SOLD
Sold on 12 Apr 2024 for $1,870,759

14 Brice Avenue
Mooroolbark VIC 3138

Bedrooms: -
Bathrooms: -
Car spaces: 6
Floor area: 454m2
Land area: 488m2
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Property Details for 14 Brice Ave, Mooroolbark

Building Type
Commercial
Floor Size
454m2
Land Size
488m2
Local Government
Yarra Ranges
Lot/Plan
1/TP197123

Last Listing description (August 2016)

Renewed 3 year lease to 2018 plus options through to 2024.
Fixed 3% increases, Lessee pays outgoings including Land Tax.
CBA: Leading ASX listed company with market cap of $132billion (Aug 2015) & $9 billion Profit FY 14/15.

Immaculate 454 sqm two level building refurbished by CBA in 2014.
Substantial 486 sqm site with retail frontage of 12.6 metres.
100% leased to CBA, includes adjoining premises.
Single tenant minimum management investment.
Rent: $95,790 pa* (February 2016).
Auction 11am AEST Wednesday 16 September
River Room, Crown Casino Melbourne

Property History for 14 Brice Ave, Mooroolbark, VIC 3138

A timeline of how this property has performed in the market
Last Sold
$1,870,759
12 Apr 2024
Listed for Rent
$383/w
08 Jul 2016
  • 12 Apr 2024
    Sold for $1,870,759
  • 03 Jun 2016
    Listed for Rent $240,000 / year
  • 16 Sep 2015
    Sold for $1,901,000
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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 10,348 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 25 properties listed for sale, and 4 properties listed for rent in Mooroolbark on OnTheHouse. According to CoreLogic's data, 400 properties were sold in the past 12 months in Mooroolbark.

Suburb Insights for Mooroolbark 3138

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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.