OFF MARKET

5/157 Northern Road
Heidelberg Heights VIC 3081

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 67m2
Land area: 597m2
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Last updated 11 Nov 2024
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Property Details for 5/157 Northern Rd, Heidelberg Heights

5/157 Northern Rd, Heidelberg Heights is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2016. The property has a land size of 597m2 and floor size of 67m2. While the property is not currently for sale or for rent, it was last sold in January 2018.

Building Type
Unit
Year Built
2016
Floor Size
67m2
Land Size
597m2
Local Government
Banyule
Lot/Plan
5/PS747160

Last Listing description (February 2018)

Beyond the hushed, modern foyer awaits this desirable and well-proportioned 2 bedroom residence designed for comfort and immaculately presented.
Appointed with contemporary fittings and fixtures including three split-system heating/cooling systems, functional, gourmet kitchen, dishwasher and private balcony.

Downstairs, intercom and private undercover parking with storage make this ideal for parents seeking safe student accommodation and robust long term investment.
With not a cent to spend, this sun-drenched apartment boasts an array of desirable attractions, including:
3 x split systems
Convenient to RMIT and Latrobe Universities
Handy to public transport
Lucrative rental prospects (estimated at $390pw)
Modern kitchen with breakfast bar
Undercover balcony
European laundry
Secure parking with storage
Situated a short walk to Macleod shops, amenities and local parks, this appealing apartment is perfect for investors and those seeking to get a foothold into the property market.
Don t wait - contact Paige Hanley on 0490 816 013 to inspect this superb opportunity.
Please note photo ID is required prior to inspection.

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Property History for 5/157 Northern Rd, Heidelberg Heights, VIC 3081

A timeline of how this property has performed in the market
Last Sold
$410,000
20 Jan 2018
  • 20 Jan 2018
    Sold for $410,000
  • 19 Dec 2017
    Listed for Sale $395,000 - $430,000
  • 02 Dec 2016
    Sold for $385,000

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About Heidelberg Heights 3081

The size of Heidelberg Heights is approximately 2.1 square kilometres. It has 3 parks covering nearly 3.5% of total area. The population of Heidelberg Heights in 2011 was 6,387 people. By 2016 the population was 6,083 showing a population decline of 4.8% in the area during that time. The predominant age group in Heidelberg Heights is 30-39 years. Households in Heidelberg Heights are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Heidelberg Heights work in a professional occupation. In 2011, 56.9% of the homes in Heidelberg Heights were owner-occupied compared with 57.2% in 2016.

Heidelberg Heights has 4,089 properties. Over the last 5 years, Houses in Heidelberg Heights have seen a 17.24% increase in median value, while Units have seen a 20.14% increase. As at 31 October 2024:

  • The median value for Houses in Heidelberg Heights is $929,328 while the median value for Units is $702,394.
  • Houses have a median rent of $590 while Units have a median rent of $550.
There are currently 17 properties listed for sale, and 3 properties listed for rent in Heidelberg heights on OnTheHouse. According to CoreLogic's data, 179 properties were sold in the past 12 months in Heidelberg heights.

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