SOLD
Sold on 19 Jan 2024 for $1,250,000

48 Old Hereford Road
Mount Evelyn VIC 3796

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Land area: 7612m2
Sold By
Jenni Nash
Fletchers Yarra Ranges
Scott Allison
Fletchers Yarra Ranges
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Property Details for 48 Old Hereford Rd, Mount Evelyn

Building Type
Rural
Land Size
7612m2
Local Government
Yarra Ranges
Lot/Plan
1/LP5745

Last Listing description (February 2024)

This is the best vacant block of land for sale in Mount Evelyn in a long time! It has amazing views that will never be blocked out. The top is flat and then gently sloping and is a corner block with great access. What more could you want?

With these incredible views and infinite potential, historic “Glenayr” is ready for reimagining. Boasting a peaceful, private, and primarily level 7,612sqm (approx.) allotment central to local conveniences, this opportunity will only knock once every 100 years.

The original residence onsite is rich with history. Should you choose to retain this weatherboard home, you will be reinvigorating a dwelling that has been held by 3 generations of the same family for almost 100 years. The cottage has been left vacant for a period of time and has some water damage, features high ceilings, spacious living with the highlight being the views from the loungeroom.

Once an orchard and strawberry farm with sprawling outlooks and several outbuildings, imagination is the only limitation here.

Alternatively, start fresh with a brand-new build or building that dream home. You can't overcapitalize this block. Zoned for Birmingham Primary School and Yarra Hills Secondary College, this is the ideal location for family living. Don't delay, plan your viewing today.

- Nearly 2-acre “Glenayr” near local amenities
- Primarily level land with spectacular vista views
- Century-old residence with ceiling panels, wide timber floors, and high ceilings
- History as a strawberry farm and orchard
- Fabulous location for a brand-new build (STCA)
- Corner block with two street frontages
- All services available
- Close to bus line & parks

Property History for 48 Old Hereford Rd, Mount Evelyn, VIC 3796

A timeline of how this property has performed in the market
Last Sold
$1,250,000
19 Jan 2024
  • 19 Jan 2024
    Sold for $1,250,000
  • 23 Nov 2023
    Listed for Sale $1,280,000 - $1,400,000

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About Mount Evelyn 3796

The size of Mount Evelyn is approximately 17.4 square kilometres. It has 23 parks covering nearly 19.5% of total area. The population of Mount Evelyn in 2011 was 9,375 people. By 2016 the population was 9,720 showing a population growth of 3.7% in the area during that time. The predominant age group in Mount Evelyn is 10-19 years. Households in Mount Evelyn are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mount Evelyn work in a trades occupation. In 2011, 86.6% of the homes in Mount Evelyn were owner-occupied compared with 87.1% in 2016.

Mount Evelyn has 3,973 properties. Over the last 5 years, Houses in Mount Evelyn have seen a 41.81% increase in median value, while Units have seen a 8.29% increase. As at 31 July 2024:

  • The median value for Houses in Mount Evelyn is $877,035 while the median value for Units is $583,140.
  • Houses have a median rent of $575 while Units have a median rent of $370.
There are currently 23 properties listed for sale, and no properties listed for rent in Mount evelyn on OnTheHouse. According to CoreLogic's data, 145 properties were sold in the past 12 months in Mount evelyn.

Suburb Insights for Mount Evelyn 3796

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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.