OFF MARKET

576-578 Park Road
Park Orchards VIC 3114

Bedrooms: 4
Bathrooms: 1
Car spaces: 1
Land area: 2022m2
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Property Details for 576-578 Park Rd, Park Orchards

576-578 Park Rd, Park Orchards is a 4 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 2022m2. While the property is not currently for sale or for rent, it was last sold in June 2020.

Building Type
House
Land Size
2022m2
Local Government
Manningham
Lot/Plan
492/LP11939

Last Listing description (September 2024)

Taking up arguably the most connected position the picturesque Park Orchards area can offer, this sprawling, over half an acre block is perfectly positioned to provide the lifestyle youve always envisage.

Currently occupied by a mostly original homestead the chance to plan, design and build your dream home on an incredibly spacious, perfectly placed property may be one too good to pass up (STCA).

Outside is where you truly begin to appreciate what could be achieved here, as you gaze upon a spectacular amount of outdoor space that includes a garage/workshop and a separate unit.

Whether a gradual renovation or a brand-new start with the construction of a brand-new home (STCA) is your vision for this property, this is an opportunity you simply must inspect.

Within walking distance to the Park Orchards Primary School, community centre, local shops, bus stops and parks, close to the Ringwood North Shopping Village, Norwood Secondary School, Luther College and Yarra Valley Grammar, as well as enjoying easy access to Ringwood-Warrandyte Rd, Mullum Mullum Rd, Mt Dandenong Rd, the Maroondah Highway, Eastland and Eastlink.

Property History for 576-578 Park Rd, Park Orchards, VIC 3114

A timeline of how this property has performed in the market
Last Sold
04 Jun 2020
Listed for Rent
$410/w
13 May 2022
  • 16 Sep 2024
    Sold for $1,350,000
  • 01 Aug 2024
    Listed for Sale $1.4m - $1.5m
  • 25 Mar 2022
    Listed for Rent $410 / 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 7 properties listed for sale, and 1 property listed for rent in Park orchards on OnTheHouse. According to CoreLogic's data, 49 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.