OFF MARKET

1 Lancewood Avenue
Heidelberg West VIC 3081

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 590m2
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Last updated 11 Nov 2024
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Property Details for 1 Lancewood Ave, Heidelberg West

1 Lancewood Ave, Heidelberg West is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 590m2. While the property is not currently for sale or for rent, it was last sold in November 2023.

Building Type
House
Land Size
590m2
Local Government
Banyule
Lot/Plan
597/LP33337

Last Listing description (November 2023)

SOLD BY DARREN JONES REAL ESTATE. Welcome to your opportunity to unlock the full potential of this original brick classic on a generous 590m2 corner allotment (approx.) and zoned GRZ-1. In a pocket gaining appreciation for a location central to Malahang Park, the tracks and trails along the Plenty River, Northland, La Trobe Uni, Heidelberg and the Austin Hospital precinct, a history of successful developments in the street paves the way for your own possibilities (stca).
Not only does this property boast a fantastic location and ample space, but it also offers the exciting prospect of building your dream home! Then again, the generous proportions and lifestyle location introduces the possibilities of designing and constructing your dream home specific to your needs! (stca)

~ Three bedrooms
~ Family bathroom
~ Lounge with gas heating
~ Original kitchen with meals area
~ Roller shutters
~ 590m2 corner allotment
~ Possible rental income while making plans

Property History for 1 Lancewood Ave, Heidelberg West, VIC 3081

A timeline of how this property has performed in the market
Last Sold
$870,000
18 Nov 2023
  • 18 Nov 2023
    Sold for $870,000
  • 20 Oct 2023
    Listed for Sale AUCTION THIS SATURDAY
  • 01 Mar 1989
    Sold for $104,000

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About Heidelberg West 3081

The size of Heidelberg West is approximately 3.2 square kilometres. It has 9 parks covering nearly 14.1% of total area. The population of Heidelberg West in 2011 was 5,327 people. By 2016 the population was 5,561 showing a population growth of 4.4% in the area during that time. The predominant age group in Heidelberg West is 20-29 years. Households in Heidelberg West are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Heidelberg West work in a professional occupation. In 2011, 38.5% of the homes in Heidelberg West were owner-occupied compared with 37.9% in 2016.

Heidelberg West has 4,113 properties. Over the last 5 years, Houses in Heidelberg West have seen a 15.35% increase in median value, while Units have seen a 16.73% increase. As at 31 October 2024:

  • The median value for Houses in Heidelberg West is $841,878 while the median value for Units is $679,353.
  • Houses have a median rent of $510 while Units have a median rent of $585.
There are currently 11 properties listed for sale, and 4 properties listed for rent in Heidelberg west on OnTheHouse. According to CoreLogic's data, 171 properties were sold in the past 12 months in Heidelberg west.

Suburb Insights for Heidelberg West 3081

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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.