OFF MARKET

51 Melrose Street
Mont Albert North VIC 3129

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 122m2
Land area: 497m2
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Property Details for 51 Melrose St, Mont Albert North

51 Melrose St, Mont Albert North is a 3 bedroom, 1 bathroom House and was built in 1950. The property has a land size of 497m2 and floor size of 122m2. While the property is not currently for sale or for rent, it was last sold in October 2014.

Building Type
House
Year Built
1950
Floor Size
122m2
Land Size
497m2
Local Government
Whitehorse
Lot/Plan
1/PS536216

Last Listing description (October 2014)

A flexible set of future options awaits this older family home on a well-situated block, now poised on the brink of a new chapter. With bus, tram, train, Healthways gym and Box Hill Centro nearby, families will enjoy the proximity to Mont Albert and Hagenauer Reserves, kindergartens, Mont Albert Primary School, Koonung Secondary College, Box Hill Senior Secondary College and TAFE.

A perfect location for planning and building a luxurious new architecturally-designed family home, also explore an alternative potential for constructing 2 deluxe modern townhouses on this ideal corner allotment (STCA).

Occupy or rent out the property as-is whilst finalising future plans, or boost rental returns with a quick bathroom update. Featuring 3 double bedrooms, a comfortable lounge plus a bright meals area adjoining the roomy kitchen via a wide servery, large laundry/utility room, a huge covered rear terrace capturing northern sun, heating, cooling, and good storage.

Situated within easy reach of Westfield Doncaster and the Eastern Freeway, take this perfect opportunity to embark on a vision and savour rich rewards.

- Corner block with a range of redevelopment options (STCA)
- Attractive location with appeal for families of all ages
- Highly desirable north-facing rear
- Occupy or rent out whilst locking in plans
- Close to tram, train, bus, schools and Box Hill Centro
- Easy access to Westfield Doncaster and Eastern Freeway

Also visit the stand alone website at: www.51melrosestreetmontalbert.com

Terms: 10% deposit, balance 60 days

Land: 15.24m x 32.19m/32.38m - 492 sq m approx.

Property History for 51 Melrose St, Mont Albert North, VIC 3129

A timeline of how this property has performed in the market
Last Sold
$850,000
11 Oct 2014
  • 11 Oct 2014
    Sold for $850,000
  • 15 Sep 2014
    Listed for Sale Price on Application
  • 24 Apr 1999
    Listed for Sale Not Disclosed

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About Mont Albert North 3129

The size of Mont Albert North is approximately 2.1 square kilometres. It has 10 parks covering nearly 14.4% of total area. The population of Mont Albert North in 2011 was 5,086 people. By 2016 the population was 5,505 showing a population growth of 8.2% in the area during that time. The predominant age group in Mont Albert North is 40-49 years. Households in Mont Albert North are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Mont Albert North work in a professional occupation. In 2011, 80.3% of the homes in Mont Albert North were owner-occupied compared with 79% in 2016.

Mont Albert North has 2,702 properties. Over the last 5 years, Houses in Mont Albert North have seen a 8.86% increase in median value, while Units have seen a 14.25% increase. As at 31 October 2024:

  • The median value for Houses in Mont Albert North is $1,589,863 while the median value for Units is $1,056,556.
  • Houses have a median rent of $700 while Units have a median rent of $650.
There are currently 13 properties listed for sale, and 8 properties listed for rent in Mont albert north on OnTheHouse. According to CoreLogic's data, 118 properties were sold in the past 12 months in Mont albert north.

Suburb Insights for Mont Albert North 3129

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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.