4/40 Para RoadMontmorency VIC 3094
Property Details for 4/40 Para Rd, Montmorency
4/40 Para Rd, Montmorency is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 281m2 and floor size of 81m2. While the property is not currently for sale or for rent, it was last sold in March 2023.
Last Listing description (March 2023)
Secure splendid comfort and a superb location at this tidy brick unit in heart of Montmorency. Central to endless amenities including Lower Plenty Shopping Centre, Montmorency Shopping Centre, bus transport, and Montmorency Station, this property is the perfect acquisition in any phase of life.
This single-level brick dwelling centres around open plan living for an enriched sense of space. Floor to ceiling windows and split system heating/cooling adorn the generous lounge. The meals area and kitchen with freestanding cooker lead to the fenced, low-maintenance landscape for indoor-outdoor living with ease.
Finalising the floorplan are 2 well-proportioned bedrooms with ample storage, a meticulous, original bathroom with soaker tub and separate WC, spacious laundry, and single lock-up garage for convenience.
Whether you're starting out, scaling down, or supplementing your property portfolio, this inviting home is an idyllic investment. Plan your inspection today.
Property History for 4/40 Para Rd, Montmorency, VIC 3094
- 11 Mar 2023Sold for $610,000
- 13 Dec 2022Listed for Sale $600,000 - $650,000
- 11 Dec 2017Listed for Rent $340 / week
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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 4,459 properties. Over the last 5 years, Houses in Montmorency have seen a 31.20% increase in median value, while Units have seen a 25.92% increase. As at 31 August 2024:
- The median value for Houses in Montmorency is $1,140,916 while the median value for Units is $812,969.
- Houses have a median rent of $650 while Units have a median rent of $545.
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