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Sold on 03 May 2024 for $717,000

2/5 Durham Crescent
Hoppers Crossing VIC 3029

Bedrooms: 4
Bathrooms: 2
Car spaces: -
Floor area: 86m2
Land area: 614m2
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Property Details for 2/5 Durham Cres, Hoppers Crossing

2/5 Durham Cres, Hoppers Crossing is a 4 bedroom, 2 bathroom House and was built in 1990. The property has a land size of 614m2 and floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 4 bedroom House sold in Hoppers Crossing in the last 12 months.

Building Type
House
Year Built
1990
Floor Size
86m2
Land Size
614m2
Local Government
Wyndham

Last Listing description (June 2024)

Nestled in the heart of the vibrant community of Hoppers Crossing, Reliance Real Estate proudly presents a rare and unique opportunity: 1/5 & 2/5 Durham Crescent, located in the premium and highly sought-after Mossfiel Estate.

This magnificent property offers the chance to purchase two separate properties on a single block, making it an exceptional find for discerning homebuyers, investors, or developers alike. Whether you're seeking dual rental incomes, looking to invest while enjoying the comfort of your own living space, or planning for future development, this opportunity caters to a variety of needs and aspirations.

What we are selling, we are selling 1/5 and 2/5 Durham together.

Residence #1 offers a perfect harmony of low maintenance and comfort, catering to the modern lifestyle. Thoughtfully designed, the living space seamlessly combines functionality with style, creating an inviting atmosphere for both relaxation and entertainment.
$380 Per week
$1520 Per month
$19,760 Annually (potentially)

Features of 1/5 Durham include:

-2 Bedrooms
-1 common bathroom
-Single car carport
-Floorboards
-New oven and cooktop
-Single-car garage

Residence #2 Presents an ideal combination of privacy and low-maintenance living. Designed with practicality and comfort in mind, this property offers residents a serene retreat from the hustle and bustle of daily life.

$380 Per week
$1520 Per month
$19,760 Annually (potentially)

Features of 2/5 Durham include:
-2 Bedrooms
-1 common bathroom
-Separate toilet
-Single car carport
-Carpet in bedrooms
-Tiles in kitchen and living

Whether you're an investor looking to maximize rental potential or a homeowner seeking the flexibility of dual occupancy, 1/5 & 2/5 Durham Crescent offers a versatile and lucrative investment opportunity in one of Hoppers Crossing's most coveted neighborhoods. Don't miss out on the chance to make this unique property yours.

For more information contact Pratik Shah on 0430 437 402 and Mikayla Howell on 0410823 553

Please see the below link for an up-to-date copy of the Due Diligence Checklist:
http://www.consumer.vic.gov.au/duediligencechecklist
DISCLAIMER: All stated dimensions are approximate only. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent
*Images for illustrative purposes only*

Property History for 2/5 Durham Cres, Hoppers Crossing, VIC 3029

A timeline of how this property has performed in the market
Last Sold
$717,000
03 May 2024
Listed for Rent
$320/w
08 Nov 2018
  • 07 Mar 2024
    Listed for Sale CONTACT AGENT
  • 07 Jun 2023
    Listed for Sale $690,000 - $750,000
  • 07 Apr 2021
    Listed for Sale $590,000 - $640,000
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About Hoppers Crossing 3029

The size of Hoppers Crossing is approximately 17.6 square kilometres. It has 60 parks covering nearly 7.9% of total area. The population of Hoppers Crossing in 2011 was 37,598 people. By 2016 the population was 38,698 showing a population growth of 2.9% in the area during that time. The predominant age group in Hoppers Crossing is 20-29 years. Households in Hoppers Crossing are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Hoppers Crossing work in a clerical occupation. In 2011, 77% of the homes in Hoppers Crossing were owner-occupied compared with 73.4% in 2016.

Hoppers Crossing has 16,218 properties. Over the last 5 years, Houses in Hoppers Crossing have seen a 17.03% increase in median value, while Units have seen a 17.54% increase. As at 31 October 2024:

  • The median value for Houses in Hoppers Crossing is $628,295 while the median value for Units is $448,536.
  • Houses have a median rent of $470 while Units have a median rent of $420.
There are currently 77 properties listed for sale, and 39 properties listed for rent in Hoppers crossing on OnTheHouse. According to CoreLogic's data, 601 properties were sold in the past 12 months in Hoppers crossing.

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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.