SOLD
Sold on 24 Jul 2024 for $1,450,000

162 Melville Road
Pascoe Vale South VIC 3044

Bedrooms: 4
Bathrooms: 2
Car spaces: 1
Floor area: 131m2
Land area: 470m2
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Property Details for 162 Melville Rd, Pascoe Vale South

162 Melville Rd, Pascoe Vale South is a 4 bedroom, 2 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 470m2 and floor size of 131m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 4 bedroom House sold in Pascoe Vale South in the last 12 months.

Building Type
House
Year Built
1950
Floor Size
131m2
Land Size
470m2
Local Government
Merri-Bek
Lot/Plan
502/LP10442

Last Listing description (April 2024)

A carefully maintained classic, attractively situated in the coveted Strathmore College zone, this spacious two bedroom house delivers automatic appeal to a range of buyers.
Immediately liveable, with excellent renovation and extension potential (subject to relevant approvals), it's a welcoming base presenting a prime opportunity to establish yourself in a dynamic locale. Harking back to the middle of last century, displaying high ceilings with decorative details, timber architraves and plate rails, the elevated and impeccable home flows from living room to dining room, complemented by a kitchen/meals, substantial sunroom and covered entertaining area. Neat gardens further appeal, bedrooms host built-in robes, and the updated bathroom has a walk-in shower and is centrally positioned. Off street parking is taken care of by a long driveway and garage, but you won't need a car living on the scenic tram route 58.
A short stroll to Shore Reserve, close to schools, restaurants and Bell Street shops, it's also near buzzing Sydney Road and CityLink access, bringing the best of Melbourne's cultural, retail, educational, dining and sporting highlights within easy reach.

Property History for 162 Melville Rd, Pascoe Vale South, VIC 3044

A timeline of how this property has performed in the market
Last Sold
$1,450,000
24 Jul 2024
  • 24 Jul 2024
    Sold for $1,450,000
  • 16 Feb 2024
    Sold for $930,000
  • 09 Jan 2024
    Listed for Sale Contact Agent
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About Pascoe Vale South 3044

The size of Pascoe Vale South is approximately 3.1 square kilometres. It has 10 parks covering nearly 5.2% of total area. The population of Pascoe Vale South in 2011 was 9,532 people. By 2016 the population was 10,055 showing a population growth of 5.5% in the area during that time. The predominant age group in Pascoe Vale South is 40-49 years. Households in Pascoe Vale South are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Pascoe Vale South work in a professional occupation. In 2011, 77.2% of the homes in Pascoe Vale South were owner-occupied compared with 76.6% in 2016.

Pascoe Vale South has 4,869 properties. Over the last 5 years, Houses in Pascoe Vale South have seen a 22.06% increase in median value, while Units have seen a 4.25% increase. As at 31 October 2024:

  • The median value for Houses in Pascoe Vale South is $1,178,619 while the median value for Units is $619,125.
  • Houses have a median rent of $660 while Units have a median rent of $510.
There are currently 12 properties listed for sale, and 3 properties listed for rent in Pascoe vale south on OnTheHouse. According to CoreLogic's data, 179 properties were sold in the past 12 months in Pascoe vale south.

Suburb Insights for Pascoe Vale South 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.