OFF MARKET

48-50 Arundel Road
Park Orchards VIC 3114

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 265m2
Land area: 2040m2
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Property Details for 48-50 Arundel Rd, Park Orchards

48-50 Arundel Rd, Park Orchards is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 2040m2 and floor size of 265m2. While the property is not currently for sale or for rent, it was last sold in October 2018.

Building Type
House
Year Built
1960
Floor Size
265m2
Land Size
2040m2
Local Government
Manningham

Last Listing description (December 2018)

Perfectly positioned just a short walk from Park Orchards schools, bus stop and the 100 Acres Reserve, this unique property has 2 fully independent residences on a beautiful garden allotment that allows you to run a business, draw a rental income or live harmoniously with extended family with as much or as little privacy from one another as you need.
- Beautiful 2036m2 garden allotment in central Park Orchards
- 2 fully independent homes, each with their own services, rates and postal address

- Ideal opportunity for extended families and savvy investors looking for lucrative rental return
- The main residence delivers 3 bright and spacious living zones, solid timber kitchen, 4 bedrooms, 2 updated bathrooms and in integrated double garage with workshop
- The second residence enjoys a 2-bedroom design with study, 1 bathroom, solid timber kitchen, an inviting living area, entertainers deck and big double garage
- Each home enjoys beautiful views across the established park-like gardens with plenty of privacy thanks to tall perimeter fencing
- A solar heated in-ground swimming pool, alfresco deck and paved BBQ zone add a touch of resort-style living to the property
- Each of the homes has heating and cooling in place, while extras include an under-house workshop/studio, ample storage and a 5kW solar electricity system

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Property History for 48-50 Arundel Rd, Park Orchards, VIC 3114

A timeline of how this property has performed in the market
Last Sold
$1,550,000
29 Oct 2018
Listed for Rent
$790/w
29 Nov 2016
  • 29 Oct 2018
    Sold for $1,550,000
  • 19 Sep 2018
    Listed for Sale $1,580,000 - $1,680,000
  • 28 Oct 2016
    Listed for Rent $790 / week

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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 1,365 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.

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