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Sold on 27 Jun 2024 for $850,000

140-142 Mcivor Road
Strathdale VIC 3550

Bedrooms: 5
Bathrooms: 3
Car spaces: 5
Land area: 2279m2
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Property Details for 140-142 Mcivor Rd, Strathdale

140-142 Mcivor Rd, Strathdale is a 5 bedroom, 3 bathroom House with 5 parking spaces. The property has a land size of 2279m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 5 bedroom House sold in Strathdale in the last 12 months.

Building Type
House
Land Size
2279m2

Last Listing description (June 2024)

Situated in the affluent and highly sought after McIvor Hill precinct is this original yet timeless 1970’s family home that has stood the test of time. Sited on a large parcel of land measuring over half an acre (2279m2) and set amongst established trees offering privacy and a buffer from surrounding properties, the home is truly worthy of an extensive renovation to give it a new lease of life. Or, for the more savvy minded, the location and size of the block lends itself to subdivision and substantial redevelopment for a multi, high end townhouse site!

The existing home has many original features, endearing it to lovers of the period. It has been well loved and looked after through the years, being cherished by the one and only family since its construction. It is very livable for now whilst you decide what to do, and appears as solid as a rock structurally. Those in the know will welcome the fact that homes from this era bear a resemblance to many design elements that are popular in modern architecture, making it easier to work with when renovating or extending.

Boasting a spacious family sized floor plan that begins with four internal bedrooms (or three + study), each with their own built in robes or cabinetry, whilst he master bedroom has an ensuite, split system unit and access to a private outdoor sitting area. There is a family bathroom in terrific order that has a separate shower room – a design feature that is very practical in avoiding queue’s in the morning household rush! The large formal lounge is a real highlight, boasting a stunning open fire place as the centrepiece, lovely big windows and wallpaper that would be considered trendy right now! The kitchen forms part of the open plan section of the home which also incorporates the dining and informal second living area. The kitchen is as original as they come, and the appliances will need upgrading as soon as possible. There is good space to work with and lots of options for linking it to a stunning outdoor entertaining area outside. The laundry lies off the kitchen and completes the internal layout.

Separate to the main dwelling is a semi self-contained studio/bungalow with its own bathroom and separate toilet. It has built in cabinetry and desk space that is ideal for a home office even, or to house a teenager or in-laws. Other features include a triple garage at the front with power and water, solar panel system, a two car carport at the side, and loads of space to further enhance and grow your surrounds with a shed, outdoor living space and a pool. And don’t forget the huge potential to subdivide and further develop the block (STCA) if that’s your forte, as the site would make a terrific high end development project!

Such a brilliant and highly sought after location with convenience to supermarkets, parks, schools and walking distance to the CBD, this exciting and rare opportunity with so much potential is an absolute must to inspect and start those creative juices flowing!

Property History for 140-142 Mcivor Rd, Strathdale, VIC 3550

A timeline of how this property has performed in the market
Last Sold
$850,000
27 Jun 2024
  • 05 Nov 2024
    Listed for Rent $560 / week
  • 16 Jul 2024
    Sold for $850,000
  • 22 Apr 2024
    Listed for Sale $850,000 - $900,000

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About Strathdale 3550

The size of Strathdale is approximately 3.6 square kilometres. It has 7 parks covering nearly 7.2% of total area. The population of Strathdale in 2011 was 5,694 people. By 2016 the population was 5,682 showing a population decline of 0.2% in the area during that time. The predominant age group in Strathdale is 60-69 years. Households in Strathdale are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Strathdale work in a professional occupation. In 2011, 72.5% of the homes in Strathdale were owner-occupied compared with 70.7% in 2016.

Strathdale has 3,070 properties. Over the last 5 years, Houses in Strathdale have seen a 46.04% increase in median value, while Units have seen a 37.05% increase. As at 30 November 2024:

  • The median value for Houses in Strathdale is $686,388 while the median value for Units is $375,025.
  • Houses have a median rent of $500 while Units have a median rent of $400.
There are currently 12 properties listed for sale, and 4 properties listed for rent in Strathdale on OnTheHouse. According to CoreLogic's data, 114 properties were sold in the past 12 months in Strathdale.

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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.