SOLD
Sold on 03 Apr 2024 for $475,000

9/5 Kolora Road
Heidelberg West VIC 3081

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1349m2
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Property Details for 9/5 Kolora Rd, Heidelberg West

Building Type
Commercial
Land Size
1349m2
Local Government
Banyule
Lot/Plan
7/PS714171

Last Listing description (October 2023)

Rutherfords Real Estate are pleased to present 9/5 Kolora Road Heidelberg West to you. This property is located in a high demand area in Heidelberg West.

Key Features:
Kitchenette And Amenities

High Demand Location
Investment Opportunity
Lease Currently In Place Ending March 2024

With direct access via both Kolora and Kylta Roads, these premises are perfectly positioned.

Building size: 95m2

Please contact Ronnie Rezk on 0411 919 112 or Lee Murray 0411 748 452 for more information.

Disclaimer:
The information contained in the material Rutherfords has supplied (the "information") is for general information purposes only. Rutherfords assume no responsibility for errors, representations, or omissions in the contents of the information.

In no event shall Rutherfords be liable for any special, direct, indirect, consequential, or incidental damages or any damages whatsoever, whether in an action of contract negligence or other torts, arising out of or in connection with the use of the Information or the contents of the information. Rutherfords reserves the right to make additions, deletions or modification to the contents of the information at any time without prior notice.

Property History for 9/5 Kolora Rd, Heidelberg West, VIC 3081

A timeline of how this property has performed in the market
Last Sold
$475,000
03 Apr 2024
Listed for Rent
$366/w
08 Mar 2022
  • 03 Apr 2024
    Sold for $475,000
  • 09 Oct 2023
    Listed for Sale $485,000
  • 21 Jun 2022
    Listed for Sale $445,000
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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, 172 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.