OFF MARKET

48 Mt Pleasant Road
Monbulk VIC 3793

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Land area: 973m2
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Last updated 11 Nov 2024
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Property Details for 48 Mt Pleasant Rd, Monbulk

48 Mt Pleasant Rd, Monbulk is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 973m2. While the property is not currently for sale or for rent, it was last sold in November 2022.

Building Type
House
Year Built
1960
Land Size
973m2
Local Government
Yarra Ranges
Lot/Plan
1/SP34769

Last Listing description (January 2023)

This outstanding property only 850m from Main Road amenities is an immense opportunity for astute investors. Ready for renovation or redevelopment (STCA) in prime position steps from St Paul's Primary School, this is the perfect place to put property plans into action.

Set well back on its block is this generously proportioned weatherboard residence with single carport and single garage/workshop. From the covered verandah the interior opens to a cosy living area that has potential to be converted to a 3rd bedroom. The central lounge boasts a high ceilings and a wood fire. At the rear of the residence, the large kitchen with expansive island and freestanding gas range provides plenty of space for gathering. With 2 ample bedrooms with wallpaper accents, a bathroom with spa tub, and a family-size laundry, this home could integrate updates with ease.

Alternatively, this generous 972sqm (approx.) allotment near schools, restaurants, shopping, and transport would be a brilliant location for a brand new build (STCA).

This property is simply bursting with potential making it a brilliant acquisition for any investment strategy. Only limited by imagination, this opportunity won't be available for long. Plan your viewing today.

- Immense opportunity to renovate or redevelop (STCA)
- 972sqm (approx.) allotment with single carport and single garage/workshop
- Classic weatherboard home with verandah entry and high ceilings
- Large kitchen with expansive island and freestanding gas cooker
- Lounge with high ceilings and warm wood fire
- Peaceful neighbourhood surrounds steps from endless amenities

Property History for 48 Mt Pleasant Rd, Monbulk, VIC 3793

A timeline of how this property has performed in the market
Last Sold
$640,000
19 Nov 2022
Listed for Rent
$360/w
04 Jun 2020
  • 11 Jan 2023
    Listed for Sale Reserve Set $640,000
  • 19 Nov 2022
    Sold for $640,000
  • 27 Oct 2022
    Listed for Sale Reserve Set $640,000
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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 1,655 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.
There are currently 12 properties listed for sale, and 2 properties listed for rent in Monbulk on OnTheHouse. According to CoreLogic's data, 46 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.