OFF MARKET

4/1 Timor Parade
Heidelberg West VIC 3081

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 78m2
Land area: 99m2
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Last updated 16 Sep 2024
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Property Details for 4/1 Timor Pde, Heidelberg West

4/1 Timor Pde, Heidelberg West is a 2 bedroom, 1 bathroom Townhouse and was built in 2018. The property has a land size of 99m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
Townhouse
Year Built
2018
Floor Size
78m2
Land Size
99m2
Local Government
Banyule
Lot/Plan
1/PS800680

Last Listing description (October 2023)

This modern townhouse is now available for sale. One of only 4 townhouses in this boutique development, this property offers a cosy and comfortable living space for its future owners. With 2 bedrooms, 1 bathroom, and an undercover carport, this townhouse is perfect for first home buyers looking to enter the property market. The affordable price point makes it an attractive option for young couples or singles who are starting their journey towards homeownership. Investors will also find value in this property as it presents an opportunity for rental income. Its location in an up-and-coming area ensures potential growth in the future.

The interior of the townhouse boasts built-in wardrobes in both bedrooms, providing ample storage space. The floorboards add a touch of elegance and are easy to maintain. Air conditioning and heating systems are installed throughout the property, ensuring year-round comfort, and a European laundry. Additionally, there is a balcony and spacious courtyard where you can relax and enjoy some fresh air.

Now let's talk about the location! Approximate distances from key amenities include:

- Shopping centre: Northland Shopping Centre
- Public transportation: Heidelberg Train Station, Bell Street Bus.
- Schools: Heidelberg Primary School, Our Lady of Mercy College, and St Pius X Primary School
- Universities: La Trobe University, RMIT University and Melbourne Polytechnic.
- Parks: Nearby for outdoor activities
- Restaurants and cafes located in close proximity including Ivanhoe Shops, Burgundy Street Shopping and Bell Street Mall.

In summary, 4/1 Timor Parade offers an excellent opportunity for first home buyers, young couples, singles and investors alike. With its attractive features such as built-in wardrobes, floorboards, Air conditioning, heating and balcony, this property provides comfort and convenience at an affordable price point. Don't miss out on this chance to own your dream home or make a smart investment move!

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Property History for 4/1 Timor Pde, Heidelberg West, VIC 3081

A timeline of how this property has performed in the market
Last Sold
$598,000
22 Aug 2023
  • 22 Aug 2023
    Sold for $598,000
  • 09 Aug 2023
    Listed for Sale Under Offer
  • 20 Sep 2018
    Sold for $485,000
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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 4,083 properties. Over the last 5 years, Houses in Heidelberg West have seen a 21.33% increase in median value, while Units have seen a 16.09% increase. As at 31 August 2024:

  • The median value for Houses in Heidelberg West is $856,757 while the median value for Units is $665,959.
  • Houses have a median rent of $525 while Units have a median rent of $550.
There are currently 6 properties listed for sale, and 7 properties listed for rent in Heidelberg west on OnTheHouse. According to CoreLogic's data, 179 properties were sold in the past 12 months in Heidelberg west.

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