SOLD
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Sold on 19 Aug 2024 for $300,000

18 Sparrowhawk Road
Long Gully VIC 3550

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 65m2
Land area: 927.6m2
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Property Details for 18 Sparrowhawk Rd, Long Gully

18 Sparrowhawk Rd, Long Gully is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 927.6m2 and floor size of 65m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom House sold in Long Gully in the last 12 months.

Building Type
House
Floor Size
65m2
Land Size
927.6m2

Last Listing description (August 2024)

Unlock the potential of this prime real estate opportunity at 18 Sparrowhawk Road, Long Gully. Situated on a generous 927.6sqm block, this property offers an exceptional canvas for your next venture.

Key Features:
• Versatile Development Options: Whether you choose to replace and rebuild or renovate the existing structure, this property offers endless possibilities to create your dream home or investment.

• Great Subdivision Potential (STCA): With its large frontage and expansive block size, explore the potential to subdivide and capitalize on the booming property market (Subject to Council Approval).
• Strategic Location: Only a brief 5-minute drive from the CBD, enjoy the convenience of city living while residing in a tranquil suburban setting.
• Fantastic Renovation Opportunity: The existing 2-bedroom dwelling presents an opportunity for renovation enthusiasts to transform and modernize.

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Property History for 18 Sparrowhawk Rd, Long Gully, VIC 3550

A timeline of how this property has performed in the market
Last Sold
$300,000
19 Aug 2024
Listed for Rent
$180/w
30 Jan 2007
  • 26 Aug 2024
    Sold for $300,000
  • 25 Jul 2024
    Listed for Sale $300,000 - $330,000
  • 15 Jan 2010
    Listed for Sale BID START AT $160,000
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About Long Gully 3550

The size of Long Gully is approximately 3.4 square kilometres. It has 3 parks covering nearly 2% of total area. The population of Long Gully in 2011 was 3,338 people. By 2016 the population was 3,369 showing a population growth of 0.9% in the area during that time. The predominant age group in Long Gully is 20-29 years. Households in Long Gully are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Long Gully work in a labourer occupation. In 2011, 56.7% of the homes in Long Gully were owner-occupied compared with 53.3% in 2016.

Long Gully has 1,923 properties. Over the last 5 years, Houses in Long Gully have seen a 48.63% increase in median value, while Units have seen a 53.49% increase. As at 30 November 2024:

  • The median value for Houses in Long Gully is $459,644 while the median value for Units is $391,847.
  • Houses have a median rent of $430 while Units have a median rent of $395.
There are currently 7 properties listed for sale, and no properties listed for rent in Long gully on OnTheHouse. According to CoreLogic's data, 75 properties were sold in the past 12 months in Long gully.

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Sacha Dale
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