40 Teatree Dr, South Morang is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 600m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 3 bedroom House sold in South Morang in the last 12 months.
Excellent presentation, plenty of space and sensational outdoor entertaining are outstanding hallmarks of this immediately enjoyable three-bedroom family home, sited on a large 600sqm (approx.) block in one of South Morang's favourite addresses for family living: the Riverside Estate.
As a future resident of this premier family-oriented neighbourhood, you can expect an instant boost to your family's lifestyle. For the family with young children, you can complete the morning school run on foot given Morang South Primary School is only a footsteps away. From there, you could either head back home and enjoy a morning walk through the breathtaking Plenty Gorge Parklands, or grab a latte from the local café along the Gorge Road shopping strip, which is also within walking distance. Add to the mix living within easy walking distance of the Riverside Community Activity Centre, the recently upgraded Riverside Reserve Playground, local bus services and scenic walking trails and outstanding access to excellent private schools, Westfield Plenty Valley, South Morang train station, Rivers of Yarrambat, medical clinics and HomeCo South Morang and it's clear why this location is highly sought.
A welcoming living area greets your arrival and instantly appeals with its warm timber flooring, light-filled appearance and spacious nature, while a bright family-sized kitchen delights with its roomy benchtops and ample storage space.
Host large-scale gatherings any time of year with ease beneath the shelter of the large paved alfresco, while the secure nature of the north-facing backyard allows the kids to play outside in the sunshine with freedom.
All three bedrooms are carpeted for comfort and serviced by two excellent bathrooms (ensuite to main); separate laundry, ducted heating, evaporative cooling and a remote double garage are further highlights of this family lifestyle upgrade!
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 10,947 properties. Over the last 5 years, Houses in South Morang have seen a 25.27% increase in median value, while Units have seen a 31.25% increase. As at 30 September 2024:
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