OFF MARKET

383 Mont Albert Road
Mont Albert VIC 3127

Bedrooms: 7
Bathrooms: 3
Car spaces: 3
Floor area: 92m2
Land area: 1820m2
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Property Details for 383 Mont Albert Rd, Mont Albert

383 Mont Albert Rd, Mont Albert is a 7 bedroom, 3 bathroom House with 3 parking spaces and was built in 1930. The property has a land size of 1820m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in May 2018.

Building Type
House
Year Built
1930
Floor Size
92m2
Land Size
1820m2
Local Government
Whitehorse
Lot/Plan
1/PS411589

Last Listing description (August 2024)

Developers, this is a once-in-a-lifetime opportunity. A property spread across three blocks totalling 1820 sq m approx. and on a corner with a massive 42.67 metre frontage alongside the stunning tree-lined streetscape of Mont Albert Road, get ready to construct a hugely profitable development (STCA).

On the edge of pretty Hamilton Street Village and just steps from Mont Albert train station, this blue-ribbon locale is close to every desirable amenity. Stroll to Our Holy Redeemer Primary School, Surrey Hills Primary School, Union Road Village, Box Hill Central, hospitals, TAFE and the 109 tram bound for Balwyn and Kew's private schools.

While organising plans and permits, the three existing homes can be leased out for convenient cashflow. Currently two are tenanted and one is being advertised for lease.

* Three blocks totalling 1820 sq m approx.
* On the corner of Stanhope Street with a 42.67 metre frontage along Mont Albert Road
* A once-in-a-lifetime development opportunity (STCA)
* Neighbourhood Residential Zone - Schedule 5
* Currently the site of three comfortable, tenantable homes
* On the edge of Hamilton Street Village and seconds from the train station
* Stroll to primary schools, Union Road Village, Box Hill Central and the 109 tram

Terms: 10% deposit, balance 30/60/90 days

Disclaimer: We have in preparing this document used our best endeavours to ensure that the information contained in this document is true and accurate but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements in this document. Prospective purchasers should make their own enquiries to verify the information contained in this document. Purchasers should make their own enquires and refer to the due diligence check-list provided by Consumer Affairs. Click on the link for a copy of the due diligence check-list from Consumer Affairs.
http://www.consumer.vic.gov.au/duediligencechecklist

Property History for 383 Mont Albert Rd, Mont Albert, VIC 3127

A timeline of how this property has performed in the market
Last Sold
$2,800,000
15 May 2018
Listed for Rent
$410/w
19 Dec 2022
  • 02 Feb 2024
    Listed for Sale Contact Agent
  • 06 Apr 2023
    Listed for Sale Contact Agent
  • 08 Mar 2023
    Listed for Rent - Price not available
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About Mont Albert 3127

The size of Mont Albert is approximately 1.7 square kilometres. It has 5 parks covering nearly 2.4% of total area. The population of Mont Albert in 2011 was 4,954 people. By 2016 the population was 4,854 showing a population decline of 2.0% in the area during that time. The predominant age group in Mont Albert is 40-49 years. Households in Mont Albert are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Mont Albert work in a professional occupation. In 2011, 71.4% of the homes in Mont Albert were owner-occupied compared with 70% in 2016.

Mont Albert has 2,801 properties. Over the last 5 years, Houses in Mont Albert have seen a 8.51% increase in median value, while Units have seen a 4.46% increase. As at 30 November 2024:

  • The median value for Houses in Mont Albert is $2,244,986 while the median value for Units is $818,173.
  • Houses have a median rent of $850 while Units have a median rent of $580.
There are currently 4 properties listed for sale, and 2 properties listed for rent in Mont albert on OnTheHouse. According to CoreLogic's data, 123 properties were sold in the past 12 months in Mont albert.

Suburb Insights for Mont Albert 3127

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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.