OFF MARKET

48 Mccormicks Road
Skye VIC 3977

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 375m2
Land area: 2022m2
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Last updated 11 Nov 2024
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Property Details for 48 Mccormicks Rd, Skye

48 Mccormicks Rd, Skye is a 0 bedroom, 0 bathroom House and was built in 1974. The property has a land size of 2022m2 and floor size of 375m2. While the property is not currently for sale or for rent, it was last sold in March 2022.

Building Type
House
Year Built
1974
Floor Size
375m2
Land Size
2022m2
Local Government
Frankston
Lot/Plan
7~2/PP5718

Last Listing description (July 2024)

This is an outstanding chance to acquire a sizable 2022m2 approx. allotment that is situated in a vibrant neighbourhood with plenty of amenities.
This half-acre (approx.) flat allotment is well situated to be turned into 10 contemporary townhouses (STCA) or childcare (STCA) in close proximity to stores, parks, public transportation, and excellent schools. This is a very uncommon and exciting opportunity so near to the Carrum Downs Plaza. Conveniently placed in the heart of the city, a multi-unit building can satisfy the desire for modern turnkey living. Rent right now is $1030 per week. Currently at ease, carry on renting out or moving in while putting plans and permissions in place. Easily accessible elementary schools, daycare centres, Carrum Downs Secondary College, and Flinders Christian College are all nearby, as well as Carrum Downs Plaza. buses provide good service, Motorways Eastlink and Peninsula.

For more information please call Gary on 0402 206 604.

Property History for 48 Mccormicks Rd, Skye, VIC 3977

A timeline of how this property has performed in the market
Last Sold
$1,500,000
10 Mar 2022
Listed for Rent
$800/w
19 Sep 2022
  • 07 Feb 2024
    Listed for Sale EXPRESSION OF INTEREST
  • 30 May 2023
    Listed for Sale UNDER CONTRACT!
  • 14 Aug 2022
    Listed for Rent $800 / week
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About Skye 3977

The size of Skye is approximately 16.6 square kilometres. It has 13 parks covering nearly 2.2% of total area. The population of Skye in 2011 was 7,484 people. By 2016 the population was 8,086 showing a population growth of 8.0% in the area during that time. The predominant age group in Skye is 40-49 years. Households in Skye are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Skye work in a trades occupation. In 2011, 80.5% of the homes in Skye were owner-occupied compared with 78.2% in 2016.

Skye has 3,208 properties. Over the last 5 years, Houses in Skye have seen a 24.41% increase in median value, while Units have seen a 28.82% increase. As at 31 October 2024:

  • The median value for Houses in Skye is $782,369 while the median value for Units is $601,130.
  • Houses have a median rent of $615 while Units have a median rent of $505.
There are currently 10 properties listed for sale, and no properties listed for rent in Skye on OnTheHouse. According to CoreLogic's data, 133 properties were sold in the past 12 months in Skye.

Suburb Insights for Skye 3977

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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.