OFF MARKET

4 Lancewood Avenue
Heidelberg West VIC 3081

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Land area: 707m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 16 Sep 2024
Low

High
Save

Property Details for 4 Lancewood Ave, Heidelberg West

4 Lancewood Ave, Heidelberg West is a 3 bedroom, 1 bathroom House with 3 parking spaces and was built in 1950. The property has a land size of 707m2. While the property is not currently for sale or for rent, it was last sold in December 2013.

Building Type
House
Year Built
1950
Land Size
707m2
Local Government
Banyule
Lot/Plan
578/LP33337

Last Listing description (December 2013)

Potential and Possibilities Meet
With land underpinning real estate value this property offers so many options for the home owner looking to update or transform the current home, investors looking for a strong appreciating area with good rental return and the developer with 707m2 approx of prime residential land ripe for redevelopment STCA.
Home comprises of spacious lounge, 3 good sized bedrooms, central bathroom, kitchen with meals area, separate laundry all whilst being so close to all local amenities of schools, parklands, public transport, Northland Shopping Centre, La Trobe University, Austin Mercy Hospital.

Property History for 4 Lancewood Ave, Heidelberg West, VIC 3081

A timeline of how this property has performed in the market
Last Sold
$466,000
21 Dec 2013
Listed for Rent
$265/w
21 Jul 2011
  • 21 Dec 2013
    Sold for $466,000
  • 30 Nov 2013
    Listed for Sale $380,000 - $420,000
  • 28 Jun 2011
    Listed for Rent - Price not available
Sign in to see more transactions

Commute Calculator

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.

Suburb Insights for Heidelberg West 3081

Market Insights
Heidelberg West Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Heidelberg West Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.