OFF MARKET

2/23 Alex Avenue
Moorabbin VIC 3189

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 164m2
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Property Details for 2/23 Alex Ave, Moorabbin

2/23 Alex Ave, Moorabbin is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2015. The property has a land size of 164m2. While the property is not currently for sale or for rent, it was last sold in May 1996.

Building Type
Unit
Year Built
2015
Land Size
164m2
Local Government
Kingston
Lot/Plan
16/RP14097

Last Listing description (July 2010)

AMAZING OPPORTUNITY
FREE HOLD AND 5 DAY BUSINESS TO BE SOLD AS ONE - GOING CONCERN * FULLY FITTED OUR SANDWICH BAR AND COMMERCIAL KITCHEN * PERMIT TO SEAT 16 * HIGH PROFILE EXPOSURE * PERFECT FOR OWNER OCCUPIER OR INVESTOR CENTRALLY LOCATED IN THE HEART OF MOORABBIN'S INDUSTRIAL PRECINCT, THIS SANDWICH BAR/DINER HAS BEEN OPERATING FOR OVER 17 YEARS BY THE ONE OWNER. TOGETHER WITH THE PREMISES (APPROXIMATELY 1730FT) THIS GOING CONCERN IS A TREMENDOUS OPPORTUNITY FOR BOTH ONGOING INCOME AND CAPITAL GROWTH.

Property History for 2/23 Alex Ave, Moorabbin, VIC 3189

A timeline of how this property has performed in the market
Last Sold
$95,000
28 May 1996
  • 17 Sep 2008
    Listed for Sale Not Disclosed
  • 23 Feb 2008
    Listed for Sale 495000 PLUS SAVING
  • 28 May 1996
    Sold for $95,000

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About Moorabbin 3189

The size of Moorabbin is approximately 4.6 square kilometres. It has 5 parks covering nearly 4.2% of total area. The population of Moorabbin in 2011 was 5,282 people. By 2016 the population was 5,897 showing a population growth of 11.6% in the area during that time. The predominant age group in Moorabbin is 30-39 years. Households in Moorabbin are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Moorabbin work in a professional occupation. In 2011, 74.3% of the homes in Moorabbin were owner-occupied compared with 68.8% in 2016.

Moorabbin has 5,527 properties. Over the last 5 years, Houses in Moorabbin have seen a 16.42% increase in median value, while Units have seen a 13.57% increase. As at 31 October 2024:

  • The median value for Houses in Moorabbin is $1,232,499 while the median value for Units is $751,861.
  • Houses have a median rent of $650 while Units have a median rent of $590.
There are currently 13 properties listed for sale, and 16 properties listed for rent in Moorabbin on OnTheHouse. According to CoreLogic's data, 207 properties were sold in the past 12 months in Moorabbin.

Suburb Insights for Moorabbin 3189

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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.