SOLD
Sold on 03 May 2024 for $200,000

122 Para Road
Montmorency VIC 3094

Bedrooms: -
Bathrooms: -
Car spaces: 2
Land area: 741m2
Save

Property Details for 122 Para Rd, Montmorency

Building Type
Commercial
Land Size
741m2
Local Government
Banyule
Lot/Plan
1/RP16114

Last Listing description (May 2021)

Start to build your investment portfolio with this office suite already tenanted to good established tenant. The smaller office is approximately 31 sm in size with an accessory unit of 12sm [storage] and returns $643.85 per month plus outgoings.Leased for 4 by 12 month terms,commenced July 2018. It also includes two car spots. Zoning is; NRZ 3,[Neighborhood Residential Zone-Schedule 3].
Call Lars anytime on 0400204636 or 94607422 for further information.

Property History for 122 Para Rd, Montmorency, VIC 3094

A timeline of how this property has performed in the market
Last Sold
$200,000
03 May 2024
Listed for Rent
$144/w
29 Jun 2017
  • 03 May 2024
    Sold for $200,000
  • 12 Jul 2023
    Sold for $245,000
  • 27 Aug 2019
    Listed for Sale Price Revised
Sign in to see more transactions

Commute Calculator

About Montmorency 3094

The size of Montmorency is approximately 3.8 square kilometres. It has 18 parks covering nearly 7.1% of total area. The population of Montmorency in 2011 was 8,758 people. By 2016 the population was 8,939 showing a population growth of 2.1% in the area during that time. The predominant age group in Montmorency is 40-49 years. Households in Montmorency are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Montmorency work in a professional occupation. In 2011, 80.1% of the homes in Montmorency were owner-occupied compared with 80.2% in 2016.

Montmorency has 4,450 properties. Over the last 5 years, Houses in Montmorency have seen a 26.46% increase in median value, while Units have seen a 20.17% increase. As at 31 October 2024:

  • The median value for Houses in Montmorency is $1,129,401 while the median value for Units is $798,534.
  • Houses have a median rent of $650 while Units have a median rent of $543.
There are currently 25 properties listed for sale, and 2 properties listed for rent in Montmorency on OnTheHouse. According to CoreLogic's data, 159 properties were sold in the past 12 months in Montmorency.

Suburb Insights for Montmorency 3094

Market Insights
Montmorency Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Montmorency Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.