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Sold on 11 May 2024 for $635,000

208 Elder Street
Greensborough VIC 3088

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Land area: 531m2
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Property Details for 208 Elder St, Greensborough

Building Type
Land
Land Size
531m2

Last Listing description (May 2024)

Auction -206 Elder St @ 10.00am, Auction -208 Elder St @ 10.15am
Welcome to 206 & 208 Elder St, Greensborough where the possibilities are endless for creating your dream home. Situated side by side, these blocks offer options to buy one or both 206 is 534 sqm and 208 is 531 sqm (approx.) providing ample space for your vision to flourish. Blocks will be sold separately.

Conveniently located in a sought-after neighbourhood, these blocks are nestled close to lush parklands, offering a serene backdrop for tranquil living. Nature enthusiasts will appreciate the proximity to green spaces, perfect for leisurely strolls or outdoor activities. Additionally, families will benefit from the short walk to esteemed educational institutions such as Montmorency Secondary College and Watsonia Heights Primary, ensuring quality education is within reach. With Greensborough Plaza and the train station just a short drive away, everyday conveniences are at your fingertips. Indulge in a diverse array of shopping, dining, and entertainment options, or easily commute to the city for work or leisure.

The prime location of these blocks offers the perfect balance of suburban tranquillity and urban convenience.

Whether you're looking to build your forever home, embark on a lucrative development project in a thriving locale, 206 & 208 Elder St present an unparalleled chance to make your mark in the Greensborough property market. Don't miss out on this rare offering to purchase one or both blocks and turn your real estate aspirations into reality. Enquire today and seize this excellent opportunity before it's gone.

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Property History for 208 Elder St, Greensborough, VIC 3088

A timeline of how this property has performed in the market
Last Sold
$635,000
11 May 2024
  • 11 May 2024
    Sold for $635,000

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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 9,999 properties. Over the last 5 years, Houses in Greensborough have seen a 24.86% increase in median value, while Units have seen a 20.53% increase. As at 30 November 2024:

  • The median value for Houses in Greensborough is $1,051,536 while the median value for Units is $745,111.
  • Houses have a median rent of $600 while Units have a median rent of $500.
There are currently 28 properties listed for sale, and 4 properties listed for rent in Greensborough on OnTheHouse. According to CoreLogic's data, 334 properties were sold in the past 12 months in Greensborough.

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