OFF MARKET

42 Gorge Road
South Morang VIC 3752

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 92m2
Land area: 605m2
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Property Details for 42 Gorge Rd, South Morang

42 Gorge Rd, South Morang is a 2 bedroom, 1 bathroom House and was built in 1965. The property has a land size of 605m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in June 2020.

Building Type
House
Year Built
1965
Floor Size
92m2
Land Size
605m2
Local Government
Whittlesea
Lot/Plan
1/LP75281

Last Listing description (August 2023)

Site Area: 1157 M2* on two separate titles

Zoning: General Residential Zone - Schedule 5


Road frontage: Combined road frontage of 38M*

Local Council: Whittlesea

Location: The property is close to excellent amenities including Westfield Plenty Valley Shopping Centre, homemaker centre, shopping strip on Gorge Road, South Morang train station about 2.7km* and parklands and lookouts close to the property. Great connectivity to Melbourne's CBD (18km*) via Plenty Road and to Melbourne Airport (20km*) via the Metropolitan Ring Road.



42 Gorge Road, South Morang:
On a generous allotment of 605M2*, the home comprises 2 bedrooms, an updated kitchen/meals, spacious open plan living and a covered outdoor entertaining area. The home features ducted heating and SS cooling. Currently leased at $1400 PCM

44 Gorge Road, South Morang:
On a generous allotment of 553M2*, the home comprises 2 bedrooms, a kitchen/meals and a separate living. The home features gas heating, SS Cooling, high ceilings, security shutters and offers an oversize double garage/workshop. Currently leased at $1340 PCM



Key Attributes:

- The subject site sits on two separate titles consisting of two homes with two bedroom dwellings yielding $2740 PCM from two tenancies

- Potential development options include a townhouse or apartment project, childcare or medical centre - (STCA)

- Offering combined frontage of 38m* to Gorge Road for major exposure and access for a commercial outcome (STCA)

- Public transport provided by a bus route on Gorge Road, plus train and train options only a short distance away



*Approximately

For further information please contact the exclusive sales and marketing agents at Goldbank Group:

Satnam Pabla
+61 417 035 226


Goldy Shrma
+61 422 460 285

Property History for 42 Gorge Rd, South Morang, VIC 3752

A timeline of how this property has performed in the market
Last Sold
$525,000
17 Jun 2020
Listed for Rent
$310/w
08 Mar 2019
  • 21 Sep 2022
    Listed for Sale Contact Agent
  • 17 Jun 2020
    Sold for $525,000
  • 09 Jun 2020
    Listed for Sale Under Offer
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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.