmanlike standards and has been comfortably designed with a flowing floorplan and functional design. Wide spaces, natural light and a warm homely feel complete the property, positioned in a tightly held and highly sought after convenient pocket of central Greensborough.

Features include:

* 3 generously sized bedrooms, master with WIR and ENS
* Good sized family bathroom with marble style feature finish
* Glorious spotted gum solid timber floors and 2.7 metre high ceilings
* Cutting edge kitchen; soft close cabinetry, Caesar stone benchtops and Omega appliances
* Outstanding alfresco entertaining area perfect for year round use
* Ducted heating, split system cooling, easy parking with double garage
* Custom built wall cabinetry with study desk + drying cabinet
* Brilliantly sized land holding with great yard, perfect for kids/pets
* Premium pocket of Greensborough, a short walk to all local amenities and lifestyle benefits on offer.

Based on the current strength in the market and taking comparable rentals into consideration, we believe a realistic rental value would be in the vicinity of $600 - $650 p/w (approx.).

Please note this is an estimate conducted at the time of listing the property. Rental returns may fluctuate due to market conditions.

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Property History for 2/60 Medbury Ave, Greensborough, VIC 3088

A timeline of how this property has performed in the market
Last Sold
$992,000
12 Aug 2023
  • 12 Aug 2023
    Sold for $992,000
  • 19 Jul 2023
    Listed for Sale $840,000 - $890,000
  • 19 Dec 2018
    Sold for $765,000
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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 9,906 properties. Over the last 5 years, Houses in Greensborough have seen a 32.01% increase in median value, while Units have seen a 22.14% increase. As at 30 September 2024:

  • The median value for Houses in Greensborough is $1,065,619 while the median value for Units is $717,418.
  • Houses have a median rent of $600 while Units have a median rent of $500.
There are currently 46 properties listed for sale, and 4 properties listed for rent in Greensborough on OnTheHouse. According to CoreLogic's data, 313 properties were sold in the past 12 months in Greensborough.

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