207 Olinda-Monbulk RoadMonbulk VIC 3793
Property Details for 207 Olinda-Monbulk Rd, Monbulk
207 Olinda-Monbulk Rd, Monbulk is a 0 bedroom, 0 bathroom House and was built in 1980. The property has a land size of 1067m2 and floor size of 160m2. While the property is not currently for sale or for rent, it was last sold in March 2022.
Last Listing description (March 2024)
No... you are not seeing things, no, there are no hidden issues, this is simply a cracker of an opportunity to secure a rare 'diamond in the rough'. If you are not scared of a little hard work and prepared to invest in this prime location, the potential rewards are extremely positive and cannot overlooked!
Situated in Monbulk which has had one of the best recoveries from the market downturn since May 2019, this substantial allotment of 1,067m2 has a solid, split level 3-bedroom, 2-bathroom, multi-living area residence on it which currently is not in habitable condition.
After a retaining wall gave way approx. 3 years ago, this property has not been lived in, it is to be sold in strictly 'as is' condition.
Note: Internal inspections is strictly by the advertised open for inspection and if you wish to find out more information including a current market analysis on the property and surrounding sales, Land information, recent quotes, more internal photos and video please contact the agent via email and it will be sent to you automatically.
Just to highlight how good this location is, below is just a few of the local attractions.
Monbulk Primary School 2.3km 4min drive
Monbulk Bowling Club 2.4km 4min drive
Saint Paul?s Primary School 3.4km 5min drive
Monbulk College 4.3km 6min drive
Monbulk Aquatic Centre 2.6km 3min drive
Olympic Picnic Ground 2.6km 3min drive
Monbulk Winery 5.8km 7min drive
Kallista Primary School 3.2km 6 min drive
Property History for 207 Olinda-Monbulk Rd, Monbulk, VIC 3793
- 01 Mar 2024Listed for Sale Not Disclosed
- 18 Mar 2022Sold for $880,000
- 10 Mar 2022Listed for Sale UNDER CONTRACT $750,000 - $825,000
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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 1,653 properties. Over the last 5 years, Houses in Monbulk have seen a 33.76% increase in median value, while Units have seen a 26.55% increase. As at 31 August 2024:
- The median value for Houses in Monbulk is $873,179 while the median value for Units is $634,618.
- Houses have a median rent of $670 while Units have a median rent of $5,280.
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