SOLD
RECENT ADVICE
Sold on 01 Apr 2024 for $690,000

1/16 Wallace Way
Mooroolbark VIC 3138

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 420m2
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Property Details for 1/16 Wallace Way, Mooroolbark

1/16 Wallace Way, Mooroolbark is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 420m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 3 bedroom House sold in Mooroolbark in the last 12 months.

Building Type
House
Land Size
420m2
Local Government
Yarra Ranges
Lot/Plan
1/PS832261

Last Listing description (April 2024)

Fully renovated, with not a thing to do but unpack and relax, this stylish single-level residence is an enticing
step into the market, excellent downsizing option or investment.

Beyond the modern rendered facade, a functional footprint is revealed, adorned with polished hardwood

floorboards, sleek tiles and soft carpet. A light-immersed lounge with an open fireplace is the first room you will
discover, and is accompanied by a casual meals area. The kitchen flaunts contemporary flair and function,
featuring stainless steel appliances, tiled splashbacks and generous storage. Three bedrooms with built-in
wardrobes take care of accommodation and share a super-chic bathroom with two styles of floor-to-ceiling tiles,
a shower, bathtub and vanity. A separate toilet, laundry, split system heater/air conditioner, low maintenance
gardens, a water tank and a double carport complement the home beautifully.

Conveniently located, the home's future occupants can enjoy walking distance to bus stops, parks, the Corner
Milk Bar, Brushy Creek Trail, Manchester Primary School, Mooroolbark College, Croydon North Village,
Mooroolbark shops and train station. Or reach Chirnside Park Shopping Centre, entertainment precincts and
private secondary colleges such as Billanook and Oxley within a few minutes by car.

Property History for 1/16 Wallace Way, Mooroolbark, VIC 3138

A timeline of how this property has performed in the market
Last Sold
$690,000
01 Apr 2024
Listed for Rent
$430/w
17 Mar 2022
  • 18 Mar 2024
    Sold for $690,000
  • 12 Jan 2024
    Listed for Sale $670,000 - $695,000
  • 16 Jul 2021
    Listed for Rent $430 / week
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About Mooroolbark 3138

The size of Mooroolbark is approximately 12.4 square kilometres. It has 44 parks covering nearly 8.7% of total area. The population of Mooroolbark in 2011 was 20,689 people. By 2016 the population was 21,968 showing a population growth of 6.2% in the area during that time. The predominant age group in Mooroolbark is 20-29 years. Households in Mooroolbark are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mooroolbark work in a trades occupation. In 2011, 80.2% of the homes in Mooroolbark were owner-occupied compared with 78.8% in 2016.

Mooroolbark has 10,050 properties. Over the last 5 years, Houses in Mooroolbark have seen a 36.24% increase in median value, while Units have seen a 27.98% increase. As at 31 August 2024:

  • The median value for Houses in Mooroolbark is $896,782 while the median value for Units is $658,314.
  • Houses have a median rent of $575 while Units have a median rent of $550.
There are currently 27 properties listed for sale, and 2 properties listed for rent in Mooroolbark on OnTheHouse. According to CoreLogic's data, 394 properties were sold in the past 12 months in Mooroolbark.

Suburb Insights for Mooroolbark 3138

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Lisa Devenish
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Tori Sharp
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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.