206 Main RoadMonbulk VIC 3793
Property Details for 206 Main Rd, Monbulk
206 Main Rd, Monbulk is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 1100m2 and floor size of 105m2. While the property is not currently for sale or for rent, it was last sold in June 2022.
Last Listing description (November 2024)
Containing 2 dwellings returning just under $40,000 P.A and loads of potential for more, this property lends itself to a number of uses, including future subdivision (STCA) under the new Monbulk Housing strategy, soon to be adopted by council or even professional suites with 23m of main road exposure, including 2 crossovers to the main road and rear laneway access.
Already connected to Mains Sewerage the possibilities are endless.
The main dwelling is a nicely renovated 2 bedroom plus study home, with large kitchen then spacious lounge room and fully length sunroom / study space. Gas heating with split system air conditioning and double carport.
Currently 4 blocks on the 1 title, the future possibilities to re-develop are endless.
Couple this with an impressive income an a fantastic location easy walking distance to town and everything Monbulk has to offer.
Enquire today to diversify your property portfolio.
Property History for 206 Main Rd, Monbulk, VIC 3793
- 21 Oct 2024Listed for Sale $860,000 to $950,000
- 07 Jun 2022Sold for $930,000
- 11 Apr 2022Listed for Rent - Price not available
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0About Monbulk 3793
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 1,655 properties. Over the last 5 years, Houses in Monbulk have seen a 38.25% increase in median value, while Units have seen a 26.80% increase. As at 31 October 2024:
- The median value for Houses in Monbulk is $903,105 while the median value for Units is $649,050.
- Houses have a median rent of $670 while Units have a median rent of $5,280.
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