OFF MARKET

259 Sheffield Road
Montrose VIC 3765

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 116m2
Land area: 33169m2
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Property Details for 259 Sheffield Rd, Montrose

259 Sheffield Rd, Montrose is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1970. The property has a land size of 33169m2 and floor size of 116m2. While the property is not currently for sale or for rent, it was last sold in October 2023.

Building Type
House
Year Built
1970
Floor Size
116m2
Land Size
33169m2
Local Government
Yarra Ranges
Lot/Plan
2/PS336538

Last Listing description (February 2023)

Don't miss this unique opportunity! Located in the highly sought-after Sheffield Rd precinct, this beautiful 8.4 acre parcel of land is looking for a new owner. The current family have owned the property for over 50 years and it's time to move on. Set amongst gorgeous surrounds, the original 3 bedroom home requires major renovating (STCA) and TLC. Overlooking paddocks towards the Bungalook Creek, there's plenty of space to update and improve the current dwelling (STCA). The well equipped garage and accommodation is ideal as a base while updating the main home. For the horse lover or those seeking a relaxed and peaceful lifestyle, the property is ideal. Away from the hustle and bustle, there is an abundance of scope to develop this property into a hidden haven. With an amazing outlook towards the Dandenongs and only a stone's throw from Billanook Primary School, this is a rare opportunity!

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Property History for 259 Sheffield Rd, Montrose, VIC 3765

A timeline of how this property has performed in the market
Last Sold
$749,999
13 Oct 2023
  • 13 Oct 2023
    Sold for $749,999
  • 24 Mar 2023
    Transferred
  • 24 Oct 2022
    Listed for Sale $1,700,000-$1,850,000
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About Montrose 3765

The size of Montrose is approximately 11.1 square kilometres. It has 15 parks covering nearly 26.7% of total area. The population of Montrose in 2011 was 6,732 people. By 2016 the population was 6,761 showing a population growth of 0.4% in the area during that time. The predominant age group in Montrose is 40-49 years. Households in Montrose are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Montrose work in a trades occupation. In 2011, 84.6% of the homes in Montrose were owner-occupied compared with 85.3% in 2016.

Montrose has 2,790 properties. Over the last 5 years, Houses in Montrose have seen a 27.99% increase in median value, while Units have seen a 14.55% increase. As at 30 November 2024:

  • The median value for Houses in Montrose is $952,872 while the median value for Units is $664,322.
  • Houses have a median rent of $640 while Units have a median rent of $445.
There are currently 6 properties listed for sale, and no properties listed for rent in Montrose on OnTheHouse. According to CoreLogic's data, 101 properties were sold in the past 12 months in Montrose.

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