OFF MARKET

3/40 Para Road
Montmorency VIC 3094

Bedrooms: 1
Bathrooms: 1
Car spaces: 2
Floor area: 90m2
Land area: 179m2
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Property Details for 3/40 Para Rd, Montmorency

3/40 Para Rd, Montmorency is a 1 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1990. The property has a land size of 179m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in September 2021.

Building Type
Unit
Year Built
1990
Floor Size
90m2
Land Size
179m2
Local Government
Banyule
Lot/Plan
3/SP25659

Last Listing description (September 2021)

Indulge in a laidback lifestyle of spacious indoor and outdoor living and entertainment options and relish the convenience that this renovated two-bedroom home has to offer! Along with being within an easy walk to the parks along Plenty River, the Lower Plenty Village and the station and cosmopolitan vibe of Were Street, it has the bus stopping out the front to take you to all points! The main bedroom enjoys the ease of direct access to the sleek, contemporary bathroom while the large lounge, bathed in northern light, flows through to the meals. Anchored by a kitchen featuring quality stainless steel appliances and plenty of bench and storage space, it seamlessly extends to a decked alfresco in the private rear yard.

~ Ducted heating. Split system unit

~ Main bedroom opening directly to the designer detailed bathroom
~ Contemporary kitchen, stainless steel appliances
~ Decked undercover outdoor area
~ Larger than expected, easy care rear yard
~ Garage with auto door. Extra parking
~ Laundry with storage

Property History for 3/40 Para Rd, Montmorency, VIC 3094

A timeline of how this property has performed in the market
Last Sold
$690,000
03 Sep 2021
Listed for Rent
$380/w
11 Jul 2018
  • 03 Sep 2021
    Sold for $690,000
  • 06 Aug 2021
    Listed for Sale $715,000
  • 28 Jun 2018
    Listed for Rent - Price not available
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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.

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.