2/12 Newman RoadMooroolbark VIC 3138
Property Details for 2/12 Newman Rd, Mooroolbark
2/12 Newman Rd, Mooroolbark is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 113m2 and floor size of 66m2. While the property is not currently for sale or for rent, it was last sold in May 2010.
Last Listing description (April 2010)
AN INVESTORS DREAM
WITHIN THE SMALL NEAT AS A PIN COMPLEX OF 4 UNITS IN A ROW, EACH WITH CARPORT SPACE IS THE ELUSIVE IDEAL INVESTMENT PROPERTY. UNIT 2 OFFERS A SUPERBLY MAINTAINED INTERIOR, POLISHED TIMBER FLOORS, GAS HEATING AND CEILING FAN IN THE LIGHT FILLED LIVING ROOM, A SMART UPDATED LAMINATE KITCHEN WITH GAS STOVE AND 2 SPACIOUS BEDROOMS. THE HUGE PRACTICAL COMBINATION BATHROOM AND LAUNDRY IS CONVENIENT THE SMALL REAR YARD EFFICIENT. AND THE QUIET YET CONVENIENT LOCATION TO ARTERIAL ROADS, LOCAL TRAIN STATION AND SHOPS MAKES IT A WISE INVESTMENT FOR THE FUTURE.
Property History for 2/12 Newman Rd, Mooroolbark, VIC 3138
- 14 May 2010Sold for $296,000
- 27 Apr 2010Listed for Sale $280,000 - $310,000
- 08 Aug 2005Sold for $170,000
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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 10,050 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.
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