OFF MARKET

22 Norma Crescent S
Knoxfield VIC 3180

Bedrooms: 6
Bathrooms: 2
Car spaces: 2
Floor area: 238m2
Land area: 969m2
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Last updated 11 Nov 2024
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Property Details for 22 Norma Cres S, Knoxfield

22 Norma Cres S, Knoxfield is a 6 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1970. The property has a land size of 969m2 and floor size of 238m2. While the property is not currently for sale or for rent, it was last sold in November 2016.

Building Type
Unit
Year Built
1970
Floor Size
238m2
Land Size
969m2
Local Government
Knox
Lot/Plan
164/LP43339

Last Listing description (December 2016)

IN ROOM AUCTION: SATURDAY 19TH NOVEMBER AT 10AM AT 5/1849 FERNTREE GULLY ROAD, FERNTREE GULLY
Outstanding opportunity to secure TWO Investment properties on a combined 977sqm parcel positioned moments from the local park and central to everything the City of Knox has to offer in the high demand Eastern suburbs.
Live in, rent out or re-develop (STCA) a block this size in this position brings plenty of options for the savvy investor or developer to pursue now or suspend whilst enjoying dual rental income over future capital growth.

Unit 1 to the front of the property enjoys 4 bedrooms /1 bright bathroom with a separate toilet and laundry. Living is airy and open plan where a sunny gas appointed kitchen overlooks the adjoining dining and living room across a sociable centre island. Carport as well as off street carparking space are provided.
To the rear of the property, Unit 2 is double story and has its own fences and gate access as well as carport and off-street parking space. Featuring 2 bedrooms and one bathroom with separate laundry it also enjoys living areas set out in an open plan design for Kitchen, Dining and living space.
Perfectly positioned with easy access to quality private and public schools, transport options (including Eastlink Access), shopping, parks and entertainment ensures solid rental demand and capital growth for the discerning investor. Invest in, live in one or re-develop (STCA), just don t miss out!

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Property History for 22 Norma Cres S, Knoxfield, VIC 3180

A timeline of how this property has performed in the market
Last Sold
$895,000
19 Nov 2016
Listed for Rent
$250/w
26 Jul 2007
  • 19 Nov 2016
    Sold for $895,000
  • 25 Oct 2016
    Listed for Sale AUCTION
  • 19 Sep 2012
    Sold for $610,000
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About Knoxfield 3180

The size of Knoxfield is approximately 5.6 square kilometres. It has 16 parks covering nearly 18.6% of total area. The population of Knoxfield in 2011 was 7,140 people. By 2016 the population was 7,455 showing a population growth of 4.4% in the area during that time. The predominant age group in Knoxfield is 30-39 years. Households in Knoxfield are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Knoxfield work in a professional occupation. In 2011, 78.8% of the homes in Knoxfield were owner-occupied compared with 76% in 2016.

Knoxfield has 4,440 properties. Over the last 5 years, Houses in Knoxfield have seen a 15.48% increase in median value, while Units have seen a 14.70% increase. As at 31 October 2024:

  • The median value for Houses in Knoxfield is $996,620 while the median value for Units is $786,826.
  • Houses have a median rent of $580 while Units have a median rent of $570.
There are currently 19 properties listed for sale, and 12 properties listed for rent in Knoxfield on OnTheHouse. According to CoreLogic's data, 151 properties were sold in the past 12 months in Knoxfield.

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