1 Salisbury StreetMoonee Ponds VIC 3039
Property Details for 1 Salisbury St, Moonee Ponds
1 Salisbury St, Moonee Ponds is a 0 bedroom, 0 bathroom Unit with 8 parking spaces. The property has a land size of 755m2. While the property is not currently for sale or for rent, it was last sold in December 2016.
Last Listing description (November 2020)
*** This property is available for inspection by appointment - Please contact us to arrange a suitable time ***
An incredibly rare offering in a prized inner-urban neighbourhood, this eight-unit complex presents a truly outstanding investment opportunity - all with terrific renovation potential, rewarding rental returns (approx $131K per annum) and the option to resell individually by converting to separate strata titles. Set on a substantial allotment (approx 694sqm), each tenanted apartment shares a similar floorplan comprising two large bedrooms (both with built-in robes), central bathroom, lounge/meals area and adjoining kitchen, plus the added appeal of eight off-street parking spaces. Fanny Reserve and Moonee Ponds Creek Trail at the end of the street, it's also close to local cafes, Queens Park and Pascoe Vale Road trams, as well as easy access to Puckle Street's vibrant shopping precinct and the area's renowned schools. A perfect choice for blue-chip investors, keen renovators and self-funded retirees alike!
*** COVID-19 Announcement ***
Property History for 1 Salisbury St, Moonee Ponds, VIC 3039
- 09 Nov 2020Listed for Sale Private Sale $2,875,000
- 20 Oct 2020Listed for Sale Private Sale $2,875,000
- 31 Aug 2020Listed for Sale Private Sale $2,875,000
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0About 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 10,489 properties. Over the last 5 years, Houses in Moonee Ponds have seen a 30.61% increase in median value, while Units have seen a 9.41% increase. As at 31 July 2024:
- The median value for Houses in Moonee Ponds is $1,522,944 while the median value for Units is $597,749.
- Houses have a median rent of $650 while Units have a median rent of $525.
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