OFF MARKET

2 Milne Road
Park Orchards VIC 3114

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 4629m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 11 Nov 2024
Low

High
Save

Property Details for 2 Milne Rd, Park Orchards

2 Milne Rd, Park Orchards is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 4629m2.

Building Type
House
Land Size
4629m2
Local Government
Manningham
Lot/Plan
1/TP205448

Last Listing description (October 2024)

One of the most recognised addresses in Park Orchards, this expansive allotment invites numerous scenarios. Expansively allotted with 4629m2 of land, a neat 3 bedroom home plus separate 1 bedroom studio. Easily accessed with a dual crossover and ample off-street parking including a double garage. First time offered in decades, build your dream home/boutique residence (STCA) on this wonderful wide fronted block.

Privately entering spotless interiors with hardwood polished floors/carpet, encompassing a lounge and dining room, kitchen/meals with gas freestanding cooker, three spacious bedrooms, bathroom with separate WC and laundry. Stepping out the back door to the original studio with living area combining with kitchenette, and a bathroom.

Earmarked for a future brand new masterpiece and outdoor haven, renovation or extension pending approval from council. The near-flat land is lush with ample fruit trees, two street frontages and the home provides great under-home storage plus separate retreat/home office/storeroom underneath, with lino floors and direct access to the garage. Ideal for a tradesperson with ample room to park vans/trucks and trailers on site.

Centrally located to Park Orchards shops and services, North Ringwood Shops and Warrandyte's River walks and cafes, along with several local wineries and restaurants. Buses service Milne Road to several esteemed private schools including Yarra Valley Grammar, Luther College, Aquinas College, Whitefriars College and Our Lady of Sion College. A pleasant walk to Park Orchards Primary and Kindergarten, and St Anne's Primary. Close to 100 Acres and Domeney Reserves and the Mullum Mullum cycling/foot trails. An easy drive to Eastland Shopping Centre and Costco and Ringwood Square. Handy to Eastlink.

Disclaimer: The information contained herein has been supplied to us and is to be used as a guide only. No information in this report is to be relied on for financial or legal purposes. Although every care has been taken in the preparation of the above information, we stress that particulars herein are for information only and do not constitute representation by the Owners or Agent.

Property History for 2 Milne Rd, Park Orchards, VIC 3114

A timeline of how this property has performed in the market
  • 28 Oct 2024
    Listed for Sale $1,450,000 - $1,595,000

Commute Calculator

About Park Orchards 3114

The size of Park Orchards is approximately 9.5 square kilometres. It has 15 parks covering nearly 10.3% of total area. The population of Park Orchards in 2011 was 3,717 people. By 2016 the population was 3,810 showing a population growth of 2.5% in the area during that time. The predominant age group in Park Orchards is 10-19 years. Households in Park Orchards are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Park Orchards work in a professional occupation. In 2011, 95.1% of the homes in Park Orchards were owner-occupied compared with 93.8% in 2016.

Park Orchards has 1,365 properties. Over the last 5 years, Houses in Park Orchards have seen a 27.40% increase in median value. As at 31 October 2024:

  • The median value for Houses in Park Orchards is $1,860,184 while the median value for Units is $1,434,764.
  • Houses have a median rent of $1,200.
There are currently 6 properties listed for sale, and 2 properties listed for rent in Park orchards on OnTheHouse. According to CoreLogic's data, 48 properties were sold in the past 12 months in Park orchards.

Suburb Insights for Park Orchards 3114

Market Insights
Park Orchards Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Park Orchards Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.