SOLD
RECENT ADVICE
Sold on 01 May 2024 for $650,000

1/33 Pascoe Street
Pascoe Vale VIC 3044

Bedrooms: -
Bathrooms: -
Car spaces: 1
Floor area: 158m2
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Property Details for 1/33 Pascoe St, Pascoe Vale

Building Type
Commercial
Floor Size
158m2
Local Government
Merri-Bek
Lot/Plan
1/PS716244

Last Listing description (May 2024)

- Unique (approx) 47m2 Shop and 111m2 Residence on one title
- Ideal for professionals looking for an office offering great exposure and residence above (with separate entrance) or Investors looking for two income streams
- Returning $49,000pa on a fully leased basis.

- Located in vibrant boutique shopping precinct surrounded by residential properties and two of the areas most recognised schools.
- Residence contains two bedrooms, open plan living area, bathroom, laundry and North facing balcony. Features Stone benchtops, stainless steel appliances, hardwood floors, split system air-conditioning and is leased until Jan 2025 at $1,977pcm.
- Retail space currently leased until June 2024 comprises an open space, and kitchenette features split system, security system, 3 phase power.

Note - both properties are separately metered for Gas, Electricity and Water.

Inspections By Appointment Only

Property History for 1/33 Pascoe St, Pascoe Vale, VIC 3044

A timeline of how this property has performed in the market
Last Sold
$650,000
01 May 2024
Listed for Rent
$450/w
13 Jan 2023
  • 01 May 2024
    Sold for $650,000
  • 15 Dec 2023
    Listed for Sale Contact Agent
  • 01 Jul 2023
    Listed for Sale Contact Agent
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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 9,815 properties. Over the last 5 years, Houses in Pascoe Vale have seen a 17.26% increase in median value, while Units have seen a 10.85% increase. As at 31 October 2024:

  • The median value for Houses in Pascoe Vale is $1,051,180 while the median value for Units is $640,849.
  • Houses have a median rent of $600 while Units have a median rent of $520.
There are currently 51 properties listed for sale, and 13 properties listed for rent in Pascoe vale on OnTheHouse. According to CoreLogic's data, 524 properties were sold in the past 12 months in Pascoe vale.

Suburb Insights for Pascoe Vale 3044

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Contact agent
Peter Leahy
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Jacob Gioulekas
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Peter Leahy Real Estate - Coburg
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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.