OFF MARKET

7 Ricardo Drive
Marlo VIC 3888

Bedrooms: 5
Bathrooms: 2
Car spaces: 5
Floor area: 380m2
Land area: 5002m2
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Property Details for 7 Ricardo Dr, Marlo

7 Ricardo Dr, Marlo is a 5 bedroom, 2 bathroom House with 5 parking spaces and was built in 2007. The property has a land size of 5002m2 and floor size of 380m2. While the property is not currently for sale or for rent, it was last sold in April 2014.

Building Type
House
Year Built
2007
Floor Size
380m2
Land Size
5002m2
Local Government
East Gippsland
Lot/Plan
53/PS514249

Last Listing description (May 2014)

FANTASTIC HOME IN MARLO!
Five bedroom plus study hardiplank home (or 4 bed, rumpus and study) on approx. 5000sqm in Marlo. The home has an open plan lounge/dining/kitchen/sitting room surrounded by 170sqm of decking. Heating & cooling are R/C air conditioner plus wood heater and 9 ceiling fans. There are 2 generous bathrooms plus an extra toilet. The kitchen has stainless steel appliances, large Omega gas cooktop and electric oven. There is town water, but an extra 10,000 litre of tank water also. There is also a 23m x 9m 5 bay shed and you are only a couple of kilometres from where the Snowy River meets the sea.

Property History for 7 Ricardo Dr, Marlo, VIC 3888

A timeline of how this property has performed in the market
Last Sold
$420,000
23 Apr 2014
  • 23 Apr 2014
    Sold for $420,000
  • 07 Aug 2013
    Listed for Sale $449,500
  • 22 Jun 2012
    Listed for Sale $464,000
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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 648 properties. Over the last 5 years, Houses in Marlo have seen a 87.41% increase in median value, while Units have seen a 43.29% increase. As at 31 July 2024:

  • The median value for Houses in Marlo is $490,453 while the median value for Units is $260,662.
  • Houses have a median rent of $500.
There are currently 11 properties listed for sale, and no properties listed for rent in Marlo on OnTheHouse. According to CoreLogic's data, 13 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.