OFF MARKET

1 Nicholson Crescent
Meadow Heights VIC 3048

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 125m2
Land area: 517m2
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Property Details for 1 Nicholson Cres, Meadow Heights

1 Nicholson Cres, Meadow Heights is a 3 bedroom, 2 bathroom House and was built in 1990. The property has a land size of 517m2 and floor size of 125m2. While the property is not currently for sale or for rent, it was last sold in November 2022.

Building Type
House
Year Built
1990
Floor Size
125m2
Land Size
517m2
Local Government
Hume
Lot/Plan
1/PS525064

Last Listing description (January 2024)

Family home in a sought-after location. Short distance to Meadow Heights Shopping Centre, Public Transport, Parks, Religious Institutions and Childhood Early Learning Centres. Nestled on a 517m2 allotment with a 3-bedroom and 2-bathroom home , this property will complement your lifestyle and fulfil your day-to-day needs. Currently tenanted with a lease in place until November 2022, the property is generating $1517 per calendar month in rental revenue, equating to $18,200 per year.

Complete with:

3 bedrooms all with built-in robes.

Main bedroom with ensuite and built-in robes.
Lounge room with wall heater and air conditioner.
The kitchen has an oven/grill combo, gas cooktop and range hood.
Laundry with built-in robe
Central bathroom with wash basin, bath and shower.
Separate Toilet.
Linen closet in the hallway.
Outdoor entertainment area with pergola and paving.
2 side gates for easy access to the garden.
Low maintenance backyard.
Alarm System.
2 car spaces for parking.

Nest or invest? It's your choice. Perfect for couples, single career-minded people or investors looking to increase their portfolio, this one is not to be missed!

The property will be made easily accessible via private inspection for those interested parties hoping to view the property during the week or on the weekend at an agreed upon time with the managing agent Hassan Hassan. If you would like to view the property via private inspection, please contact Hassan and he will arrange a time with you. Don't wait, book your inspection now.

Property History for 1 Nicholson Cres, Meadow Heights, VIC 3048

A timeline of how this property has performed in the market
Last Sold
$450,000
14 Nov 2022
Listed for Rent
$350/w
26 Apr 2022
  • 14 Nov 2022
    Sold for $450,000
  • 20 Jul 2022
    Listed for Sale $459,000 Negotiable
  • 26 Apr 2022
    Listed for Rent - Price not available
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About Meadow Heights 3048

The size of Meadow Heights is approximately 4.7 square kilometres. It has 19 parks covering nearly 18.8% of total area. The population of Meadow Heights in 2011 was 14,842 people. By 2016 the population was 14,833 showing a population decline of 0.1% in the area during that time. The predominant age group in Meadow Heights is 20-29 years. Households in Meadow Heights are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Meadow Heights work in a trades occupation. In 2011, 67% of the homes in Meadow Heights were owner-occupied compared with 64.4% in 2016.

Meadow Heights has 5,301 properties. Over the last 5 years, Houses in Meadow Heights have seen a 20.27% increase in median value, while Units have seen a 14.22% increase. As at 31 October 2024:

  • The median value for Houses in Meadow Heights is $584,764 while the median value for Units is $450,044.
  • Houses have a median rent of $500 while Units have a median rent of $480.
There are currently 16 properties listed for sale, and 2 properties listed for rent in Meadow heights on OnTheHouse. According to CoreLogic's data, 178 properties were sold in the past 12 months in Meadow heights.

Suburb Insights for Meadow Heights 3048

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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.