OFF MARKET

32 Reichelt Avenue
Montmorency VIC 3094

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Floor area: 233m2
Land area: 687m2
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Property Details for 32 Reichelt Ave, Montmorency

32 Reichelt Ave, Montmorency is a 4 bedroom, 3 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 687m2 and floor size of 233m2. While the property is not currently for sale or for rent, it was last sold in February 2011.

Building Type
House
Year Built
1960
Floor Size
233m2
Land Size
687m2
Local Government
Banyule
Lot/Plan
472/LP13612

Last Listing description (April 2011)

Bulldoze, Develop (STCA) or Restore
Sale by Negotiation
Set in a secure court position, and boasting elevated views across the valley, is this three bedroom plus study home offering loads of potential for the astute buyer. Make no mistake there is work to be done to the existing property. You might choose to repair and renovate or you might bulldoze

and start again. Once the land is cleared you could build your new dream home or two townhouses (STCA). There is a another two-unit development closeby.
The 700m2 (approx) allotment slopes to the rear.
Don't miss out - this is land value!
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Property History for 32 Reichelt Ave, Montmorency, VIC 3094

A timeline of how this property has performed in the market
Last Sold
$455,500
23 Feb 2011
  • 23 Feb 2011
    Sold for $455,500
  • 30 Jan 2011
    Listed for Sale ESR: $430,000 - $475,000
  • 30 Jun 1982
    Sold for $49,000

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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 4,450 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.

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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.