SOLD
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Sold on 28 Nov 2024 for $682,000

5/60 Para Road
Montmorency VIC 3094

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 79m2
Land area: 256m2
Sold By
Jellis Craig Eltham
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Property Details for 5/60 Para Rd, Montmorency

5/60 Para Rd, Montmorency is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1986. The property has a land size of 256m2 and floor size of 79m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 2 bedroom Unit sold in Montmorency in the last 12 months.

Building Type
Unit
Year Built
1986
Floor Size
79m2
Land Size
256m2
Local Government
Banyule
Lot/Plan
5/RP19683

Last Listing description (December 2024)

EXPRESSIONS OF INTEREST CLOSING TUESDAY 10TH DECEMBER AT 6PM (UNLESS SOLD PRIOR)

Nestled at the rear of a boutique complex, this tastefully updated 2-bedroom unit offers a low-maintenance lifestyle ideal for first-home buyers, downsizers, or astute investors. Located on a private 256sqm and surrounded by attractive native gardens the home features a light-filled open plan living zone with updated kitchen and meals area, two large robed bedrooms, and a bright central bathroom.

Additional highlights include a spacious private decked courtyard, roller blinds, floating floors, dishwasher, split system heating/cooling, a secure single carport with remote roller door, extra off-street parking and plenty of under house storage.

The property's convenient location places it between Were Street and Lower Plenty shopping precincts, with public transport, schools, parks, and the Plenty River Trail just a short stroll away. There is easy access to primary and secondary schools, the charming Were Street cafes, as well as swift access to bus and train stations, not to mention the allure of nearby parklands.

This residence offers both privacy and convenience in a sought-after Montmorency pocket.

Property History for 5/60 Para Rd, Montmorency, VIC 3094

A timeline of how this property has performed in the market
Last Sold
$682,000
28 Nov 2024
Listed for Rent
$420/w
28 Apr 2023
  • 28 Nov 2024
    Sold for $682,000
  • 15 Nov 2024
    Listed for Sale $640,000 - $690,000
  • 14 Apr 2023
    Listed for Rent $420 / 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 4,510 properties. Over the last 5 years, Houses in Montmorency have seen a 26.03% increase in median value, while Units have seen a 19.95% increase. As at 30 November 2024:

  • The median value for Houses in Montmorency is $1,119,584 while the median value for Units is $823,395.
  • Houses have a median rent of $650 while Units have a median rent of $550.
There are currently 18 properties listed for sale, and 3 properties listed for rent in Montmorency on OnTheHouse. According to CoreLogic's data, 169 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.