15 Gorge Rd, South Morang is a 3 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 2008. The property has a land size of 213m2 and floor size of 132m2.
$250,000 Plus
In years gone by, many astute investors targeted brand new homes in newly developing areas on the outskirts of Melbourne. They looked for areas that were well serviced by schools and transport, with major shopping centres to be built, then they got in before the price rises that inevitably follow growing demand!
Nowadays, these areas are well-established suburbs like Greensborough and Doncaster. But there is now a new opportunity to get in early in a NEW growth corridorand if youre quick you could be one of the astute investors who gets in before the next wave of buyers!
The size of South Morang is approximately 21 square kilometres. It has 70 parks covering nearly 37.1% of total area. The population of South Morang in 2011 was 20,873 people. By 2016 the population was 24,043 showing a population growth of 15.2% in the area during that time. The predominant age group in South Morang is 30-39 years. Households in South Morang are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in South Morang work in a professional occupation. In 2011, 79.3% of the homes in South Morang were owner-occupied compared with 76.9% in 2016.
South Morang has 10,996 properties. Over the last 5 years, Houses in South Morang have seen a 15.45% increase in median value, while Units have seen a 24.17% increase. As at 31 January 2025:
N/A
N/A
View TrendN/A
N/A
N/A
N/A
View TrendN/A
N/A
© Copyright 2025 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.