SOLD
RECENT ADVICE
Sold on 05 Jul 2024 for $500,000

18 Banksia Way
South Morang VIC 3752

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Property Details for 18 Banksia Way, South Morang

18 Banksia Way, South Morang is a 2 bedroom, 2 bathroom Townhouse with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Townhouse sold in South Morang in the last 12 months.

Building Type
Townhouse

Last Listing description (July 2024)

Imagine your early morning walk by the lake, feeding the ducks, and watching the world go by.
Grab yourself that coffee and greet the locals on your leisurely walk to the train station, and on the weekends, decide to meet up with friends for a meal at Westfield Shopping, all within walking distance.

Entry-level accommodation is ideally suited for those of us just starting out, keen investors with an eye for their next investment, or downsizers who want the lifestyle offered in this prime location with everything at your fingertips while still aiding in school drop-offs.
Uniquely designed with two bedrooms, one bedroom and bathroom downstairs, plus European laundry.
The open-plan upper level hosts a stunning Stone kitchen with splashback and stainless steel appliances, including a pantry, breakfast bar, and dishwasher. Gleaming engineered timber flooring adds to the ambience and accentuates the light-filled space. The casual living and dining spill out onto a lavish balcony for larger family gatherings and all-year-round enjoyment.
Features include a single garage, internal access, split system heating and cooling, a hot water system, engineered flooring, splashbacks, downlights, and so much more.

Walking distance to Westfield, South Morang train Station, local shops, a hairdresser, cafes and eateries, Mary Mede College, South Morang primary and secondary schools, kindergartens, a lake, and recreational facilities

Property History for 18 Banksia Way, South Morang, VIC 3752

A timeline of how this property has performed in the market
Last Sold
$500,000
05 Jul 2024
  • 28 Jun 2024
    Sold for $500,000
  • 09 Aug 2023
    Listed for Sale Not Disclosed
  • 28 Apr 2021
    Sold for $410,000

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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 10,959 properties. Over the last 5 years, Houses in South Morang have seen a 22.42% increase in median value, while Units have seen a 30.83% increase. As at 31 October 2024:

  • The median value for Houses in South Morang is $805,991 while the median value for Units is $536,137.
  • Houses have a median rent of $550 while Units have a median rent of $500.
There are currently 64 properties listed for sale, and 26 properties listed for rent in South morang on OnTheHouse. According to CoreLogic's data, 395 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.