SOLD
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Sold on 04 Jun 2024 for $545,000

2/40 Jade Way
Hillside VIC 3037

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Land area: 238m2
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Property Details for 2/40 Jade Way, Hillside

2/40 Jade Way, Hillside is a 3 bedroom, 2 bathroom Unit with 1 parking spaces. The property has a land size of 238m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 3 bedroom Unit sold in Hillside in the last 12 months.

Building Type
Unit
Land Size
238m2
Local Government
Melton
Lot/Plan
2/PS604823

Last Listing description (June 2024)

Perfect for first home buyers, downsizers, and investors looking to add to their portfolio. It's properties like these that turn heads. Embrace yourself for the best living with nearby shops, quality primary and secondary schools, public transport, parklands and so much more!

Features Include:
• Master bedroom showcasing a walk-in wardrobe and ensuite

• Additional two spacious bedrooms with built-in wardrobes
• The open plan kitchen is located perfectly to incorporate the meals and family space
• Kitchen complete with ample cupboard space, gas cooktop, electric oven, range hood, dishwasher and double sink
• Central bathroom with bathtub, shower and quality fittings
• Ducted heating, reverse cycle split system unit, two toilets, electric roller shutters, alarm, landscaped gardens
• Outdoor pergola area with timber decking, two electric heaters and a ceiling fan
• Single car garage on remote with internal access
• The potential rental income is $24,507.14 per annum or $470 per week (approximately) with always a strong demand for this location

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DISCLAIMER: Every precaution has been taken to establish the accuracy of the above information but it does not constitute any representation by the vendor or agent/agency. Garden images are artist's impression and are for illustrative purposes only.

Property History for 2/40 Jade Way, Hillside, VIC 3037

A timeline of how this property has performed in the market
Last Sold
$545,000
04 Jun 2024
Listed for Rent
$320/w
25 Jul 2018
  • 24 May 2024
    Sold for $545,000
  • 17 May 2024
    Listed for Sale SOLD $545,000
  • 03 Jul 2018
    Listed for Rent $320 / week
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About Hillside 3037

The size of Hillside is approximately 8.2 square kilometres. It has 29 parks covering nearly 9.8% of total area. The population of Hillside in 2011 was 16,326 people. By 2016 the population was 17,052 showing a population growth of 4.4% in the area during that time. The predominant age group in Hillside is 40-49 years. Households in Hillside are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Hillside work in a clerical occupation. In 2011, 83.3% of the homes in Hillside were owner-occupied compared with 83% in 2016.

Hillside has 6,109 properties. Over the last 5 years, Houses in Hillside have seen a 23.23% increase in median value, while Units have seen a 16.09% increase. As at 31 October 2024:

  • The median value for Houses in Hillside is $801,873 while the median value for Units is $527,167.
  • Houses have a median rent of $520 while Units have a median rent of $450.
There are currently 31 properties listed for sale, and 7 properties listed for rent in Hillside on OnTheHouse. According to CoreLogic's data, 222 properties were sold in the past 12 months in Hillside.

Suburb Insights for Hillside 3037

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Andrew Migliorisi
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Stephen Azzopardi
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YPA Estate Agents Caroline Springs
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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.