SOLD
Sold on 09 Dec 2023 for $1,850,000

616 Park Road
Park Orchards VIC 3114

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2044m2
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Property Details for 616 Park Rd, Park Orchards

Building Type
Commercial
Land Size
2044m2
Local Government
Manningham
Lot/Plan
580/LP11939

Last Listing description (September 2019)

This property is located in a great spot and would suit allied health services.
Features:
3 consulting rooms

Reception
Heating and cooling
Large car park
Separate Entrance
Contact Anthony Treeby on 0411 558 993 for more details.
Visit www.treebycommercial.com.au to view our commercial properties!

Property History for 616 Park Rd, Park Orchards, VIC 3114

A timeline of how this property has performed in the market
Last Sold
$1,850,000
09 Dec 2023
Listed for Rent
$2.00k/w
11 Sep 2019
  • 09 Dec 2023
    Sold for $1,850,000
  • 08 Jul 2019
    Listed for Rent - Price not available
  • 23 Aug 2018
    Listed for Rent $24,000 / year
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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 37.33% increase in median value. As at 31 July 2024:

  • The median value for Houses in Park Orchards is $1,813,617 while the median value for Units is $1,374,984.
  • Houses have a median rent of $1,200.
There are currently 10 properties listed for sale, and 1 property listed for rent in Park orchards on OnTheHouse. According to CoreLogic's data, 53 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.