22 Norma Crescent SKnoxfield VIC 3180
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.
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.
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!
Property History for 22 Norma Cres S, Knoxfield, VIC 3180
- 19 Nov 2016Sold for $895,000
- 25 Oct 2016Listed for Sale AUCTION
- 19 Sep 2012Sold for $610,000
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0About 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 4,448 properties. Over the last 5 years, Houses in Knoxfield have seen a 13.93% increase in median value, while Units have seen a 11.43% increase. As at 30 November 2024:
- The median value for Houses in Knoxfield is $989,239 while the median value for Units is $778,817.
- Houses have a median rent of $580 while Units have a median rent of $575.
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