SOLD
Sold on 24 May 2024 for $560,000

505/11 Central Avenue
Moorabbin VIC 3189

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 80m2
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Property Details for 505/11 Central Ave, Moorabbin

505/11 Central Ave, Moorabbin is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2016. The property has a floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Unit sold in Moorabbin in the last 12 months.

Building Type
Unit
Year Built
2016
Floor Size
80m2
Local Government
Kingston
Lot/Plan
505/PS725884

Last Listing description (May 2018)

Completed just over 18 months ago, this light and bright two bedroom, two bathroom apartment is designed to capture north sun with walls of full height glass and a spacious floor plan.
Opening into a fabulous kitchen, complete with stone bench tops, stainless steel Ilve appliances, an integrated dishwasher, excess bench space & a dedicated dining area, it's easily big enough to take a setting for six that flows seamlessly to a large living area and dining sized north facing balcony.
Also offering mirrored built-in-robes in both bedrooms, two fully tiled bathrooms (master bedroom with ensuite), reverse-cycle air-conditioned in each bedroom and living area, European laundry, secure parking and video-intercom-entry, this apartment is styled to a superior standard with natural light throughout.

Take full advantage of the revitalised Moorabbin shopping precinct or jump on the train and be in the heart of Melbourne in 30 minutes!

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Property History for 505/11 Central Ave, Moorabbin, VIC 3189

A timeline of how this property has performed in the market
Last Sold
$560,000
24 May 2024
  • 24 May 2024
    Sold for $560,000
  • 12 May 2018
    Sold for $527,500
  • 18 Apr 2018
    Listed for Sale SOLD! Outstanding Result!

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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 5,483 properties. Over the last 5 years, Houses in Moorabbin have seen a 25.72% increase in median value, while Units have seen a 14.29% increase. As at 30 September 2024:

  • The median value for Houses in Moorabbin is $1,282,461 while the median value for Units is $734,560.
  • Houses have a median rent of $665 while Units have a median rent of $563.
There are currently 16 properties listed for sale, and 15 properties listed for rent in Moorabbin on OnTheHouse. According to CoreLogic's data, 219 properties were sold in the past 12 months in Moorabbin.

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