SOLD
Sold on 08 Apr 2024 for $2,700,000

756 Plenty Road
South Morang VIC 3752

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 23472m2
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Property Details for 756 Plenty Rd, South Morang

Building Type
Land
Land Size
23472m2
Local Government
Whittlesea
Lot/Plan
1/PS526070

Last Listing description (March 2023)

FOR SALE | BUCKINGHAM & COMPANY COMMERCIAL
Whether you're looking just to land bank, develop or even open up a business this could be the place you're looking for.

Land bank or development opportunity (STCA)

Huge Plenty Road frontage providing huge exposure
Substantial infrastructure for continued or similar type business use
Approx 5.8 acres
Zoning GRZ1
Short drive to South Morang Train Station and Plenty Valley Shopping Centre

Inspections by appointment.
Contact: Terry Gazelle 0438 196 480

Property History for 756 Plenty Rd, South Morang, VIC 3752

A timeline of how this property has performed in the market
Last Sold
$2,700,000
08 Apr 2024
  • 08 Apr 2024
    Sold for $2,700,000
  • 03 Feb 2023
    Listed for Sale Contact Agent
  • 26 Jul 2004
    Sold for $1,550,000

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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 10,949 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:

  • The median value for Houses in South Morang is $811,003 while the median value for Units is $525,640.
  • Houses have a median rent of $550 while Units have a median rent of $500.
There are currently 50 properties listed for sale, and 24 properties listed for rent in South morang on OnTheHouse. According to CoreLogic's data, 398 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.