5 Neville StreetMooroolbark VIC 3138
Property Details for 5 Neville St, Mooroolbark
5 Neville St, Mooroolbark is a 3 bedroom, 1 bathroom House with 3 parking spaces. The property has a land size of 864m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 3 bedroom House sold in Mooroolbark in the last 12 months.
Last Listing description (December 2023)
A lucrative development proposition, in a convenient Mooroolbark position, this 864sqm (approx.) property is a prime site where the astute buyer can move forth with approved plans to bring four townhouses to life.
The property features well-thought-out designs, including a combination of two and three bedrooms, all with ground floor living areas. With a flat, rectangular block ensuring easy site access for builders, and a desirable location within walking distance of the area's key amenities, it represents a lucrative acquisition.
The home onsite is comfortably liveable for owner occupiers or tenants to reside in, whilst preparations for its future are made. It contains a large, light-immersed lounge/dining room, a functional kitchen, three bedrooms, bathroom, laundry, evaporative cooling and a split system air conditioner.
Outside, there is a long driveway that leads to a single carport, plus gated access through to a large backyard with a patio and double garage.
Start making arrangements for the property's development, keep it as an investment, or occupy and enhance it to your liking (STCA). Whatever you decide, its great location will remain the same, situated within an easy walk to Mooroolbark Train Station, the popular shops and eateries along Manchester Road and Brice Avenue, community, childcare, medical and recreational facilities, Brushy Creek Trail, Barngeong Reserve Playground and Kindergarten. It's also only a short commute to quality schools, Chirnside Park Shopping Centre and the Yarra Valley.
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 5 Neville St, Mooroolbark, VIC 3138
- 11 Jan 2024Listed for Rent $500 / week
- 12 Dec 2023Sold for $995,000
- 21 Nov 2023Listed for Sale $865,000 - $950,000
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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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