SOLD
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Sold on 30 Sep 2024 for $2,260,000

5 Prince Edward Avenue
Mckinnon VIC 3204

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 287m2
Land area: 714m2
Sold By
Buxton Bentleigh
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Property Details for 5 Prince Edward Ave, Mckinnon

5 Prince Edward Ave, Mckinnon is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1940. The property has a land size of 714m2 and floor size of 287m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 4 bedroom House sold in Mckinnon in the last 12 months.

Building Type
House
Year Built
1940
Floor Size
287m2
Land Size
714m2
Local Government
Glen Eira
Lot/Plan
1/TP438622

Last Listing description (October 2024)

This unique 5-bed family home, originally built in the 1940s, has been thoughtfully extended and updated, and now offers an amazing opportunity for another family to stamp their mark on it.

The bones of this house are strong and solid, with thick walls and an abundance of original features. The traditional layout has the formal lounge to one side of the front foyer, with working fireplace and an archway to the formal dining room - both spaces feel grand and well-proportioned.

Across the foyer, the enormous master bedroom features a beautiful window seat under the bay window and the colour in the lead light windows either side of the bed provides a peaceful, golden glow to this delightful space. Wall to ceiling BIR extends across one wall and a large WIR, accessed through the en suite, completes the extensive storage options.

Deeper into the foyer, the striking French polished staircase opens upstairs to a bright rumpus room, off which there are 4 bedrooms, as well as a WC and renovated bathroom.

Back downstairs, beyond the attractive powder room, the foyer leads to a huge kitchen/dining/family room, with doors leading out to the back and side gardens.

The kitchen itself is modern and bright, with light-coloured cupboards extending all the way to the ceiling, quality Miele appliances (integrated oven and microwave, stove top, range hood and dishwasher) adding functionality, and a large island bench, perfect for food preparation or for gathering around - this stylish kitchen feels like the heart of the home.

The sheer scale of the family room creates options and flexibility in the use of space, and there's good vision of the garden and easy access to the outdoors. One set of French doors leads to a large conservatory, in which there's an inground spa. The access door is laminated (smash-proof) and has a mechanism that ensures it closes after use, meeting pool compliance safety measures.

The house benefits from central heating and there are additional reverse cycle heating and cooling units in the family room, master bedroom and rumpus room.

Situated on a peaceful and pleasant residential street, yet just around the corner from the McKinnon shops, and one street from McKinnon train station, the location is ideal. The proximity to parks and prized schools (less than a kilometer from both Ormond Primary and McKinnon Secondary), ensures its family appeal, whether this be for a family happy to make some cosmetic upgrades, and for whom the zoned living within would enable many years of enjoyment as the kids mature, or for someone searching for an incredible future investment opportunity in a GRZ1 zone.

Property History for 5 Prince Edward Ave, Mckinnon, VIC 3204

A timeline of how this property has performed in the market
Last Sold
$2,260,000
30 Sep 2024
  • 30 Sep 2024
    Sold for $2,260,000
  • 11 Sep 2024
    Listed for Sale $2,000,000
  • 18 Nov 2019
    Sold for $2,050,000
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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 3,170 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 25 properties listed for sale, and 6 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.