SOLD
Sold on 28 Jun 2024 for $612,000

4/7 Racecourse Road
Noble Park VIC 3174

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 130m2
Land area: 214m2
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Property Details for 4/7 Racecourse Rd, Noble Park

4/7 Racecourse Rd, Noble Park is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1990. The property has a land size of 214m2 and floor size of 130m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 3 bedroom Unit sold in Noble Park in the last 12 months.

Building Type
Unit
Year Built
1990
Floor Size
130m2
Land Size
214m2
Local Government
Greater Dandenong
Lot/Plan
4/PS539652

Last Listing description (August 2024)

This wonderful unit is tucked away, yet it is still within arm's reach of everything! Just a jump, step and a hop away from Sandown Park hotel and shops, it's ideal for a first home buyer looking to get into the market or an investor.

Nestled at the rear of the complex, you enter the property through a secure front door and security door. Upon entry, you are welcomed by a generously sized living room, which flows seamlessly through to the dining and kitchen area, with an easy transition through the sliding doors to the great backyard space the unit offers.

The bedrooms are separated from the living area by a door at the back. Making your way down the hallway, you will find 3 bedrooms, including a master suite with a walk-in robe and your very own private ensuite. The other 2 bedrooms feature built in robes for ample storage and are conveniently located close to the main bathroom. In addition, there is a separate laundry and toilet.

The lifestyle features that the property offers include ducted heating, evaporative cooling, and solar panels that help save on energy bills. It is also close to major roads, highways, and many amenities such as Sandown Park Station and shops. Primary school and parks are all nearby as well.

Don't miss out on this great opportunity! For our investors, look no further! The work has already been done for you, the property is currently tenanted and returns $1,848 per calendar month.

Photo I.D. required at all inspections.

DISCLAIMER: The measurements provided of the land and / or property may not be 100% accurate. In order to satisfy yourself of the exact dimensions of the property / land / or of each room, we advise you to conduct your own measurements and / or engage the services of a licensed surveyor. Responsibility for any omissions or errors contained herein is expressly denied.

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Property History for 4/7 Racecourse Rd, Noble Park, VIC 3174

A timeline of how this property has performed in the market
Last Sold
$612,000
28 Jun 2024
Listed for Rent
$380/w
22 Jun 2016
  • 28 Jun 2024
    Sold for $612,000
  • 17 May 2024
    Listed for Sale Not Disclosed
  • 03 Jun 2016
    Listed for Rent - Price not available
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About Noble Park 3174

The size of Noble Park is approximately 8.6 square kilometres. It has 22 parks covering nearly 6% of total area. The population of Noble Park in 2011 was 28,377 people. By 2016 the population was 31,032 showing a population growth of 9.4% in the area during that time. The predominant age group in Noble Park is 20-29 years. Households in Noble Park are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Noble Park work in a labourer occupation. In 2011, 58.3% of the homes in Noble Park were owner-occupied compared with 54.9% in 2016.

Noble Park has 15,429 properties. Over the last 5 years, Houses in Noble Park have seen a 25.01% increase in median value, while Units have seen a 14.43% increase. As at 31 October 2024:

  • The median value for Houses in Noble Park is $800,565 while the median value for Units is $509,111.
  • Houses have a median rent of $528 while Units have a median rent of $480.
There are currently 92 properties listed for sale, and 31 properties listed for rent in Noble park on OnTheHouse. According to CoreLogic's data, 544 properties were sold in the past 12 months in Noble park.

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