OFF MARKET

G08B/23 Cumberland Road
Pascoe Vale South VIC 3044

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Car spaces: -
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Property Details for G08b/23 Cumberland Rd, Pascoe Vale South

Building Type
Unknown
Year Built
2016
Local Government
Merri-Bek
Lot/Plan
BG08/PS726799

Last Listing description (July 2023)

This remarkable apartment, located in the captivating Pasco complex, combines contemporary elegance with unparalleled convenience. It is perfect for downsizers, professional couples, astute investors, and first-time homebuyers alike.

As you step inside, an abundance of sunlight floods the sleek floorboards, creating a warm and inviting atmosphere with floor to ceiling windows. The generously proportioned meals/family area seamlessly connects to a stylish kitchen, which features premium stainless-steel Smeg appliances, stone benchtops and a Fisher and Paykel dishwasher.

The low-maintenance courtyard is a wonderful retreat for relaxation and provides ample space for entertaining throughout the year. The two generously sized bedrooms feature gorgeous mirrored built-in robes, and they are complemented by a modern bathroom and a master ensuite with stone countertops.

In addition to these features, the apartment offers intercom entry, a secure storage cage, an underground car space, split system heating/cooling, and a communal barbecue area.

Situated in an enviable location, less than 10kms from the CBD, this residence provides excellent connectivity. It is conveniently located near CityLink, Moonee Ponds Creek Trail, parklands, Pascoe Vale Station, and Melville Road trams. Moreover, it falls within the highly regarded zoning of Pascoe Vale Primary School and Strathmore Secondary College.

Setting itself apart from other apartments in the building, this property boasts a unique feature—an expansive corner courtyard that enhances its overall appeal.

Potential rental return: $430 - $450 per week

Property History for G08b/23 Cumberland Rd, Pascoe Vale South, VIC 3044

A timeline of how this property has performed in the market
Last Sold
$525,000
27 Jun 2023
  • 27 Jun 2023
    Sold for $525,000
  • 07 Jun 2023
    Listed for Sale Under offer.

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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.