OFF MARKET

3/4 Binns Street
Montmorency VIC 3094

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Property Details for 3/4 Binns St, Montmorency

3/4 Binns St, Montmorency is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2013. While the property is not currently for sale or for rent, it was last sold in September 2021.

Building Type
Unit
Year Built
2013
Local Government
Banyule
Lot/Plan
3/PS708652

Last Listing description (July 2023)

EXPRESSIONS OF INTEREST all offers close Monday 10 July at 5pm (unless sold prior)

Discover a vibrant living experience in a sought-after locale where convenience meets modern elegance. This spacious one-bedroom apartment is an excellent choice for both first-time buyers, savvy investors, or downsizers alike.

Situated in the heart of Were Street, with its array of shops, cafes, and Montmorency Station just steps away, this bright and contemporary residence is perfectly positioned to satisfy your desires. Expansive glass doors enhance the open plan living area, flooding it with natural light and creating a seamless connection to the outdoors. Relax and entertain on your own private full-width balcony. The sleek Stone/Smeg-appointed kitchen exudes elegance with its soft neutral tones, offering a perfect blend of style and functionality.

The apartment boasts modern amenities such as lift access, heating/cooling, secure entry, basement car space, and additional storage cage providing ample room for your belongings.

Based on the current strength in the market and taking comparable rentals into consideration, we believe a realistic rental value would be in the vicinity of $365 - $375 p/w (approx.)

Please note this is an estimate conducted at the time of listing the property. Rental returns may fluctuate due to market conditions.

Property History for 3/4 Binns St, Montmorency, VIC 3094

A timeline of how this property has performed in the market
Last Sold
$455,000
30 Sep 2021
Listed for Rent
$380/w
12 Jul 2023
  • 11 Jul 2023
    Listed for Rent - Price not available
  • 10 Mar 2023
    Listed for Sale $435,000 -$455,000
  • 30 Sep 2021
    Sold for $455,000
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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 4,449 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

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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.