18 Maroo StreetHughesdale VIC 3166
Property Details for 18 Maroo St, Hughesdale
Last Listing description (June 2024)
An extraordinary opportunity within walking distance of Chadstone Shopping Centre and the more sedate charms of Hughesdale Village, this enormous 933 square metre (approx.) allotment is destined to reward. With plans approved and construction commenced, you can either choose to complete the vendor's vision for a hassle-free development or you can start a fresh and bring your own vision for a family dream home or a multi-residential redevelopment (STCA).
Just around the corner from the largest and most iconic Shopping Centre in the Southern Hemisphere, with its own luxury hotel, this is a location of enduring market appeal that ticks all the boxes for longer-term prosperity, set in a peaceful street that also allows you to wander to Hughesdale's cafes, bars and dining options, as well as city-bound trains from Hughesdale Railway Station.
Property History for 18 Maroo St, Hughesdale, VIC 3166
- 20 Jun 2024Listed for Sale $1,650,000 - $1,800,000
- 06 Mar 2024Sold for $1,600,000
- 15 Nov 2023Listed for Sale Under Offer
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About Hughesdale 3166
The size of Hughesdale is approximately 2 square kilometres. It has 3 parks covering nearly 2.1% of total area. The population of Hughesdale in 2011 was 7,054 people. By 2016 the population was 7,550 showing a population growth of 7.0% in the area during that time. The predominant age group in Hughesdale is 20-29 years. Households in Hughesdale are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Hughesdale work in a professional occupation. In 2011, 63.1% of the homes in Hughesdale were owner-occupied compared with 61.1% in 2016.
Hughesdale has 4,035 properties. Over the last 5 years, Houses in Hughesdale have seen a 18.42% increase in median value, while Units have seen a 9.97% increase. As at 31 October 2024:
- The median value for Houses in Hughesdale is $1,484,458 while the median value for Units is $692,699.
- Houses have a median rent of $650 while Units have a median rent of $570.
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