OFF MARKET

11 Ricardo Drive
Marlo VIC 3888

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Floor area: 278m2
Land area: 5005m2
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Last updated 11 Nov 2024
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Property Details for 11 Ricardo Dr, Marlo

11 Ricardo Dr, Marlo is a 5 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 5005m2 and floor size of 278m2. While the property is not currently for sale or for rent, it was last sold in August 2005.

Building Type
House
Floor Size
278m2
Land Size
5005m2
Local Government
East Gippsland
Lot/Plan
51/PS514249

Property History for 11 Ricardo Dr, Marlo, VIC 3888

A timeline of how this property has performed in the market
Last Sold
$310,000
22 Aug 2005
  • 22 Aug 2005
    Sold for $310,000
  • 31 May 2004
    Sold for $60,000

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About Marlo 3888

The size of Marlo is approximately 134.4 square kilometres. It has 7 parks covering nearly 85.5% of total area. The population of Marlo in 2011 was 678 people. By 2016 the population was 551 showing a population decline of 18.7% in the area during that time. The predominant age group in Marlo is 50-59 years. Households in Marlo are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Marlo work in a professional occupation. In 2011, 78.1% of the homes in Marlo were owner-occupied compared with 82.2% in 2016.

Marlo has 647 properties. Over the last 5 years, Houses in Marlo have seen a 56.70% increase in median value, while Units have seen a 82.86% increase. As at 31 October 2024:

  • The median value for Houses in Marlo is $462,560 while the median value for Units is $351,517.
  • Houses have a median rent of $500.
There are currently 7 properties listed for sale, and no properties listed for rent in Marlo on OnTheHouse. According to CoreLogic's data, 11 properties were sold in the past 12 months in Marlo.

Suburb Insights for Marlo 3888

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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.