16 Mcallister Rd, Monbulk is a 4 bedroom, 2 bathroom House with 3 parking spaces and was built in 1960. The property has a land size of 1120m2. While the property is not currently for sale or for rent, it was last sold in March 1984.
TWO FOR ONE
TWO HOMES ON APPROX 1200 M2 MAKES THIS A VALUE PACKED OPPORTUNITY FOR A DISCERNING INVESTOR. AT THE FRONT OF THE PROPERTY IS A HOME WITH TWO BEDROOMS, A GENEROUS LIVING SPACE AND OPEN PLAN KITCHEN, WAITING TO BE UPDATED TO A MODERN FAMILY HOME. ACROSS A BRICKED COURTYARD IS THE 2 BEDROOM SELF CONTAINED BUNGALOW, ZONED DEPENDENT LIVING, FEATURES A GREAT DECKING AND LOVELY LIGHT FILLED LIVING SPACE, WITH MODERN OPEN PLAN KITCHEN. ALL THIS PLUS 3 CARPORTS, A LARGE GARAGE AND UNDER HOUSE STORAGE MAKES FOR AN ENVIABLE INVESTMENT OPPORTUNITY OR PERFECT FOR THE EXTENDED FAMILY. LAND: 1206
The size of Monbulk is approximately 20.3 square kilometres. It has 12 parks covering nearly 6.2% of total area. The population of Monbulk in 2011 was 3,456 people. By 2016 the population was 3,583 showing a population growth of 3.7% in the area during that time. The predominant age group in Monbulk is 40-49 years. Households in Monbulk are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Monbulk work in a trades occupation. In 2011, 81.4% of the homes in Monbulk were owner-occupied compared with 79.4% in 2016.
Monbulk has 1,653 properties. Over the last 5 years, Houses in Monbulk have seen a 31.15% increase in median value, while Units have seen a 28.77% increase. As at 30 September 2024:
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