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Sold on 26 Jun 2024 for $780,000

1/16 Lake Avenue
Pascoe Vale VIC 3044

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 143m2
Land area: 211m2
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Nelson Alexander Pascoe Vale
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Property Details for 1/16 Lake Ave, Pascoe Vale

1/16 Lake Ave, Pascoe Vale is a 3 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 2011. The property has a land size of 211m2 and floor size of 143m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 3 bedroom Townhouse sold in Pascoe Vale in the last 12 months.

Building Type
Townhouse
Year Built
2011
Floor Size
143m2
Land Size
211m2
Local Government
Merri-Bek
Lot/Plan
1/PS632372

Last Listing description (July 2024)

Effortless living with space and style

In a wonderfully convenient location with the area's key amenities close at hand, this contemporary townhouse combines quality and versatility to deliver a lifestyle of low-maintenance perfection.

Impeccably presented and ready to enjoy, the home's luminous interior showcases a large master bedroom with its own private ensuite, as well as two additional bedrooms, stylish main bathroom and two separate powder rooms - one on each level. Further emphasizing its adaptable design is the inclusion of a dedicated study and spacious open-plan living/dining area complemented by a stone-bench kitchen complete with soft-close drawers, stainless-steel cooking appliances and dishwasher. High square-set ceilings, solid hardwood floors and split-system heating/cooling all add to the allure, along with new carpets, ducted vacuum, full-size laundry and built-in robes to all three bedrooms. Double sliding doors reveal a sizeable north-facing courtyard with undercover patio and extensive decking ideal for relaxing or entertaining, plus an internally-accessed garage and gated driveway (both remote-controlled).

Pascoe Street shops and eateries around the corner, it's also close to a choice of bus routes, local parks and trails, popular schools and kinder/childcare facilities, as well as easy access to Oak Park Station and Citylink.

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Property History for 1/16 Lake Ave, Pascoe Vale, VIC 3044

A timeline of how this property has performed in the market
Last Sold
$780,000
26 Jun 2024
Listed for Rent
$480/w
05 Jun 2012
  • 26 Jun 2024
    Sold for $780,000
  • 06 Jun 2024
    Listed for Sale Under Offer
  • 12 Sep 2015
    Sold for $600,000
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About Pascoe Vale 3044

The size of Pascoe Vale is approximately 4.9 square kilometres. It has 22 parks covering nearly 7.4% of total area. The population of Pascoe Vale in 2011 was 14,886 people. By 2016 the population was 17,038 showing a population growth of 14.5% in the area during that time. The predominant age group in Pascoe Vale is 30-39 years. Households in Pascoe Vale are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Pascoe Vale work in a professional occupation. In 2011, 67.7% of the homes in Pascoe Vale were owner-occupied compared with 63.1% in 2016.

Pascoe Vale has 9,726 properties. Over the last 5 years, Houses in Pascoe Vale have seen a 23.84% increase in median value, while Units have seen a 13.10% increase. As at 31 July 2024:

  • The median value for Houses in Pascoe Vale is $1,055,131 while the median value for Units is $637,489.
  • Houses have a median rent of $600 while Units have a median rent of $510.
There are currently 41 properties listed for sale, and 20 properties listed for rent in Pascoe vale on OnTheHouse. According to CoreLogic's data, 498 properties were sold in the past 12 months in Pascoe vale.

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