SOLD
Sold on 06 Feb 2024 for $635,000

4/48 Warwick Road
Greensborough VIC 3088

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 93m2
Land area: 287m2
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Property Details for 4/48 Warwick Rd, Greensborough

4/48 Warwick Rd, Greensborough is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1978. The property has a land size of 287m2 and floor size of 93m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 3 bedroom Unit sold in Greensborough in the last 12 months.

Building Type
Unit
Year Built
1978
Floor Size
93m2
Land Size
287m2
Local Government
Banyule
Lot/Plan
4/RP12964

Last Listing description (April 2024)

Offering a dream investment opportunity barely 500m from Greensborough shops and train station, this 3-bedroom single level home promises rental return right from day one! With a long term tenant and lease in place until September 2024 ($1955pcm) - it really couldn't be easier to retain a long term tenant or to make it your home once the lease expires.

FHB still eligible for Stamp duty relief and with plenty of upside to improve make sure you inspect.

Fantastic investment opportunity | single level home | spacious well-tended complex | lease already in place (Sept 2024) | 3 robed bedrooms | classic bathroom | open plan living/dining | original kitchen with courtyard aspect | lockup garage | large level courtyard garden | secure fencing | approx. 500m to Greensborough shops and train

THINGS WE THINK YOU'LL LOVE:

- The fantastic central Greensborough location
- The immediate rental return
- The practical single level design
- The private position in a spacious enclave

Alan King 0416 150 664
Narelle King 0430 525 703

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Property History for 4/48 Warwick Rd, Greensborough, VIC 3088

A timeline of how this property has performed in the market
Last Sold
$635,000
06 Feb 2024
  • 06 Feb 2024
    Sold for $635,000
  • 07 Nov 2023
    Listed for Sale Asking $635,000
  • 22 Nov 1978
    Sold for $39,460

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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 9,967 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 6 properties listed for rent in Greensborough on OnTheHouse. According to CoreLogic's data, 311 properties were sold in the past 12 months in Greensborough.

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