SOLD
RECENT ADVICE
Sold on 21 Sep 2024 for $750,000

1/5 Elm Grove
Mckinnon VIC 3204

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 164m2
Land area: 164m2
Sold By
Fletchers Glen Eira Bentleigh
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Property Details for 1/5 Elm Gr, Mckinnon

1/5 Elm Gr, Mckinnon is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1965. The property has a land size of 164m2 and floor size of 164m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom Unit sold in Mckinnon in the last 12 months.

Building Type
Unit
Year Built
1965
Floor Size
164m2
Land Size
164m2
Local Government
Glen Eira
Lot/Plan
1/RP4378

Last Listing description (September 2024)

Front up to an in-Zone, off-the-strip lifestyle with big retro style and huge potential to add value. Fronting a great group of three just 50m to McKinnon Road's retail and rail strip, this impressive street-front unit is out in front with room to fit a home-office (or dining area) in extra-large living, space for meals beside a cool retro kitchen, and high-fenced courtyards front and rear.
Sized up with big robe-fitted bedrooms, an extra-large bathroom (with separate shower and full bath) alongside a separate WC, and a vast and versatile laundry, this super-solid brick home is big on vintage detail and huge on space ...all ready to reward a modern-day renovation.
Rip up the carpets, add a little paint and polish, and live the life in this lifestyle location; just around the corner from cafes, restaurants and station. Alternatively, add a full designer makeover, open up the interiors to the walled front garden and private rear courtyard, and capitalise on this McKinnon College Zone, latte lifestyle, commuter living address within a 26 minute commute of the CBD.

Whatever the plan, with reverse-cycle air conditioning and gas heating in place, two car spaces on a street-front driveway and in a secure garage, and big street-front presence and privacy to add to the appeal, this original beauty adds up as an excellent rental proposition or value-added lifestyle opportunity!

Property History for 1/5 Elm Gr, Mckinnon, VIC 3204

A timeline of how this property has performed in the market
Last Sold
$750,000
21 Sep 2024
Listed for Rent
$350/w
15 Jul 2015
  • 21 Sep 2024
    Sold for $750,000
  • 27 Aug 2024
    Listed for Sale Auction This Saturday At 12pm($650,000 - $700,000)
  • 20 Jul 2021
    Transferred
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About Mckinnon 3204

The size of Mckinnon is approximately 1.6 square kilometres. It has 4 parks covering nearly 5.9% of total area. The population of Mckinnon in 2011 was 5,554 people. By 2016 the population was 6,068 showing a population growth of 9.3% in the area during that time. The predominant age group in Mckinnon is 40-49 years. Households in Mckinnon are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Mckinnon work in a professional occupation. In 2011, 73.4% of the homes in Mckinnon were owner-occupied compared with 68.4% in 2016.

Mckinnon has 3,149 properties. Over the last 5 years, Houses in Mckinnon have seen a 15.94% increase in median value, while Units have seen a 3.96% increase. As at 31 October 2024:

  • The median value for Houses in Mckinnon is $1,819,482 while the median value for Units is $801,357.
  • Houses have a median rent of $915 while Units have a median rent of $673.
There are currently 24 properties listed for sale, and 4 properties listed for rent in Mckinnon on OnTheHouse. According to CoreLogic's data, 146 properties were sold in the past 12 months in Mckinnon.

Suburb Insights for Mckinnon 3204

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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.