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Sold on 09 Nov 2023 for $582,000

2/197 Cambridge Road
Mooroolbark VIC 3138

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 286m2
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Property Details for 2/197 Cambridge Rd, Mooroolbark

2/197 Cambridge Rd, Mooroolbark is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 286m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 2 bedroom Unit sold in Mooroolbark in the last 12 months.

Building Type
Unit
Land Size
286m2
Local Government
Yarra Ranges
Lot/Plan
2/PS306068

Last Listing description (November 2023)

Nestled amongst the trees, at the rear of a dual-occupancy allotment, this private, low maintenance sanctuary is like nothing else on the market.

An exciting find for young buyers, downsizers and investors, the home's allure begins with its lush environment, where you'll feel like you are a world away from everything.

Inside, the home has undergone a series of modern upgrades, making it move-in-ready for its next lucky occupants.

Neutral paintwork, timber floorboards and sleek tiles grace its simple single-level floorplan, which is introduced by a lounge room with a gas log heater and an air conditioner.

The stylish kitchen is wonderfully functional, featuring white cabinetry and tiled splashbacks, a full suite of stainless steel appliances and timber-look laminate-wrap benches.

Two bedrooms with built-in wardrobes and lovely backyard vistas supply a peaceful setting for sleep. One of the bedrooms contains external access. A chic combined bathroom and laundry services the rooms, also containing external access.

Outside, two sunbathed alfresco decks rest within a secure backyard, offering plenty of space for entertaining or for little ones and pets to play safely.

Handy cupboard storage and an undercover car space complement the property, which is boosted further by the convenient location that it boasts. It is poised within walking distance to bus stops, reserves, trails, Japara House, Hansen Park Preschool, Collins Place shops, Kilsyth and Pembroke Primary Schools and Yarra Hills Secondary College. It is also only a few minutes' commute to Kilsyth, Montrose and Mooroolbark shops, Mooroolbark Train Station, Kilsyth Centenary Pool, Kilsyth Basketball and Sports Centre.

Noel Jones Real Estate has taken every precaution to ensure the information contained herein is true and accurate, however accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.

Property History for 2/197 Cambridge Rd, Mooroolbark, VIC 3138

A timeline of how this property has performed in the market
Last Sold
$582,000
09 Nov 2023
Listed for Rent
$390/w
31 Mar 2022
  • 06 Nov 2023
    Sold for $582,000
  • 24 Oct 2023
    Listed for Sale Under Offer
  • 15 Mar 2022
    Listed for Rent $390 / 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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Tian Jin
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Jess Iddon
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Noel Jones Ringwood and Croydon
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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.