497-501 Keilor RoadNiddrie VIC 3042
Property Details for 497-501 Keilor Rd, Niddrie
Last Listing description (May 2021)
* 3668 square metre development site across 3 titles
* 45 metre frontage to Keilor Road
* 28.4 metre frontage to Ryder Street
* Based on advice from town planners, the site is likely to be suitable for an apartment complex for between 160 and 170 residential apartments with ground-floor retail facing Keilor Road
* Excellent access to major arterial roads including Calder Freeway (450 metres), Mount Alexander Road (2.1km), & the M80 ring road (3.1 km)
* Surrounding business include Clark Rubber, The Disability Trust, Eastbrooke Medical Centre, & Niddrie Central Shopping Centre
* Available immediately
Property History for 497-501 Keilor Rd, Niddrie, VIC 3042
- 25 Jun 2024Sold for $1,815,000
- 04 Mar 2021Sold for $2,431,000
- 02 Oct 2020Listed for Sale Asking $7,600,000
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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 3,154 properties. Over the last 5 years, Houses in Niddrie have seen a 8.96% increase in median value, while Units have seen a 13.83% increase. As at 30 November 2024:
- The median value for Houses in Niddrie is $1,189,880 while the median value for Units is $756,794.
- Houses have a median rent of $675 while Units have a median rent of $600.
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