OFF MARKET

4/516 South Road
Moorabbin VIC 3189

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Land area: 879m2
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Last updated 11 Nov 2024
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Property Details for 4/516 South Rd, Moorabbin

4/516 South Rd, Moorabbin is a 2 bedroom, 1 bathroom Unit and was built in 1970. The property has a land size of 879m2.

Building Type
Unit
Year Built
1970
Land Size
879m2
Local Government
Kingston

Last Listing description (May 2024)

One of 6 in the block and in a prime location! Stone's throw away from Holmesglen - Moorabbin campus, shopping strips and public transport.
As you step into the apartment, you will be pleasantly surprised at the large space provided in this cozy apartment. Features include:
- Large loungeroom area

- Open kitchen with ample space and storage
- large bedrooms with built-in robes.
- large bathroom with bathtub
- Open car space
- Communal laundry area

The apartment has just had a facelift, is freshly painted throughout, new blinds and updated kitchen!

Property History for 4/516 South Rd, Moorabbin, VIC 3189

A timeline of how this property has performed in the market
Listed for Rent
$295/w
24 Jan 2022
  • 03 May 2024
    Listed for Rent $525 / week
  • 09 Nov 2021
    Listed for Rent - Price not available
  • 21 Jun 2017
    Listed for Rent $300 / week
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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.