6 Margaret RoadMount Evelyn VIC 3796
Property Details for 6 Margaret Rd, Mount Evelyn
6 Margaret Rd, Mount Evelyn is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 1307m2 and floor size of 103m2. While the property is not currently for sale or for rent, it was last sold in March 2023.
Last Listing description (April 2023)
PRIVATE INSPECTIONS AVAILABLE
The level of restoration may seem immense but so is the opportunity if you're itching for a project in a prime tree change locale!
Located on an expansive north facing 1307m2 parcel, with a 27-meter frontage, this property just 5-minutes from the heart of Mount Evelyn will excite renovators, builders or families seeking to create their dream home in a prime family-friendly location. The existing three-bedroom home has definitely seen better days but could be transformed with a full renovation of its 70s bones if a large nature block is what you're looking for. It presents a truly blank canvas to create a stunning new residence with a dream backyard with plenty of scope for a garage or even a granny flat within the expansive grounds.
Three-bedroom home with single level layout in original condition
Sizeable 1307m2 block presents incredible building scope (STCA)
Offers lucrative potential for investment
Superb capacity for a knockdown and contemporary rebuild (STCA)
1.2km from Mount Evelyn Primary School and 7-minute drive from MECS
4-minute drive to Mount Evelyn township
Property History for 6 Margaret Rd, Mount Evelyn, VIC 3796
- 10 Mar 2023Sold for $587,000
- 07 Feb 2023Listed for Sale UNDER CONTRACT
- 26 Jul 2022Listed for Sale Not Disclosed
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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 4,002 properties. Over the last 5 years, Houses in Mount Evelyn have seen a 30.69% increase in median value, while Units have seen a 12.66% increase. As at 31 October 2024:
- The median value for Houses in Mount Evelyn is $854,751 while the median value for Units is $642,485.
- Houses have a median rent of $600 while Units have a median rent of $385.
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