SOLD
Sold on 07 Sep 2024 for $960,000

31 Spence Street
Keilor Park VIC 3042

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 563m2
Sold By
Nelson Alexander Keilor East
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Property Details for 31 Spence St, Keilor Park

31 Spence St, Keilor Park is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 563m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 4 bedroom House sold in Keilor Park in the last 12 months.

Building Type
House
Land Size
563m2
Local Government
Brimbank
Lot/Plan
1/LP85661

Last Listing description (September 2024)

This elegant 4-bedroom house, set on an impressive 563 sqm (approx) corner block in Keilor Park, offers a lifestyle of unparalleled comfort and sophistication, making it an ideal choice for both large families and investors. The home's inviting interior unfolds with three generously sized bedrooms on the upper level, all thoughtfully serviced by a deluxe, fully tiled central bathroom and toilet. The lower level reveals an additional bedroom, a retreat or study area, and a separate WC, complemented by a fully equipped kitchenette, laundry, and living area. Perfect for accommodating dual-family living.

A versatile front lounge and dining room upstairs seamlessly transitions to the expansive open plan living and meals area, making it a perfect space for family gatherings. The heart of the home is the timber-cabinet kitchen, complete with granite benchtops and high-quality appliances, ideal for any culinary enthusiast. Bathed in natural light, the residence also boasts fine features such as ducted heating, refrigerated cooling upstairs, and your very own dual-level remote-controlled internal lift.

Outdoors, an undercover entertaining area, and an expansive backyard provide the perfect setting for year-round gatherings. While the remote-controlled garage, with its extra-wide driveway, the additional adjacent drive-through access area, and the oversized storage shed, offers unmatched convenience.

This brick home not only provides a luxurious living environment but also exceptional versatility. Maximize your investment by renting out a portion of the property, benefiting from reduced land tax and contributions towards mortgage repayments. The upcoming Melbourne Airport Rail will soon connect Keilor East to the city's extensive rail network, significantly improving access to Melbourne Airport and key employment areas, making this location even more desirable.

Ideally situated near local buses, parks, and top schools like Penleigh Essendon Grammar, as well as popular shopping villages, this Keilor Park residence offers easy access to Westfield, the Calder Freeway, and the Western Ring Road, making it an exceptional choice for your next home or investment.

Property History for 31 Spence St, Keilor Park, VIC 3042

A timeline of how this property has performed in the market
Last Sold
$960,000
07 Sep 2024
  • 07 Sep 2024
    Sold for $960,000
  • 13 Aug 2024
    Listed for Sale Auction $800,000 - $880,000

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About Keilor Park 3042

The size of Keilor Park is approximately 3.2 square kilometres. It has 7 parks covering nearly 28.6% of total area. The population of Keilor Park in 2011 was 2,539 people. By 2016 the population was 2,698 showing a population growth of 6.3% in the area during that time. The predominant age group in Keilor Park is 60-69 years. Households in Keilor Park are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Keilor Park work in a clerical occupation. In 2011, 80.1% of the homes in Keilor Park were owner-occupied compared with 81.5% in 2016.

Keilor Park has 1,705 properties. Over the last 5 years, Houses in Keilor Park have seen a 13.13% increase in median value, while Units have seen a 33.05% increase. As at 31 October 2024:

  • The median value for Houses in Keilor Park is $857,250 while the median value for Units is $844,862.
  • Houses have a median rent of $550 while Units have a median rent of $495.
There are currently 7 properties listed for sale, and 2 properties listed for rent in Keilor park on OnTheHouse. According to CoreLogic's data, 49 properties were sold in the past 12 months in Keilor park.

Suburb Insights for Keilor Park 3042

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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.