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Sold on 19 Oct 2024 - Price Unavailable

78 Reid Street
South Morang VIC 3752

Bedrooms: 3
Bathrooms: 1
Car spaces: 5
Land area: 776m2
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Property Details for 78 Reid St, South Morang

78 Reid St, South Morang is a 3 bedroom, 1 bathroom House with 5 parking spaces. The property has a land size of 776m2. 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.

Building Type
House
Land Size
776m2

Last Listing description (October 2024)

Prime Development Opportunity in an Unbeatable Location

Set on a generous 776sqm (approx) allotment, this property offers outstanding development potential. Whether you're looking to build multiple units (STCA), a medical center, or childcare facility, the possibilities are endless. With solid "good bones," it also provides a fantastic renovation project for those looking to restore its charm, or it's perfect for a knockdown and rebuild.

Located just minutes from Morang South Primary School, Westfield Plenty Valley, and the train station, this property is surrounded by essential amenities, making it a prime investment or family home opportunity.

AUCTION WILL BE ON-SITE & ONLINE. To bid online, you must register to bid at least 2 hours prior to auction.
To register, bid or view the live auction, visit: https://anywhereauctions.com.au/app/property?propertyId=48124

Property History for 78 Reid St, South Morang, VIC 3752

A timeline of how this property has performed in the market
Last Sold
19 Oct 2024
  • 19 Oct 2024
    Sold for $725,000
  • 23 Sep 2024
    Listed for Sale Auction Sat 19 Oct 2pm
  • 16 Apr 1991
    Sold for $110,000
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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 10,996 properties. Over the last 5 years, Houses in South Morang have seen a 20.35% increase in median value, while Units have seen a 27.04% increase. As at 30 November 2024:

  • The median value for Houses in South Morang is $805,836 while the median value for Units is $523,806.
  • Houses have a median rent of $550 while Units have a median rent of $500.
There are currently 47 properties listed for sale, and 25 properties listed for rent in South morang on OnTheHouse. According to CoreLogic's data, 433 properties were sold in the past 12 months in South morang.

Suburb Insights for South Morang 3752

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Contact agent
Petar Djeparoski
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Chamara Adihetty
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Ray White South Morang
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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.