59 Melrose St, Mont Albert North is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 811m2 and floor size of 150m2. While the property is not currently for sale or for rent, it was last sold in October 2007.
Profound Potential, Prize Position
The generous allotment (approximately 815 SQUARE METRES) on which this home stands makes this an exciting opportunity for developers (subject to council approval). The magnificent position puts a bus stop at the doorstep, is within walking distance of Box Hill and Koonung secondary schools, Mont Albert Primary, Box Hill Central plus the TAFE, and offers easy access to the freeway. And if development isnt on your agenda the original residence gives you plenty to work with as a renovator: 3 decent-sized bedrooms, a very generous fireside lounge/dining room, casual meals area beside the kitchen, an undercover outdoor entertaining area, as well as a large backyard, ducted heating and accommodation for up to 2 cars.
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 2,701 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:
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