OFF MARKET

3/55 Lorimer Street
Greensborough VIC 3088

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 75m2
Land area: 128m2
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Property Details for 3/55 Lorimer St, Greensborough

3/55 Lorimer St, Greensborough is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2012. The property has a land size of 128m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in November 2022.

Building Type
Unit
Year Built
2012
Floor Size
75m2
Land Size
128m2
Local Government
Banyule
Lot/Plan
3/PS642681

Last Listing description (December 2022)

When location and lifestyle are paramount this two bedroom unit delivers. Stylish with sundrenched open plan living and alfresco dining, this home's easy-care surrounds and proximity to Greensborough shopping, cafes and trains make it an absolute winner.

One of only four in a perfectly positioned modern complex
High ceilings and tiled floors frame sunny open plan living

Relax and entertain in gardens offering alfresco dining
Stainless steel appliances furnish a neat modern kitchen
Carpets and built-in robes in genuine double bedrooms
Stylish bathroom with mosaic tile detail, separate laundry
Split system heating/cooling and a car space on title
Walk to central Greensborough shopping, cafes and trains
Near WaterMarc, parks and schools including Loyola College
Ideal first home or investment in a lifestyle location

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
$400 - $430 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.

Property History for 3/55 Lorimer St, Greensborough, VIC 3088

A timeline of how this property has performed in the market
Last Sold
$566,000
21 Nov 2022
Listed for Rent
$400/w
20 Aug 2021
  • 21 Nov 2022
    Sold for $566,000
  • 02 Nov 2022
    Listed for Sale $550,000 - $590,000
  • 17 Aug 2021
    Listed for Rent $400 / week
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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 9,997 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 3 properties listed for rent in Greensborough on OnTheHouse. According to CoreLogic's data, 338 properties were sold in the past 12 months in Greensborough.

Suburb Insights for Greensborough 3088

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Disclaimer
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.