119 Cambridge Rd, Mooroolbark is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 869m2 and floor size of 121m2. While the property is not currently for sale or for rent, it was last sold in August 2019.
Set peacefully back from the road and desirably positioned within close proximity to schools, shops and public transport, this solid brick-veneer home is situated on a generously-sized block totalling 869m2 (approx.) and presents a lucrative opportunity for the developer, builder, investor or savvy first-home buyer.
Located within Neighbourhood Residential Zone - Schedule 1 (NRZ1), the property boasts subdivision potential (subject to council approval), as well as providing the possibility to turn this charming three-bedroom dwelling into your dream home.
Constructed over a single-level floorplan, the home offers a comfortable, relaxed lounge and dining area featuring the organic warmth of polished floorboards and neutral tones, in addition to a series of windows allowing natural light to penetrate the interior.
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 10,344 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:
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