OFF MARKET

5 Neville Street
Mooroolbark VIC 3138

Bedrooms: 4
Bathrooms: 1
Car spaces: 3
Floor area: 105m2
Land area: 864m2
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Property Details for 5 Neville St, Mooroolbark

5 Neville St, Mooroolbark is a 4 bedroom, 1 bathroom House with 3 parking spaces and was built in 1970. The property has a land size of 864m2 and floor size of 105m2. While the property is not currently for sale or for rent, it was last sold in December 2023.

Building Type
House
Year Built
1970
Floor Size
105m2
Land Size
864m2
Local Government
Yarra Ranges
Lot/Plan
57/LP53111

Last Listing description (April 2024)

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

A timeline of how this property has performed in the market
Last Sold
$995,000
12 Dec 2023
Listed for Rent
$460/w
10 Feb 2023
  • 11 Jan 2024
    Listed for Rent $500 / week
  • 12 Dec 2023
    Sold for $995,000
  • 21 Nov 2023
    Listed 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 10,419 properties. Over the last 5 years, Houses in Mooroolbark have seen a 20.67% increase in median value, while Units have seen a 19.01% increase. As at 31 January 2025:

  • The median value for Houses in Mooroolbark is $875,668 while the median value for Units is $676,688.
  • Houses have a median rent of $600 while Units have a median rent of $560.
There are currently 37 properties listed for sale, and 5 properties listed for rent in Mooroolbark on OnTheHouse. According to CoreLogic's data, 412 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.