25-27 Alva AvenuePark Orchards VIC 3114
Property Details for 25-27 Alva Ave, Park Orchards
Last Listing description (May 2024)
Inspection by appointment only.
Tucked away on one of the most picturesque streets in the area, this vacant block of land offers a serene and tranquil setting. Situated within walking distance of Park Road's vibrant shops, cafes, and services, this expansive double block presents an extraordinary opportunity for a remarkable lifestyle.
The true highlight lies in the potential to construct your dream home (STCA) in this highly sought-after Park Orchards location, which rarely becomes available in the market.
Enveloped by stunning residences and breathtaking scenery, the location is ideal for those seeking a vibrant lifestyle, with convenient access to Park Orchards village, tennis court and primary school, Eastlink, and the bustling Eastland shopping and entertainment precinct. Zoned to Park Orchards Primary School and Norwood Secondary College, families will also appreciate the proximity to other esteemed schools, including Whitefriars College, Donvale Christian College, Yarra Valley Grammar and Luther College.
Property History for 25-27 Alva Ave, Park Orchards, VIC 3114
- 15 Feb 2024Sold for $1,370,000
- 24 Jul 2023Listed for Sale $1,300,000 - $1,400,000
- 25 Jan 2023Listed for Sale Contact Agent
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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 1,364 properties. Over the last 5 years, Houses in Park Orchards have seen a 36.14% increase in median value. As at 31 August 2024:
- The median value for Houses in Park Orchards is $1,835,027 while the median value for Units is $1,456,819.
- Houses have a median rent of $1,200.
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