OFF MARKET

4 James Street
Montmorency VIC 3094

Bedrooms: 4
Bathrooms: 1
Car spaces: 1
Floor area: 87m2
Land area: 823m2
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Last updated 16 Sep 2024
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Property Details for 4 James St, Montmorency

4 James St, Montmorency is a 4 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 823m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in February 2019.

Building Type
House
Year Built
1960
Floor Size
87m2
Land Size
823m2
Local Government
Banyule
Lot/Plan
20/LP11403

Last Listing description (March 2019)

Relish the chance to dream big with this rare 824m2 block in a simply unbeatable location, only a 900m walk to Were St shopping, the heart of Montmorency.
The current single level home comprises 2 bedrooms, 1 bathroom, a large living room, kitchen/meals and laundry. A separate two bedroom studio completes the accommodation options and provides a great footprint for future improvement.
This home offers scope to renovate the existing home or knock down and construct a multi-unit development (STCA). With such a large allotment and unlimited potential for the future, you are onto a winner regardless of which option you choose.

Position perfect with only a short walk to both Montmorency and Montmorency South Primary School, Montmorency Train Station, multiple bus routes and the endless retail and dining experiences on offer at Were Street, this is an unmissable opportunity for the astute buyer.

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Property History for 4 James St, Montmorency, VIC 3094

A timeline of how this property has performed in the market
Last Sold
$767,500
16 Feb 2019
  • 16 Feb 2019
    Sold for $767,500
  • 15 Jan 2019
    Listed for Sale $750,000 - $810,000

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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 4,459 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.
There are currently 18 properties listed for sale, and no properties listed for rent in Montmorency on OnTheHouse. According to CoreLogic's data, 169 properties were sold in the past 12 months in Montmorency.

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