OFF MARKET

227 Melville Road
Pascoe Vale South VIC 3044

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 150m2
Land area: 154m2
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Property Details for 227 Melville Rd, Pascoe Vale South

Building Type
Commercial
Floor Size
150m2
Land Size
154m2
Local Government
Merri-Bek
Lot/Plan
9/LP22749

Last Listing description (August 2009)

REFURBISHED DOUBLE STORY BUILDING WITH GROUND FLOOR SHOP FRONT.
SHOWROOM PLUS AMENITIES WITH ROW.
ZONED BUSINESS 1

TWO BEDROOM APARTMENT WITH BIRS IN BOTH ROOMS, UPSTAIRS WITH SEPARATE SIDE ENTRANCE, HEATING/COOLING AND POLISHED FLOORBOARDS. CAN BE USED FOR RESIDENTIAL PURPOSES OR AS OFFICE SPACE.
PUBLIC TRANSPORT AT YOUR DOORSTEP TO THE CBD
GREAT RENTAL RETURN, CURRENTLY LEASED AT $2388.00PCM
THIS PROPERTY IS ONE OF A KIND & WILL BE OFFERED AS VACANT POSSESSION.

Property History for 227 Melville Rd, Pascoe Vale South, VIC 3044

A timeline of how this property has performed in the market
Last Sold
$515,000
25 Aug 2009
Listed for Rent
$300/w
18 May 2007
  • 25 Aug 2009
    Sold for $515,000
  • 19 Jul 2009
    Listed for Sale 520000
  • 11 Mar 2007
    Listed for Rent - Price not available
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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 4,893 properties. Over the last 5 years, Houses in Pascoe Vale South have seen a 14.81% increase in median value, while Units have seen a 3.95% increase. As at 30 November 2024:

  • The median value for Houses in Pascoe Vale South is $1,163,354 while the median value for Units is $631,500.
  • Houses have a median rent of $678 while Units have a median rent of $510.
There are currently 6 properties listed for sale, and 3 properties listed for rent in Pascoe vale south on OnTheHouse. According to CoreLogic's data, 181 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.