SOLD
Sold on 08 May 2024 for $425,000

1/40 Young Street
Moonee Ponds VIC 3039

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 114m2
Land area: 1980m2
Sold By
Belle Property Ascot Vale
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Property Details for 1/40 Young St, Moonee Ponds

1/40 Young St, Moonee Ponds is a 1 bedroom, 1 bathroom Unit and was built in 2006. The property has a land size of 1980m2 and floor size of 114m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 1 bedroom Unit sold in Moonee Ponds in the last 12 months.

Building Type
Unit
Year Built
2006
Floor Size
114m2
Land Size
1980m2
Local Government
Moonee Valley
Lot/Plan
1A/PS602025

Last Listing description (June 2024)

Come and see this sleek and stylish apartment perfectly positioned to enjoy all the vibrancy of Moonee Ponds and just a stone's throw away from the hive of activities on Puckle Street. Nestled within a boutique block, enjoy a low-maintenance lifestyle, or capitalise on a premium investment opportunity with strong rental return potential.

Entertaining is a breeze with a private, light-filled balcony, a quality chef's kitchen with high-end appliances, and a split system A/C. Further features include a built-in robe in the master bedroom, secure car space with a storage cage, and an intercom. Within walking distance lies a multitude of trams and buses as well as the Moonee Ponds train station. Simply stroll down the end of the street to catch the latest blockbuster at the Palace Cinemas Penny Lane or indulge at the delicious Brunetti Classico and several other surrounding restaurants and cafes. Truly a premium piece of real estate within a highly sought-after locale. Do not miss out.

Property History for 1/40 Young St, Moonee Ponds, VIC 3039

A timeline of how this property has performed in the market
Last Sold
$425,000
08 May 2024
Listed for Rent
$395/w
03 Jul 2020
  • 08 May 2024
    Sold for $425,000
  • 29 Feb 2024
    Listed for Sale $425,000
  • 19 Mar 2021
    Sold for $423,000
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About Moonee Ponds 3039

The size of Moonee Ponds is approximately 4.4 square kilometres. It has 20 parks covering nearly 17% of total area. The population of Moonee Ponds in 2011 was 13,531 people. By 2016 the population was 14,256 showing a population growth of 5.4% in the area during that time. The predominant age group in Moonee Ponds is 30-39 years. Households in Moonee Ponds are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Moonee Ponds work in a professional occupation. In 2011, 64.5% of the homes in Moonee Ponds were owner-occupied compared with 60.3% in 2016.

Moonee Ponds has 10,491 properties. Over the last 5 years, Houses in Moonee Ponds have seen a 34.55% increase in median value, while Units have seen a 6.67% increase. As at 31 August 2024:

  • The median value for Houses in Moonee Ponds is $1,556,935 while the median value for Units is $579,035.
  • Houses have a median rent of $650 while Units have a median rent of $525.
There are currently 25 properties listed for sale, and 19 properties listed for rent in Moonee ponds on OnTheHouse. According to CoreLogic's data, 449 properties were sold in the past 12 months in Moonee ponds.

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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.