SOLD
Sold on 06 Dec 2023 for $835,000

42 Bowmore Road
Noble Park VIC 3174

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Floor area: 112m2
Land area: 788m2
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Property Details for 42 Bowmore Rd, Noble Park

Building Type
Land
Year Built
1960
Floor Size
112m2
Land Size
788m2
Local Government
Greater Dandenong
Lot/Plan
3/LP33657

Last Listing description (February 2024)

This unit development site (STCA) is not just about a single home; it's about potential. With zoning for additional units, the possibilities are endless. Create an income-generating property portfolio or expand the existing home - the choice is yours.

Currently tenanted at $1,477 pcm until January 2024 investment opportunities like this are rare. Don't miss out on the chance to secure this 3 bedroom home within a thriving development site. Whether you're a savvy investor or a future homeowner 42 Bowmore Road, Noble Park is your path to a prosperous future.

Located conveniently in close proximity to shopping, schools, transport and local amenities. Your future tenants or homeowners will enjoy easy access to all necessities of daily life.

The time to act is now. Contact us today to arrange an inspection and witness the incredible potential that awaits you in this prime development site. Your future starts here, in the heart of Noble Park.

Home features include:
- 3 bedrooms
- Large lounge
- Kitchen/meals area
- Central bathroom
- Ducted heating
- Air-conditioning
- Polished floorboards
- 4 car accommodation
- Development potential

Property History for 42 Bowmore Rd, Noble Park, VIC 3174

A timeline of how this property has performed in the market
Last Sold
$835,000
06 Dec 2023
Listed for Rent
$330/w
20 Jan 2022
  • 06 Dec 2023
    Sold for $835,000
  • 01 Nov 2023
    Listed for Sale $835,000
  • 26 Oct 2021
    Listed for Rent $330 / week
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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 15,248 properties. Over the last 5 years, Houses in Noble Park have seen a 27.60% increase in median value, while Units have seen a 14.20% increase. As at 31 August 2024:

  • The median value for Houses in Noble Park is $778,692 while the median value for Units is $498,466.
  • Houses have a median rent of $528 while Units have a median rent of $480.
There are currently 83 properties listed for sale, and 19 properties listed for rent in Noble park on OnTheHouse. According to CoreLogic's data, 562 properties were sold in the past 12 months in Noble park.

Suburb Insights for Noble Park 3174

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.