OFF MARKET

479 Monbulk Road
Monbulk VIC 3793

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Floor area: 121m2
Land area: 1504m2
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Property Details for 479 Monbulk Rd, Monbulk

479 Monbulk Rd, Monbulk is a 3 bedroom, 1 bathroom House with 3 parking spaces and was built in 1950. The property has a land size of 1504m2 and floor size of 121m2. While the property is not currently for sale or for rent, it was last sold in April 2023.

Building Type
House
Year Built
1950
Floor Size
121m2
Land Size
1504m2
Local Government
Yarra Ranges
Lot/Plan
2/LP9482

Last Listing description (June 2023)

This enviable property is essentially a blank canvas ready to realise its full potential. Awaiting new owners to write its next chapter, whether you choose to rent, reside, renovate, or redevelop (STCA) this classic home is a prized acquisition.

This single-level brick dwelling sits well back on a peaceful and picturesque 1,503sqm (approx.) property with gated access and triple carport. Inside, offers a family-focused floorplan that could integrate updates effortlessly. The generous lounge boasts corner floor to ceiling windows and a wood burning heater with brick surround. The bright kitchen is adorned with a gas range and is situated to capture garden views. With 3 spacious bedrooms, a charming mid-century bathroom with baby blue bathtub, and abundant storage, this home has plenty of promise for those with a little vision.

Securing top spot on the small service lane steps from bus transport, local schools, and Monbulk township's cafes and shopping, this property has all the ingredients of a stellar investment. Guaranteed to garner significant interest, prompt inspection is advised.


Generous 1,503sqm (approx.) gated property with peaceful service road access, sprawling gardens, and triple carport
Outstanding investment opportunity to rent, reside in, renovate, or redevelop (STCA)
Original brick residence with plenty of promise and potential to extend (STCA)
Large lounge with floor to ceiling windows and wood burning heater
Classic kitchen with gas range situated for garden views
3 spacious bedrooms and a vintage baby blue bathroom
Abundant storage and ample laundry

Property History for 479 Monbulk Rd, Monbulk, VIC 3793

A timeline of how this property has performed in the market
Last Sold
$708,000
28 Apr 2023
  • 28 Apr 2023
    Sold for $708,000
  • 16 Mar 2023
    Listed for Sale $650,000 - $700,000
  • 30 Mar 2012
    Transferred
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About 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 31.15% increase in median value, while Units have seen a 28.77% increase. As at 30 September 2024:

  • The median value for Houses in Monbulk is $895,113 while the median value for Units is $654,984.
  • Houses have a median rent of $650 while Units have a median rent of $5,280.
There are currently 10 properties listed for sale, and 1 property listed for rent in Monbulk on OnTheHouse. According to CoreLogic's data, 45 properties were sold in the past 12 months in Monbulk.

Suburb Insights for Monbulk 3793

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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.