SOLD
Sold on 27 Jul 2024 for $741,000

39 Spence Street
Keilor Park VIC 3042

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Land area: 778m2
Sold By
Harcourts Vision Keilor East
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Property Details for 39 Spence St, Keilor Park

39 Spence St, Keilor Park is a 3 bedroom, 1 bathroom House with 4 parking spaces. The property has a land size of 778m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 3 bedroom House sold in Keilor Park in the last 12 months.

Building Type
House
Land Size
778m2
Local Government
Brimbank
Lot/Plan
527/LP12601

Last Listing description (October 2024)

This is your chance to secure a prime piece of Keilor Park real estate, brimming with potential for development or renovation. Nestled on a generous 778sqm block, this property offers a fantastic blank canvas to bring your vision to life.
The existing dwelling boasts a solid structure with 3 bedrooms and 1 bathroom, all in original condition. A spacious 4-car garage provides exceptional storage or potential workshop space - a perfect bonus for those seeking functionality.
Location is key, and this property delivers. Situated within a well-established, desirable Keilor Park neighbourhood, it enjoys close proximity to a range of amenities. Schools, parks, shops, and public transport are all conveniently close, ensuring ease of access for future residents.

This exciting opportunity caters to a variety of aspirations. Developers can capitalize on the substantial land size for a multi-dwelling development (STCA*). Renovators can breathe new life into the existing dwelling and create a dream family home. Home builders can design and construct their perfect family haven in a sought-after location.

Property History for 39 Spence St, Keilor Park, VIC 3042

A timeline of how this property has performed in the market
Last Sold
$741,000
27 Jul 2024
  • 27 Jul 2024
    Sold for $741,000
  • 26 Jun 2024
    Listed for Sale $700,000 - $770,000

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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 1,708 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 3 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.