531 Monbulk Rd, Monbulk is a 3 bedroom, 2 bathroom House and was built in 1950. The property has a land size of 571m2 and floor size of 106m2. While the property is not currently for sale or for rent, it was last sold in March 2021.
This 1940's original hills cottage has been lovingly restored and renovated with no expense spared, from marble benchtops to custom benches made from reclaimed hardwood. A bay window frames the living space with another custom hardwood bench and floods the home with light throughout the afternoon with its north west aspect. The location of this property is also something to pay attention to, 100m from main street and easy access to the top end restaurants and takeaway and 5 minutes' walk to Aldi or Safeway. It is a property with an easy and low maintenance lifestyle waiting for its new owner. Features include:
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:
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