SOLD
RECENT ADVICE
Sold on 26 Jun 2024 for $860,000

30 Burgundy Street
Pascoe Vale VIC 3044

Bedrooms: 4
Bathrooms: 1
Car spaces: 1
Floor area: 187m2
Land area: 420m2
Sold By
Jellis Craig Pascoe Vale
Save

Property Details for 30 Burgundy St, Pascoe Vale

30 Burgundy St, Pascoe Vale is a 4 bedroom, 1 bathroom House with 1 parking spaces and was built in 1980. The property has a land size of 420m2 and floor size of 187m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 4 bedroom House sold in Pascoe Vale in the last 12 months.

Building Type
House
Year Built
1980
Floor Size
187m2
Land Size
420m2
Local Government
Merri-Bek
Lot/Plan
7/LP5561

Last Listing description (October 2024)

Located in the thriving community of Pascoe Vale, this property offers a unique investment opportunity, thanks to its placement in a Residential Growth Zone - Schedule 2 (RGZ - 2). Currently tenanted, the property provides immediate rental returns and holds significant potential for future growth and development. The residence features four well-proportioned bedrooms, making it an idea. The designation of the property within a Residential Growth Zone (RGZ - 2) underscores its potential for development, subject to council approval. This zoning opens up possibilities for significant enhancements or redevelopment, making it an attractive option for investors looking to capitalise on the area's growth prospects.
Situated close to essential amenities including schools, shops, and public transport, this property combines the convenience of urban living with the benefits of a secure residential setting. This home is more than just a dwelling; it's a strategic investment in one of Pascoe Vale's most sought-after locations, promising both immediate benefits and exciting future possibilities.

Property History for 30 Burgundy St, Pascoe Vale, VIC 3044

A timeline of how this property has performed in the market
Last Sold
$860,000
26 Jun 2024
Listed for Rent
$520/w
23 Sep 2021
  • 26 Jun 2024
    Sold for $860,000
  • 18 Jun 2024
    Listed for Sale Reserve $950,000
  • 01 May 2023
    Listed for Rent - Price not available
Sign in to see more transactions

Commute Calculator

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 9,813 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

Market Insights
Pascoe Vale Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Pascoe Vale Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.