SOLD
Sold on 22 Dec 2023 for $702,000

16 Margaret Street
Moonee Ponds VIC 3039

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 108m2
Land area: 94m2
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Property Details for 16 Margaret St, Moonee Ponds

Building Type
Commercial
Floor Size
108m2
Land Size
94m2
Local Government
Moonee Valley
Lot/Plan
1/TP371727

Last Listing description (March 2023)

Large 103sqm retail shop
Best spot on Margaret St

Rendina Real Estate is pleased to offer this retail premises that is ideal for so many uses.

The property has a total building area of 103sqm approx. and provides a blanc canvas to create your own masterpiece in Moonee Ponds' hottest hospitality/retail precinct.

This is an opportunity too good to pass up in this thriving location.

Key Features:
* Opposite Moonee Ponds train station
* Prominent Exposure to Passing Traffic
* Large public carpark located at the back of the property.
* Size 103sqm approx..

Property History for 16 Margaret St, Moonee Ponds, VIC 3039

A timeline of how this property has performed in the market
Last Sold
$702,000
22 Dec 2023
Listed for Rent
$862/w
22 Mar 2023
  • 22 Dec 2023
    Sold for $702,000
  • 10 Dec 2021
    Listed for Rent - Price not available
  • 02 Jul 1992
    Sold for $130,000
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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 10,479 properties. Over the last 5 years, Houses in Moonee Ponds have seen a 18.31% increase in median value, while Units have seen a 5.48% increase. As at 31 October 2024:

  • The median value for Houses in Moonee Ponds is $1,544,065 while the median value for Units is $594,680.
  • Houses have a median rent of $680 while Units have a median rent of $540.
There are currently 31 properties listed for sale, and 22 properties listed for rent in Moonee ponds on OnTheHouse. According to CoreLogic's data, 442 properties were sold in the past 12 months in Moonee ponds.

Suburb Insights for Moonee Ponds 3039

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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.