OFF MARKET

2/7 Mercer Street
Oakleigh East VIC 3166

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 58m2
Land area: 69m2
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Property Details for 2/7 Mercer St, Oakleigh East

2/7 Mercer St, Oakleigh East is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1960. The property has a land size of 69m2 and floor size of 58m2. While the property is not currently for sale or for rent, it was last sold in September 2023.

Building Type
Unit
Year Built
1960
Floor Size
58m2
Land Size
69m2
Local Government
Monash
Lot/Plan
2/RP1195

Last Listing description (March 2016)

Enjoying an elevated outlook, this comfortable BV villa, set within a well maintained group, is an ideal starting point for those looking to get a foothold into the market in a wonderfully peaceful locale. Comprising: Entry foyer, bright living room, stunning kitchen with an abundance of storage & appliances to delight home chefs, spacious updated family bathroom with l'dry facilities, separate W/C, 2 good size bedrooms with BIR's, private courtyard for entertaining & a carspace on title! Additional comforts and charms include polished floorboards, a/c and gas heater. Positioned within minutes of Oakleigh & Chadstones thriving shopping centres, Holmesglen Institute, Monash Uni and various transport links, this affordable beauty is bound to impress buyers seeking a place to call home as well as those looking for or a clever addition to their investment portfolio.

Property History for 2/7 Mercer St, Oakleigh East, VIC 3166

A timeline of how this property has performed in the market
Last Sold
$583,000
04 Sep 2023
  • 04 Sep 2023
    Sold for $583,000
  • 14 May 2015
    Listed for Sale Private Sale
  • 04 Mar 2015
    Sold for $430,000
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About Oakleigh East 3166

The size of Oakleigh East is approximately 2.1 square kilometres. It has 6 parks covering nearly 5.4% of total area. The population of Oakleigh East in 2011 was 5,972 people. By 2016 the population was 6,432 showing a population growth of 7.7% in the area during that time. The predominant age group in Oakleigh East is 20-29 years. Households in Oakleigh East are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Oakleigh East work in a professional occupation. In 2011, 62.8% of the homes in Oakleigh East were owner-occupied compared with 61.4% in 2016.

Oakleigh East has 3,512 properties. Over the last 5 years, Houses in Oakleigh East have seen a 23.34% increase in median value, while Units have seen a 10.14% increase. As at 31 October 2024:

  • The median value for Houses in Oakleigh East is $1,286,974 while the median value for Units is $841,427.
  • Houses have a median rent of $650 while Units have a median rent of $610.
There are currently 12 properties listed for sale, and 11 properties listed for rent in Oakleigh east on OnTheHouse. According to CoreLogic's data, 111 properties were sold in the past 12 months in Oakleigh east.

Suburb Insights for Oakleigh East 3166

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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.