OFF MARKET

2/506 South Road
Moorabbin VIC 3189

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 76m2
Land area: 329m2
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Property Details for 2/506 South Rd, Moorabbin

2/506 South Rd, Moorabbin is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1950. The property has a land size of 329m2 and floor size of 76m2. While the property is not currently for sale or for rent, it was last sold in February 1989.

Building Type
Unit
Year Built
1950
Floor Size
76m2
Land Size
329m2
Local Government
Kingston
Lot/Plan
2/SP30645

Last Listing description (November 2022)

BOOK AN INSPECTION TODAY, IT MAY BE GONE TOMORROW - PHOTO ID REQUIRED AT INSPECTIONS!

AS PER GOVERNMENT REGULATIONS, ANYONE ATTENDING A PUBLIC OPEN HOME INSPECTION MUST CHECK-IN VIA QR CODE PROVIDED ON SITE.

This spacious rear unit of only two on the block has so much to offer and more! Comprising;

- Two spacious bedrooms
- Large open plan living
- Generous lounge and dining areas
- Convenient kitchen with gas hot plates with electric wall oven
- Full bathroom with direct access from the main bedroom
- Ducted heating & Cooling System
- Single garage with space for another vehicle in the driveway

Moorabbin: Moorabbin is a family friendly suburb and is only 15 kilometers south-east of Melbourne's CBD. With popular schools and secondary education nearby, there is nothing your family would be missing out on. Extra curricular activities can be held at venues like the Moorabbin oval which the kids are sure to enjoy. Be sure to inspect this property asap as you don't want to miss out on this one.

PHOTO ID REQUIRED AT ALL OPEN HOMES. BOND $1565

Property History for 2/506 South Rd, Moorabbin, VIC 3189

A timeline of how this property has performed in the market
Last Sold
$132,000
01 Feb 1989
Listed for Rent
25 Nov 2022
  • 16 Nov 2022
    Listed for Rent $360 / week
  • 18 Jan 2022
    Listed for Rent - Price not available
  • 09 Sep 2016
    Listed for Rent - Price not available
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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 17 properties listed for rent in Moorabbin on OnTheHouse. According to CoreLogic's data, 205 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.