40 Leumear St, Oakleigh East is a 5 bedroom, 2 bathroom House with 3 parking spaces and was built in 1950. The property has a land size of 684m2 and floor size of 180m2. While the property is not currently for sale or for rent, it was last sold in June 2023.
Offered for the first time in over 50 years, rarely does an opportunity present itself to purchase a home which delivers so much.
Exceptionally maintained with traditional styling, this sensational double storey home is situated on a magnificent corner block allotment on 691m2 approx. in one of Oakleigh East's finest streets.
Scope to renovate and bring the home back to its former glory, build your own dream residence or perfect for a multi-dwelling residence (STCA). The opportunities are endless.
Boosting 5 well sized bedrooms with BIR, Master Bedroom with WIR, Ensuite, central bathroom and an extra-large laundry.
Proportions provide inviting light filled living/dining rooms with the kitchen/meals area overlooking the magnificent garden and Alfresco area.
Additional features:
2 Driveways
All bedrooms have ceiling fans
Sunroom
Large Veranda
Workshop/shed
Garage
Carport
Ducted Heating
Reverse cycle Heating/cooling
Investors and developers will be highly motivated given the close proximity to Monash University, Monash Medical Centre public transport, an abundance of parks and reserves, plus easy access to the Princes Highway and Monash Freeway, St Peters Parish, St Peters Primary School, Clayton North Primary School, M-City Shopping Centre, Clayton Road Shops and Chadstone Shopping Centre.
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 3,528 properties. Over the last 5 years, Houses in Oakleigh East have seen a 13.35% increase in median value, while Units have seen a 8.56% increase. As at 31 January 2025:
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