OFF MARKET

562 South Road
Moorabbin VIC 3189

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Land area: 596m2
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Property Details for 562 South Rd, Moorabbin

562 South Rd, Moorabbin is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 596m2. While the property is not currently for sale or for rent, it was last sold in April 2022.

Building Type
House
Year Built
1960
Land Size
596m2
Local Government
Kingston
Lot/Plan
1/LP41490

Last Listing description (August 2022)

On a private 593 sqm approx., this light filled 3 bedroom 2 bathroom cream brick classic has great bones, great land and great possibilities to be so much more.

As is, you can enjoy the warming sunshine and classic comfort inside, featuring a spacious north-west facing living room (gas heater), casual sun filled dining area, modern classic kitchen and a separate laundry, with a separate wing home to the 3 large bedrooms (BIRs), separate bathroom and fully tiled shower facilities and a dual access toilet. While outside enjoys an expansive rear garden with a shed and tandem garage with extensive garden access.

You could easily lease the home out with its ducted heating, evaporative cooling, security porch, new hot water system, external blinds and solar panels, while you decide the next step.

So what is the next step? Well, that's all up to you! You could renovate and extend, rebuild to create your own 'forever' family home or possibly redevelop (STCA).

Either way, it's a brilliant property to make your mark, now or in time, with the bus at your door, walk to Holmesglen College, trendy cafes and back street restaurants, St Catherine's Primary School, Southmoor Primary School, Bricker Reserve and handy Chesterville Road shops, while only minutes to Southland Shopping Centre and Waves Leisure Centre.

Property History for 562 South Rd, Moorabbin, VIC 3189

A timeline of how this property has performed in the market
Last Sold
$1,150,000
27 Apr 2022
  • 27 Apr 2022
    Sold for $1,150,000
  • 14 Apr 2022
    Listed for Sale CONTACT AGENT
  • 10 Sep 1996
    Sold for $118,000
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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 5,513 properties. Over the last 5 years, Houses in Moorabbin have seen a 28.65% increase in median value, while Units have seen a 14.85% increase. As at 31 August 2024:

  • The median value for Houses in Moorabbin is $1,277,319 while the median value for Units is $715,110.
  • Houses have a median rent of $650 while Units have a median rent of $580.
There are currently 15 properties listed for sale, and 14 properties listed for rent in Moorabbin on OnTheHouse. According to CoreLogic's data, 226 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.