SOLD
Sold on 15 May 2024 for $918,500

233 Melville Road
Pascoe Vale South VIC 3044

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 3m2
Land area: 152m2
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Property Details for 233 Melville Rd, Pascoe Vale South

Building Type
Commercial
Floor Size
3m2
Land Size
152m2
Local Government
Merri-Bek
Lot/Plan
6/LP22749

Last Listing description (February 2023)

A perfect fully renovated boutique shop / office / accommodation opportunity right in heart of Pascoe Vale South. The total land measures approximately 153sqm & 155sqm internal. 2 car lock up space from ROW. Situated in the busy and popular Melville Road shopping strip and business precinct, with tram on your doorstep. Buses & trains close by for instant access to and from Melbourne CBD. Less than 15 mins to Melbourne International Airport

Prime & Affordable

Sensational renovation
Busy shopping precinct
High performance location
Incredibly attractive rent & terms
Ideal uses may include:
Professional offices, Retail, Medical consulting suites
or Caf/restaurant (STCA).

For All Enquiries
Contact Morris Del Monte
0418 395 593

Property History for 233 Melville Rd, Pascoe Vale South, VIC 3044

A timeline of how this property has performed in the market
Last Sold
$918,500
15 May 2024
Listed for Rent
$39k/w
09 Feb 2023
  • 15 May 2024
    Sold for $918,500
  • 25 Feb 2021
    Listed for Rent $39,000 / year
  • 02 Apr 2006
    Listed for Sale Inviting offers over $360,000
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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 4,870 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 4 properties listed for rent in Pascoe vale south on OnTheHouse. According to CoreLogic's data, 180 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.