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Sold on 25 Oct 2024 for $875,000

7 Wallace Way
Mooroolbark VIC 3138

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 110m2
Land area: 954m2
Sold By
McGrath Croydon
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Property Details for 7 Wallace Way, Mooroolbark

7 Wallace Way, Mooroolbark is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 954m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 3 bedroom House sold in Mooroolbark in the last 12 months.

Building Type
House
Year Built
1980
Floor Size
110m2
Land Size
954m2
Local Government
Yarra Ranges
Lot/Plan
2/LP81868

Last Listing description (October 2024)

Fully renovated with fabulous entertaining and featuring the potential for rear subdivision (STCA), this property on approximately 954sqm is both a fantastic family acquisition and futureproof investment. Offering excellent convenience, it is within walking distance to bus stops, parks, the Corner Milk Bar, Esther Park, Brushy Creek Trail, Barngeong Reserve Kindergarten, Playground and Off Leash Area, Manchester Primary School, Mooroolbark College, Croydon North Village, Mooroolbark shops and train station. It is also only a short drive to Chirnside Park Shopping Centre, entertainment precincts and private secondary colleges such as Billanook, Oxley, Luther and Yarra Valley Grammar.

- The property's allure begins with a refreshed facade and well-tended gardens, complemented by a gated driveway that leads to a double garage and a secure parking area - ideal for storing your boat, caravan and trailer
- Inside, every room of the home has been stylishly updated for modern-day living, flaunting contemporary flooring and blinds, as well as LED lighting

- A spacious lounge room with an Ultimate wood heater greets you upon entry, highlighted by a ceiling with white-painted exposed beams
- The modern kitchen with a breakfast bar and meals area is configured for easy cooking and dining. It comes equipped with a 900mm stainless steel upright cooker, a 900mm rangehood, a dishwasher, tiled splashbacks, generous storage and a box bay window
- A matching-style laundry with more handy storage rests alongside the kitchen and provides smooth access to outside
- Out there, the most amazing entertaining domain is revealed, boasting lighting, plumbing for an outdoor kitchen, a split system air conditioner and Ziptrak blinds for all-seasons comfort
- The large, child and pet-friendly backyard with lush lawns and several citrus trees is in full view from here, complete with a cubby house and a shed
- Three bedrooms (two with built-in wardrobes) provide comfortable accommodation. A super-sleek floor-to-ceiling tiled bathroom services the rooms. It contains a walk-in double shower, a wall-hung vanity, a mirrored wall cabinet and towel shelving
- Further features that complement this home include a Samsung digital door front lock, solar roof panels, ducted heating, split system air conditioners and ceiling fans
- The property's generous block dimensions offer the opportunity to build a rear dwelling, either now or later down the track (STCA)

Property History for 7 Wallace Way, Mooroolbark, VIC 3138

A timeline of how this property has performed in the market
Last Sold
$875,000
25 Oct 2024
Listed for Rent
$220/w
03 Jun 2006
  • 25 Oct 2024
    Sold for $875,000
  • 03 Oct 2024
    Listed for Sale $800,000 - $880,000
  • 14 Apr 2009
    Sold for $330,000
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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 10,356 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 26 properties listed for sale, and 5 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.