OFF MARKET

1/27 Shakespeare Avenue
Mooroolbark VIC 3138

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 90m2
Land area: 369m2
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Last updated 11 Nov 2024
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Property Details for 1/27 Shakespeare Ave, Mooroolbark

1/27 Shakespeare Ave, Mooroolbark is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 369m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in October 2022.

Building Type
House
Year Built
1960
Floor Size
90m2
Land Size
369m2
Local Government
Yarra Ranges
Lot/Plan
1/PS801472

Last Listing description (July 2023)

This original 60/70s brick veneer home is typical of the era - lounge, kitchen and meals area, 3 bedrooms and bathroom plus carport and shed out the back. Would you renovate and extend? Maybe, but it would be a fairly large job - and you'll still have a 60/70s brick veneer home at the end... However, with the large and reasonably level block and terrific location just moments from most services, the potential for subdivision (STCA) means the opportunities are there waiting - whether it's as a dual occupancy or complete redevelopment with units (STCA).

Property History for 1/27 Shakespeare Ave, Mooroolbark, VIC 3138

A timeline of how this property has performed in the market
Last Sold
$605,000
13 Oct 2022
Listed for Rent
$380/w
29 Jul 2021
  • 13 Oct 2022
    Sold for $605,000
  • 30 Aug 2022
    Listed for Sale Not Disclosed
  • 29 Mar 2022
    Listed for Sale $550,000 to $605,000
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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 10,352 properties. Over the last 5 years, Houses in Mooroolbark have seen a 27.10% increase in median value, while Units have seen a 24.45% increase. As at 31 October 2024:

  • The median value for Houses in Mooroolbark is $898,440 while the median value for Units is $671,166.
  • Houses have a median rent of $580 while Units have a median rent of $550.
There are currently 27 properties listed for sale, and 5 properties listed for rent in Mooroolbark on OnTheHouse. According to CoreLogic's data, 400 properties were sold in the past 12 months in Mooroolbark.

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