52 Vines RoadHamlyn Heights VIC 3215
Property Details for 52 Vines Rd, Hamlyn Heights
52 Vines Rd, Hamlyn Heights is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 1011m2 and floor size of 102m2. While the property is not currently for sale or for rent, it was last sold in July 2020.
Last Listing description (July 2020)
This brilliant site of 1012 Sqm of rare land is the ideal future or present investment. Residential growth means you can do a High Density development without all the usual restrictions imposed by the regular general res zoning. This land was rezoned by the State Govt some years ago so as to encourage multiple dwellings which in turn guarantees your per site cost is very reasonable. It was designated as appropriate here because of its close proximity to excellent infrastructure such as Shopping, Schools, Transport, Employment and recreation facilities. This suburb is also going ahead in leaps and bounds due to its geographical location near to the Ring road and a short drive into West and town. This type of zoned land is the gold of the future as population growth will make this type of site even more valuable as time goes by. The house on the site would require extensive renovation if you chose to keep it but essentially all the value here is in this magnificent site. Snap this up !
Property History for 52 Vines Rd, Hamlyn Heights, VIC 3215
- 06 Jul 2020Sold for $693,000
- 11 Jun 2020Listed for Sale $670,000-$710,000
- 12 Dec 2008Transferred
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0About Hamlyn Heights 3215
The size of Hamlyn Heights is approximately 4 square kilometres. It has 9 parks covering nearly 2.6% of total area. The population of Hamlyn Heights in 2011 was 6,074 people. By 2016 the population was 6,283 showing a population growth of 3.4% in the area during that time. The predominant age group in Hamlyn Heights is 20-29 years. Households in Hamlyn Heights are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Hamlyn Heights work in a professional occupation. In 2011, 73.9% of the homes in Hamlyn Heights were owner-occupied compared with 69.1% in 2016.
Hamlyn Heights has 3,394 properties. Over the last 5 years, Houses in Hamlyn Heights have seen a 31.58% increase in median value, while Units have seen a 16.03% increase. As at 31 October 2024:
- The median value for Houses in Hamlyn Heights is $725,150 while the median value for Units is $473,871.
- Houses have a median rent of $480 while Units have a median rent of $450.
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