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Sold on 05 Oct 2024 for $468,000

4/1 Grandview Road
Niddrie VIC 3042

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 58m2
Land area: 940m2
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Nelson Alexander Essendon
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Property Details for 4/1 Grandview Rd, Niddrie

4/1 Grandview Rd, Niddrie is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 2011. The property has a land size of 940m2 and floor size of 58m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 2 bedroom Townhouse sold in Niddrie in the last 12 months.

Building Type
Townhouse
Year Built
2011
Floor Size
58m2
Land Size
940m2
Local Government
Moonee Valley
Lot/Plan
4/RP2637

Last Listing description (October 2024)

Situated on the edge of Essendon with the buzz of Keilor Road around the corner, this older-style villa (1 of only 5) combines generous dimensions with impeccable presentation to deliver a terrific opportunity for first-time buyers, investors and downsizers alike.

Step inside to discover a light-filled interior comprising two sizeable bedrooms with built-in robes both serviced by a spotless bathroom and separate WC. Adding to the appeal is a versatile front living zone leading through to the neat kitchen with original cabinetry and adjoining meals area. Other fine features include split-system heating/cooling, solid hardwood floors and full-size laundry, plus a sunny low-maintenance courtyard with high fences for privacy and undercover parking space at the rear.

A short stroll to the best of Niddrie including city-bound trams, popular cafes, bars, restaurants and the area's thriving retail precinct, it's also close to local schools, kinder/childcare facilities and easy access to the Calder Freeway.

Conjunctional Agent:
Vendor Marketing 1300 435 435
Craig Knudsen 0403 091 511

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Property History for 4/1 Grandview Rd, Niddrie, VIC 3042

A timeline of how this property has performed in the market
Last Sold
$468,000
05 Oct 2024
  • 05 Oct 2024
    Sold for $468,000
  • 11 Sep 2024
    Listed for Sale Auction $400,000 - $440,000
  • 22 May 1999
    Sold for $127,500
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About Niddrie 3042

The size of Niddrie is approximately 1.9 square kilometres. It has 10 parks covering nearly 5.5% of total area. The population of Niddrie in 2011 was 4,874 people. By 2016 the population was 5,455 showing a population growth of 11.9% in the area during that time. The predominant age group in Niddrie is 40-49 years. Households in Niddrie are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Niddrie work in a professional occupation. In 2011, 76.2% of the homes in Niddrie were owner-occupied compared with 73% in 2016.

Niddrie has 3,129 properties. Over the last 5 years, Houses in Niddrie have seen a 17.86% increase in median value, while Units have seen a 13.36% increase. As at 30 September 2024:

  • The median value for Houses in Niddrie is $1,188,498 while the median value for Units is $757,966.
  • Houses have a median rent of $650 while Units have a median rent of $600.
There are currently 15 properties listed for sale, and 7 properties listed for rent in Niddrie on OnTheHouse. According to CoreLogic's data, 153 properties were sold in the past 12 months in Niddrie.

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