OFF MARKET

5 Lorraine Crescent
Jacana VIC 3047

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 112m2
Land area: 820m2
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Last updated 18 Nov 2024
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Property Details for 5 Lorraine Cres, Jacana

5 Lorraine Cres, Jacana is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 820m2 and floor size of 112m2. While the property is not currently for sale or for rent, it was last sold in June 2021.

Building Type
House
Floor Size
112m2
Land Size
820m2
Local Government
Hume
Lot/Plan
117/LP85745

Last Listing description (December 2021)

Positioned in leafy peaceful surrounds in a prime location close to train station, buses, schools, and parklands is this well-kept family home with plenty of options for a smart buyer. Option 1 Investor's property is current rented at $1474 per calendar month on a periodic lease for you to immediately profit from a return upon settlement. Option 2 : First Home Buyers Take the opportunity to get in to the market at an entry point buying level and start your journey to home ownership. Option 3 : Developers Subject to council approval it's a great opportunity to put you plans to council for an exciting potential 3 unit development with excellent re-sale prospects. Featuring 3 good size bedrooms that all enjoy built in robes, lovely updated kitchen with adjoining meals area, separate lounge, clean updated central bathroom, bonus sunroom/rumpus, carport and undercover outdoor pergola. With a huge flat backyard and acres of parklands at the rear, land this size with plenty of options is a rare find so best you act quick to secure this fantastic opportunity.

Property History for 5 Lorraine Cres, Jacana, VIC 3047

A timeline of how this property has performed in the market
Last Sold
$650,000
19 Jun 2021
Listed for Rent
$340/w
26 Sep 2018
  • 19 Jun 2021
    Sold for $650,000
  • 03 May 2021
    Listed for Sale UNDER CONTRACT
  • 28 Aug 2018
    Listed for Rent - Price not available
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About Jacana 3047

The size of Jacana is approximately 1.3 square kilometres. It has 3 parks covering nearly 20.6% of total area. The population of Jacana in 2011 was 1,939 people. By 2016 the population was 2,119 showing a population growth of 9.3% in the area during that time. The predominant age group in Jacana is 20-29 years. Households in Jacana are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Jacana work in a trades occupation. In 2011, 65.8% of the homes in Jacana were owner-occupied compared with 60.8% in 2016.

Jacana has 1,057 properties. Over the last 5 years, Houses in Jacana have seen a 7.18% increase in median value, while Units have seen a 3.96% increase. As at 31 October 2024:

  • The median value for Houses in Jacana is $578,703 while the median value for Units is $449,775.
  • Houses have a median rent of $460 while Units have a median rent of $513.
There are currently 5 properties listed for sale, and no properties listed for rent in Jacana on OnTheHouse. According to CoreLogic's data, 53 properties were sold in the past 12 months in Jacana.

Suburb Insights for Jacana 3047

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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.