SOLD
Sold on 19 Feb 2024 for $827,000

3/18 Essex Road
Surrey Hills VIC 3127

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 83m2
Land area: 155m2
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Marshall White
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Property Details for 3/18 Essex Rd, Surrey Hills

3/18 Essex Rd, Surrey Hills is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1960. The property has a land size of 155m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom Unit sold in Surrey Hills in the last 12 months.

Building Type
Unit
Year Built
1960
Floor Size
83m2
Land Size
155m2
Local Government
Boroondara
Lot/Plan
3/RP1837

Last Listing description (February 2024)

This delightful villa unit presents an exceptional value and promising future capital gains potential, underpinned by its sought-after location in the leafy, tree-lined Surrey Hills English Counties precinct. Offering an enticing opportunity for first home buyers, downsizers, or savvy investors alike, this home is positioned towards the rear of a boutique complex of only four villas.

The interior features polished timber floors flowing throughout the combined north-facing sitting and dining room and stylish kitchen with stone benchtops. An adjoining laundry leads to a private rear courtyard garden, ideal for outdoor living and relaxation. Also includes two bedrooms with built-in robes and a pristine bathroom.

Other notable features are air conditioning in the living room, overhead fans in both bedrooms, and a single garage with direct courtyard access. This coveted residential location, boutique setting, and move-in ready condition make this villa an appealing low maintenance lifestyle investment

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Property History for 3/18 Essex Rd, Surrey Hills, VIC 3127

A timeline of how this property has performed in the market
Last Sold
$827,000
19 Feb 2024
Listed for Rent
$450/w
07 Jan 2022
  • 19 Feb 2024
    Sold for $827,000
  • 19 Jan 2024
    Listed for Sale $800,000 - $850,000
  • 07 Jan 2022
    Listed for Rent $450 / week
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About Surrey Hills 3127

The size of Surrey Hills is approximately 4.4 square kilometres. It has 13 parks covering nearly 3.4% of total area. The population of Surrey Hills in 2011 was 13,132 people. By 2016 the population was 13,605 showing a population growth of 3.6% in the area during that time. The predominant age group in Surrey Hills is 40-49 years. Households in Surrey Hills are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Surrey Hills work in a professional occupation. In 2011, 76.1% of the homes in Surrey Hills were owner-occupied compared with 76.3% in 2016.

Surrey Hills has 6,917 properties. Over the last 5 years, Houses in Surrey Hills have seen a 14.35% increase in median value, while Units have seen a 8.88% increase. As at 30 September 2024:

  • The median value for Houses in Surrey Hills is $2,274,380 while the median value for Units is $896,462.
  • Houses have a median rent of $930 while Units have a median rent of $565.
There are currently 9 properties listed for sale, and 2 properties listed for rent in Surrey hills on OnTheHouse. According to CoreLogic's data, 310 properties were sold in the past 12 months in Surrey hills.

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