16 Velra AvenueMurrumbeena VIC 3163
Property Details for 16 Velra Ave, Murrumbeena
16 Velra Ave, Murrumbeena is a 2 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 564m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom House sold in Murrumbeena in the last 12 months.
Last Listing description (March 2024)
Come for the land, stay for the charm, zone in on educational opportunity today ...and timeless appeal for tomorrow. Beautifully sited on a tightly-held streetscape of lovely late-period homes, this approx557sqm property comes with an enchanting Art Deco-detailed dream home... and the perfect amount of land to build the dream!
Zone in on the perfect-sized family block in this prime pocket of the McKinnon Secondary College Zone and see through your vision for prestige family living with room for garage, gardens and perhaps a pool. Alternatively, share out the site with a clever dual-occupancy project (Subject to Council Approval) designed to capitalise on these manageable proportions.
There's also an excellent opportunity to share the love for the super-solid 2 bedroom home with separate lounge and dining already here. A superior example of its time, graced with the best detail of the period, this charming home features solid hardwood floors alongside never-painted timberwork, an impressive tapestry-brick mantle to suit a new gasfire, and lofty deep-corniced ceilings. There's even a pretty porthole window adding to the sense of entry!
Already updated with ducted climate control and an alarm with quality window furnishings in place, and carport and garage in the backyard, this vintage beauty will, at the very least, continue to pay its way with the possibly of an excellent on-going tenant, until it's time to build on the Zone potential.
Property History for 16 Velra Ave, Murrumbeena, VIC 3163
- 23 Mar 2024Sold for $1,487,000
- 27 Feb 2024Listed for Sale $1,300,000-$1,350,000
- 20 Sep 2018Transferred
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About Murrumbeena 3163
The size of Murrumbeena is approximately 2.6 square kilometres. It has 8 parks covering nearly 9.6% of total area. The population of Murrumbeena in 2011 was 8,592 people. By 2016 the population was 9,928 showing a population growth of 15.5% in the area during that time. The predominant age group in Murrumbeena is 20-29 years. Households in Murrumbeena are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Murrumbeena work in a professional occupation. In 2011, 61.7% of the homes in Murrumbeena were owner-occupied compared with 59.5% in 2016.
Murrumbeena has 5,674 properties. Over the last 5 years, Houses in Murrumbeena have seen a 22.06% increase in median value, while Units have seen a -0.48% decrease. As at 31 October 2024:
- The median value for Houses in Murrumbeena is $1,640,176 while the median value for Units is $585,542.
- Houses have a median rent of $650 while Units have a median rent of $499.
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