SOLD
Sold on 07 Dec 2023 for $505,000

178 Cravens Road
Mernda VIC 3754

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 725m2
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Property Details for 178 Cravens Rd, Mernda

178 Cravens Rd, Mernda is a 0 bedroom, 0 bathroom House. The property has a land size of 725m2.This Property is currently listed for sale with Ray White South Morang

Building Type
House
Land Size
725m2
Local Government
Whittlesea
Lot/Plan
2/PS801233

Last Listing description (October 2024)

Here's your opportunity to build the family home of your dreams in Mernda's prestigious golden mile. This prime 725m (approx) plot of land offers convenience and comfort, situated in a modern and vibrant suburb with every imaginable amenity nearby.

Located just 3km from Mernda train station, Coles and Woolworths shopping centres, and the soon-to-be-completed community hospital, this property backs onto a serene nature reserve. Within walking distance, you'll find Mernda Football Club, childcare facilities, primary and secondary schools, and medical centers. Numerous dining and convenience options are just a short drive away.

The land features a 16m frontage and extends 47m deep, with a natural slope that provides stunning eastern views over Plenty Valley and Mernda. You'll enjoy unobstructed views with no risk of future developments blocking your sightline.

For investors and developers, this property offers the potential for higher-density development, with ample space for three generously sized townhomes (STCA), each with incredible views.

For more information, please contact us.

Property History for 178 Cravens Rd, Mernda, VIC 3754

A timeline of how this property has performed in the market
Last Sold
$505,000
07 Dec 2023
  • 26 Jul 2024
    Listed for Sale Private Sale: $540,000
  • 07 Dec 2023
    Sold for $505,000
  • 30 Aug 2023
    Listed for Sale Contact Agent
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About Mernda 3754

The size of Mernda is approximately 22.5 square kilometres. It has 104 parks covering nearly 9.4% of total area. The population of Mernda in 2011 was 6,507 people. By 2016 the population was 16,469 showing a population growth of 153.1% in the area during that time. The predominant age group in Mernda is 30-39 years. Households in Mernda are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mernda work in a professional occupation. In 2011, 79.8% of the homes in Mernda were owner-occupied compared with 69.9% in 2016.

Mernda has 10,617 properties. Over the last 5 years, Houses in Mernda have seen a 28.52% increase in median value, while Units have seen a 32.77% increase. As at 30 September 2024:

  • The median value for Houses in Mernda is $729,034 while the median value for Units is $524,492.
  • Houses have a median rent of $540 while Units have a median rent of $450.
There are currently 87 properties listed for sale, and 28 properties listed for rent in Mernda on OnTheHouse. According to CoreLogic's data, 434 properties were sold in the past 12 months in Mernda.

Suburb Insights for Mernda 3754

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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.