OFF MARKET

15 Gorge Road
South Morang VIC 3752

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 132m2
Land area: 213m2
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Last updated 10 Feb 2025
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Property Details for 15 Gorge Rd, South Morang

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.

Building Type
Unit
Year Built
2008
Floor Size
132m2
Land Size
213m2
Local Government
Whittlesea
Lot/Plan
1/PS422127

Last Listing description (September 2006)

$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!

Just 15 Brand new units to be built,
Built by a respected local Builder,
Choice of double and single storey,
Choice of 2 Bedrooms or 3 available,
All with lock up garages,
Many with their own street frontage,
HUGE stamp duty savings available,
Strong demand from quality tenants,
Prices start at just $265,000!
Dont be one of the many wholl look back on this opportunity in years to come and wish that theyd got in on the ground floor too!

Property History for 15 Gorge Rd, South Morang, VIC 3752

A timeline of how this property has performed in the market
  • 27 Jun 2006
    Listed for Sale Contact Agent

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About South Morang 3752

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:

  • The median value for Houses in South Morang is $787,369 while the median value for Units is $532,617.
  • Houses have a median rent of $560 while Units have a median rent of $500.
There are currently 50 properties listed for sale, and 41 properties listed for rent in South morang on OnTheHouse. According to CoreLogic's data, 444 properties were sold in the past 12 months in South morang.

Suburb Insights for South Morang 3752

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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.