514 Monbulk RoadMonbulk VIC 3793
Property Details for 514 Monbulk Rd, Monbulk
514 Monbulk Rd, Monbulk is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 2056m2. While the property is not currently for sale or for rent, it was last sold in March 2021.
Last Listing description (June 2021)
1/2 acre blocks are difficult to come by, cleared ones are near impossible! This property is fully usable and utterly magnificent on sunny days!
Bathed in sunshine and incredibly flexible for whatever your dreams hold. The current home is a neat and solid 3 bedroom B/V home of the era along with a double garage.
You have the option to keep the house whilst you build your dream home (STCA) on the approx 1100 M2 OF CLEARED LAND IN THE BACKYARD or renovate and extend the current home (STCA) & build yourself a BIG SHED in the backyard! With frontage to Monbulk Road one could even consider bringing their business home and getting rid of that extra rent you pay on a factory!!! (STCA).
Being within walking distance to town and 2 Primary Schools you could walk your kids to school everyday, grab a coffee on the way and still be home in time to start work at 9am! Through COVID I think we all have had an insight into what is REALLY important to us. This property is offering you the opportunity to give your family that better quality of life.
The options are only limited by your imagination! Cleared, sunny, usable land is rare everywhere, no matter where you go. Do as professional property investors do, INVEST IN LAND!
With sewerage presently being installed throughout Monbulk (completion estimate 2022) and a Structure Plan completed for the town, who knows what the future could hold for this 2055 m2 property !!
Inspect this Saturday at our OFI (Inspections via OFI only)
Property History for 514 Monbulk Rd, Monbulk, VIC 3793
- 31 Mar 2021Sold for $712,000
- 17 Mar 2021Listed for Sale $650,000 to $700,000 range
- 16 Oct 2014Listed 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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