SOLD
Sold on 02 Oct 2023 for $678,000

8 Munich Drive
Keilor Downs VIC 3038

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 117m2
Land area: 681m2
Sold By
Nelson Alexander Keilor East
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Property Details for 8 Munich Dr, Keilor Downs

8 Munich Dr, Keilor Downs is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1985. The property has a land size of 681m2 and floor size of 117m2. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 3 bedroom House sold in Keilor Downs in the last 12 months.

Building Type
House
Year Built
1985
Floor Size
117m2
Land Size
681m2
Local Government
Brimbank
Lot/Plan
7/LP122062

Last Listing description (October 2023)

Family Flair with Approved Potential
Set on an impressive allotment (approximately 677SQM) in a quiet yet central location just a short walk to the popular Keilor Central Shopping centre, this home presents a ready-made family environment of indoor comfort and outdoor space along with an approved planning permit in place to construct two sensational new single-storey homes. Light and bright interior comprises four bedrooms all with built in robes, sparkling bathroom. Add to this a spacious lounge, family/meals adjoining kitchen. Other features of the home include ducted heating throughout, cooling plus an expansive backyard, Large lock up garage, and additional secure off-street parking. Walking distance to local parks it's also close to local private & public schools, Within easy access to the freeways and Western Ring Road. Do not miss out, consider your options, invest with absolute confidence.
Currently tenanted until 25/09/2023 returning $1,609pcm

Property History for 8 Munich Dr, Keilor Downs, VIC 3038

A timeline of how this property has performed in the market
Last Sold
$678,000
02 Oct 2023
Listed for Rent
$370/w
12 Sep 2022
  • 02 Oct 2023
    Sold for $678,000
  • 27 Jun 2023
    Listed for Sale Auction $650,000 - $695,000
  • 12 Aug 2022
    Listed for Rent $370 / week
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About Keilor Downs 3038

The size of Keilor Downs is approximately 4.7 square kilometres. It has 18 parks covering nearly 11.1% of total area. The population of Keilor Downs in 2011 was 10,306 people. By 2016 the population was 10,001 showing a population decline of 3.0% in the area during that time. The predominant age group in Keilor Downs is 50-59 years. Households in Keilor Downs are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Keilor Downs work in a professional occupation. In 2011, 80.3% of the homes in Keilor Downs were owner-occupied compared with 77.9% in 2016.

Keilor Downs has 4,141 properties. Over the last 5 years, Houses in Keilor Downs have seen a 23.42% increase in median value, while Units have seen a 11.54% increase. As at 31 July 2024:

  • The median value for Houses in Keilor Downs is $776,378 while the median value for Units is $571,781.
  • Houses have a median rent of $500 while Units have a median rent of $480.
There are currently 11 properties listed for sale, and 4 properties listed for rent in Keilor downs on OnTheHouse. According to CoreLogic's data, 118 properties were sold in the past 12 months in Keilor downs.

Suburb Insights for Keilor Downs 3038

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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.