OFF MARKET

501-503 Park Road
Park Orchards VIC 3114

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 380m2
Land area: 2145m2
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Last updated 16 Sep 2024
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Property Details for 501-503 Park Rd, Park Orchards

501-503 Park Rd, Park Orchards is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 2017. The property has a land size of 2145m2 and floor size of 380m2. While the property is not currently for sale or for rent, it was last sold in June 2014.

Building Type
House
Year Built
2017
Floor Size
380m2
Land Size
2145m2
Local Government
Manningham
Lot/Plan
319/LP11940

Last Listing description (June 2014)

Entering the market, looking to build your new dream home in beautiful Park Orchards or simply appreciating the potential to renovate/extend this classic original home (STCA). Where better than here on this magnificent flat half acre approx, centrally located within strolling distance to Village shops, cafes, schools and Eastlink nearby. Currently the home is comfortable to live in or rent out, offering large entrance leading to the lounge/dining with gas heater, through to the neat kitchen/meals. The family bathroom is centrally positioned near the three bedrooms (master with WIR) and there?s a second toilet off the laundry. The flat rear yard is ideal for kids to kick a footy and let off steam and there?s ample parking with carport, garage/workshop and circular drive. Astute buyers will kick themselves if they don?t stop to explore the enormous potential offered by this one owner home, overflowing with extraordinary future prospects.

Property History for 501-503 Park Rd, Park Orchards, VIC 3114

A timeline of how this property has performed in the market
Last Sold
$835,000
14 Jun 2014
  • 14 Jun 2014
    Sold for $835,000
  • 21 May 2014
    Listed for Sale $740,000-$840,000

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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.
There are currently 9 properties listed for sale, and 1 property listed for rent in Park orchards on OnTheHouse. According to CoreLogic's data, 50 properties were sold in the past 12 months in Park orchards.

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