OFF MARKET

14 Ramu Parade
Heidelberg West VIC 3081

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Land area: 580m2
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Property Details for 14 Ramu Pde, Heidelberg West

14 Ramu Pde, Heidelberg West is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1950. The property has a land size of 580m2.

Building Type
Unit
Year Built
1950
Land Size
580m2
Local Government
Banyule

Last Listing description (October 2009)

CORNER OPPORTUNITY TO RENOVATE/REDEVELOP (580M2 APPROX)
SITUATED ON A PRIME CORNER ALLOTMENT OF 580M2 (APPROX) IS THIS HONEST 3 BEDROOM HOME WITH A 2 BEDROOM BUNGALOW IDEAL FOR THE FIRST HOME BUYER, INVESTOR OR DEVELOPER. THE EXISTING HOME AND BUNGALOW ARE CURRENTLY LEASED TO STUDENTS FOR A TOTAL OF $1300PCM AND OFFERS AN EXCITING RENOVATION OPPORTUNITY FOR THE HOME BUYER OR A MULTI-UNIT DEVELOPMENT OPPORTUNITY (STCA) FOR THE SAVVY DEVELOPER. ALL LOCATED CLOSEBY PARKLANDS, LOCAL SHOPPING, AUSTIN HOSPITAL, LATROBE UNIVERSITY AND PARKLANDS. NOTE - THE PURCHASER OF 14 RAMU PARADE WILL HAVE FIRST OPTION TO BUY 12 RAMU PARADE AT THE VENDORS RESERVE PRICE STRAIGHT AFTER THE AUCTION.

Property History for 14 Ramu Pde, Heidelberg West, VIC 3081

A timeline of how this property has performed in the market
Listed for Rent
$340/w
26 Nov 2014
  • 26 Nov 2014
    Listed for Rent $340 / week
  • 13 Oct 2009
    Listed for Sale ESR: $360,000 - $390,000
  • 18 Jan 1997
    Listed for Sale Not Disclosed

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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 4,083 properties. Over the last 5 years, Houses in Heidelberg West have seen a 17.46% increase in median value, while Units have seen a 15.37% increase. As at 30 September 2024:

  • The median value for Houses in Heidelberg West is $843,515 while the median value for Units is $670,425.
  • Houses have a median rent of $530 while Units have a median rent of $575.
There are currently 9 properties listed for sale, and 8 properties listed for rent in Heidelberg west on OnTheHouse. According to CoreLogic's data, 175 properties were sold in the past 12 months in Heidelberg west.

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