OFF MARKET

516-518 Park Road
Park Orchards VIC 3114

Bedrooms: 3
Bathrooms: 1
Car spaces: 5
Floor area: 152m2
Land area: 2057m2
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Property Details for 516-518 Park Rd, Park Orchards

516-518 Park Rd, Park Orchards is a 3 bedroom, 1 bathroom House with 5 parking spaces and was built in 1970. The property has a land size of 2057m2 and floor size of 152m2. While the property is not currently for sale or for rent, it was last sold in June 2018.

Building Type
House
Year Built
1970
Floor Size
152m2
Land Size
2057m2
Local Government
Manningham
Lot/Plan
463/LP11940

Last Listing description (August 2018)

Situated on a half-acre block (2049sqm approx.) with views to Mount Dandenong, this resplendent Mid-Century Modern masterpiece stands to impress. A triumph in design and quality, it merges beautifully with its immaculate garden setting and unique bushland surrounds.
What becomes immediately apparent is the attention to detail that has gone into every aspect of the home. The hardwood floors have been sourced from the Albert Park Army Barracks and the decorative feature walls handcrafted by a master stonemason. Floor-to-ceiling windows also feature, bringing the greenery from outside in.
Simplicity is key to the well-zoned floorplan which is adjoined by a covered balcony spanning the entire width of the home. It comprises three bedrooms serviced by a single bathroom with separate toilet and shower. There s a kitchen with walk-in pantry, casual meals area, formal dining space and a lounge room extension completed in the 1980 s.

Creature comforts such as ducted heating, air conditioning and a fireplace add to the allure. Further highlights include a sub-floor storage/workshop area, water tanks for irrigation, a triple garage and double carport.
A rare opportunity to own a slice of history in picturesque Park Orchards.

Property History for 516-518 Park Rd, Park Orchards, VIC 3114

A timeline of how this property has performed in the market
Last Sold
$1,485,000
16 Jun 2018
  • 16 Jun 2018
    Sold for $1,485,000
  • 24 May 2018
    Listed for Sale $1,300,000 - $1,430,000

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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 1,365 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

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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.