SOLD
RECENT ADVICE
Sold on 20 Aug 2024 for $930,000

7 The Avenue
Oak Park VIC 3046

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 141m2
Land area: 630m2
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Property Details for 7 The Avenue, Oak Park

Building Type
Land
Year Built
1970
Floor Size
141m2
Land Size
630m2
Local Government
Merri-Bek
Lot/Plan
8/LP67434

Last Listing description (September 2024)

Located in a beautiful pocket of Oak Park and positioned perfectly so you can take advantage of uninterrupted views of the city skyline. This fantastic corner parcel of land offers two street frontages making it ideal for a potential multi-unit site (STCA) or why not build the house of your dreams and enjoy the NYE city fireworks from the comfort of your own home.
The already cleared parcel of land measures 630m2 (approx.) of prime real estate in a well-established street surrounded by lovely homes.
Located in a handy spot with easy access to Francis Winifred Cafeacute; via the Moonee Ponds Creek Trail, wonderful recreational facilities with the cricket, footy baseball precinct close by.

Young families can take advantage from the Oak Park Primary school zone as well as an array of shops and public transport facilities.
Enjoy the short drive to the Melbourne CBD, Tullamarine Airport, major shopping centres and so much more.
Statement of Information: https://s3-ap-southeast-2.amazonaws.com/documents.renet.cloud/coffsagents/10072685/listing/21345990/1635478/soi-7-the-avenue-oak_54b2-3b1a-81cf-a3ad-e689-7867-0d69-f3cd_20240528044457.pdf

Property History for 7 The Avenue, Oak Park, VIC 3046

A timeline of how this property has performed in the market
Last Sold
$930,000
20 Aug 2024
  • 20 Aug 2024
    Sold for $930,000
  • 28 May 2024
    Listed for Sale Under Contract
  • 17 Oct 2018
    Sold for $877,000
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About Oak Park 3046

The size of Oak Park is approximately 2.1 square kilometres. It has 16 parks covering nearly 11.1% of total area. The population of Oak Park in 2011 was 5,772 people. By 2016 the population was 6,205 showing a population growth of 7.5% in the area during that time. The predominant age group in Oak Park is 30-39 years. Households in Oak Park are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Oak Park work in a professional occupation. In 2011, 74.2% of the homes in Oak Park were owner-occupied compared with 69.6% in 2016.

Oak Park has 3,614 properties. Over the last 5 years, Houses in Oak Park have seen a 22.05% increase in median value, while Units have seen a 8.25% increase. As at 31 August 2024:

  • The median value for Houses in Oak Park is $1,018,609 while the median value for Units is $640,623.
  • Houses have a median rent of $600 while Units have a median rent of $490.
There are currently 15 properties listed for sale, and 7 properties listed for rent in Oak park on OnTheHouse. According to CoreLogic's data, 167 properties were sold in the past 12 months in Oak park.

Suburb Insights for Oak Park 3046

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Stockdale & Leggo Glenroy
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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.