398 Somerset Park RoadStrathfieldsaye VIC 3551
Property Details for 398 Somerset Park Rd, Strathfieldsaye
398 Somerset Park Rd, Strathfieldsaye is a 4 bedroom, 2 bathroom House with 4 parking spaces. The property has a land size of 16617m2. While the property is not currently for sale or for rent, it was last sold in December 2004.
Last Listing description (October 2016)
- A short distance from Strathfieldsaye shopping centre, this property is hidden in plain sight and is more than meets the eye. It is located within the Residential Strategy Plan for Strathfieldsaye and has a valuable General Residential zoning.
- Publicly available information reveals that the neighbouring housing estate fronting Strathfieldsaye Road will soon expand past Dukes Lane and into the land on the left of Somerset Park Road.
- This presents an opportunity for the property to be further developed (subject to council approval) now or at the time of your choosing. Alternatively, you may wish to hold the 1.62 hectare (four acre) property in its entirety and enjoy a private family oasis.
- The existing four bedroom home has been lovingly maintained, is ready to occupy and meets all the needs of a family. The property has a great shed, outdoor living and play areas plus a three megalitre water right from the Emu Valley Number 2 Eppalock Channel to the dam.
- The creative buyer will see the opportunity here to transform the existing house with a clever renovation on a budget and create a modern home with excellent access to the city via either Strathfieldsaye or Junortoun arterial roads.
Property History for 398 Somerset Park Rd, Strathfieldsaye, VIC 3551
- 22 Mar 2016Listed for Sale Selling Now: $780,000 - $850,000
- 03 Dec 2004Sold for $335,000
- 24 Sep 1993Sold for $175,000
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About Strathfieldsaye 3551
The size of Strathfieldsaye is approximately 30.1 square kilometres. It has 12 parks covering nearly 26.5% of total area. The population of Strathfieldsaye in 2011 was 4,647 people. By 2016 the population was 5,430 showing a population growth of 16.8% in the area during that time. The predominant age group in Strathfieldsaye is 0-9 years. Households in Strathfieldsaye are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Strathfieldsaye work in a professional occupation. In 2011, 87.9% of the homes in Strathfieldsaye were owner-occupied compared with 84.3% in 2016.
Strathfieldsaye has 3,501 properties. Over the last 5 years, Houses in Strathfieldsaye have seen a 43.76% increase in median value, while Units have seen a 101.59% increase. As at 30 November 2024:
- The median value for Houses in Strathfieldsaye is $743,503 while the median value for Units is $575,723.
- Houses have a median rent of $565.
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