OFF MARKET

27 Wilson Avenue
Montmorency VIC 3094

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 78m2
Land area: 1123m2
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Last updated 11 Nov 2024
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Property Details for 27 Wilson Ave, Montmorency

27 Wilson Ave, Montmorency is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1952. The property has a land size of 1123m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in February 2021.

Building Type
House
Year Built
1952
Floor Size
78m2
Land Size
1123m2
Local Government
Banyule
Lot/Plan
14/LP7790

Last Listing description (November 2024)

This classic Montmorency residence set on a massive 1123m2 approx is bound to catch the eye of savvy investors, renovators and developers alike. It presents an outstanding opportunity for transformation right in the heart of Montmorency where every effort will reap handsome rewards. The large near-level allotment presents plenty of room to subdivide or develop into a multi-dwelling complex (STCA), with a vintage weatherboard residence ripe for renovation comprising 2 bedrooms, bathroom, inviting lounge room and classic kitchen/meals with views across the garden and tall neighbouring eucalypts. A matter of metres from Were Street shops and train station, this is the ultimate central Montmorency opportunity.

Features:

Approved Plans & Permits 4 Dwellings
1123m2 approx in the heart of Montmorency
Huge potential for investors, renovators and developers (STCA)
Classic 2-bedroom home plus several outbuildings
Large near-level garden
Meters from Were Street and train station

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Property History for 27 Wilson Ave, Montmorency, VIC 3094

A timeline of how this property has performed in the market
Last Sold
$1,570,000
20 Feb 2021
  • 30 Jul 2024
    Listed for Sale $1,550,000 - $1,650,000
  • 24 Oct 2023
    Listed for Sale $1,550,000 - $1,650,000
  • 20 Feb 2021
    Sold for $1,570,000
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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 4,491 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 18 properties listed for sale, and 2 properties listed for rent in Montmorency on OnTheHouse. According to CoreLogic's data, 168 properties were sold in the past 12 months in Montmorency.

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