OFF MARKET

50 The Avenue
Spotswood VIC 3015

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 126m2
Land area: 522m2
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Property Details for 50 The Avenue, Spotswood

50 The Avenue, Spotswood is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 522m2 and floor size of 126m2. While the property is not currently for sale or for rent, it was last sold in May 2021.

Building Type
House
Year Built
1960
Floor Size
126m2
Land Size
522m2
Local Government
Hobsons Bay
Lot/Plan
3/LP15370

Last Listing description (August 2021)

Perfect Potential in a Prime Position

Situated in a wonderfully convenient Inner West neighbourhood with easy access to the area's key lifestyle attractions, this oversized allotment (521m2) provides a range of exciting options particularly for those looking to rebuild or redevelop (STCA).

Currently occupied by a 3 bedroom single-level home, the block itself is definitely the main attraction with its approved planning permit with endorsed plans to construct two new townhouses.

Located walking distance to Spotswood train station, primary schools, kindergartens, parkland, childcare services, the Westgate Golf Club, multiple sports clubs and the Hudsons Road shops including cafes, restaurants, bars, retail stores and supermarket, this is the perfect inner-city location. And with direct freeway access less than 2 minutes away you are only a 15-minute drive to either the Melbourne CBD or Williamstown beach.

Property History for 50 The Avenue, Spotswood, VIC 3015

A timeline of how this property has performed in the market
Last Sold
$1,100,000
19 May 2021
Listed for Rent
$500/w
03 Aug 2018
  • 19 May 2021
    Sold for $1,100,000
  • 09 Apr 2021
    Listed for Sale $1,000,000 - $1,100,000
  • 07 Oct 2018
    Listed for Sale Price Upon Application
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About Spotswood 3015

The size of Spotswood is approximately 3 square kilometres. It has 11 parks covering nearly 14.5% of total area. The population of Spotswood in 2011 was 2,338 people. By 2016 the population was 2,602 showing a population growth of 11.3% in the area during that time. The predominant age group in Spotswood is 30-39 years. Households in Spotswood are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Spotswood work in a professional occupation. In 2011, 66.8% of the homes in Spotswood were owner-occupied compared with 66% in 2016.

Spotswood has 1,907 properties. Over the last 5 years, Houses in Spotswood have seen a 9.39% increase in median value, while Units have seen a 9.19% increase. As at 31 October 2024:

  • The median value for Houses in Spotswood is $1,118,363 while the median value for Units is $718,621.
  • Houses have a median rent of $690 while Units have a median rent of $595.
There are currently 6 properties listed for sale, and 3 properties listed for rent in Spotswood on OnTheHouse. According to CoreLogic's data, 62 properties were sold in the past 12 months in Spotswood.

Suburb Insights for Spotswood 3015

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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.