OFF MARKET

14 Lake Avenue
Pascoe Vale VIC 3044

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 124m2
Land area: 857m2
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Property Details for 14 Lake Ave, Pascoe Vale

14 Lake Ave, Pascoe Vale is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 857m2 and floor size of 124m2. While the property is not currently for sale or for rent, it was last sold in July 2023.

Building Type
House
Year Built
1960
Floor Size
124m2
Land Size
857m2
Local Government
Merri-Bek
Lot/Plan
20/LP9577

Last Listing description (July 2024)

Raphael Houston proudly presents...

This versatile property presents lucrative possibilities for development. Sitting opposite Pascoe Vale Girls College and positioned along Westbreen Creek's verdant crescent, this blue-chip NRZ1 property takes pride of place in one of Pascoe Vale's most sought-after corridors.

The flexibility afforded by its approximately 857 sqm allotment invites a variety of uses, most notably multi-residential building to accommodate an area that is seeing increased demand for higher-density development. Its 45.8m deep landholding suggests the opportunity to create something truly special.

Given its outstanding position within steps of leading local schools, and proximity to Oak Park station, the option of transforming this humble allotment undoubtedly appeals to those looking to make their mark on the urban landscape.

Highlights
Substantial 857 sqm (approx) allotment
18.7m frontage
Clear, level dimensions
Blue-chip corridor
Dual crossovers already in place
Opposite Pascoe Vale Girls College
Steps from leading local schools
Walk to Oak Park station
Surrounded by local parks

Property History for 14 Lake Ave, Pascoe Vale, VIC 3044

A timeline of how this property has performed in the market
Last Sold
$1,070,000
27 Jul 2023
Listed for Rent
$380/w
14 Jun 2022
  • 27 Jul 2023
    Sold for $1,070,000
  • 05 Jul 2023
    Listed for Sale Not Disclosed
  • 26 May 2022
    Listed for Rent $380 / week
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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 9,817 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 53 properties listed for sale, and 16 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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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.