SOLD
Sold on 10 Apr 2024 for $590,000

5/2-4 Park Road
Surrey Hills VIC 3127

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 84m2
Land area: 841m2
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Property Details for 5/2-4 Park Rd, Surrey Hills

5/2-4 Park Rd, Surrey Hills is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2004. The property has a land size of 841m2 and floor size of 84m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 2 bedroom Unit sold in Surrey Hills in the last 12 months.

Building Type
Unit
Year Built
2004
Floor Size
84m2
Land Size
841m2
Local Government
Whitehorse
Lot/Plan
5/PS514449

Last Listing description (April 2024)

Two levels of stylish living in Fabolous location
Nestled within the serene surroundings of Surrey Hills, discover a modern sanctuary tailored for convenience and comfort. This meticulously crafted double-Storey town residence, nestled within a boutique complex, for first-time, professionals and investors.

Boasting a sleek contemporary aesthetic, this residence is a mere stone's throw from the sprawling Wattlepark and a bustling array of vibrant cafes and boutique shops. Beyond its immediate charm lies a prime investment opportunity, thanks to its central location near Deakin University, public transportation hubs, and bustling shopping precincts.

Step inside to find beautifully presented interiors with premium finishes, including luxurious floating floors and European appliances. This open-plan layout transitions to a private balcony, perfect for indoor-outdoor entertaining or simply unwinding after a long day.

Key features include Caesarstone countertops, stainless steel appliances, built-in robes, an intercom system, Euro laundry facilities, and reverse cycle heating and cooling. Secure basement parking and entry provide peace of mind in this bustling locale.

Conveniently leased with a solid return of approximately $570 per week, this property offers both immediate allure and long-term value. Don't miss your chance to embrace a lifestyle of luxury and convenience in this sought-after locale.
Reach out today for more information or exclusive viewing.

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Property History for 5/2-4 Park Rd, Surrey Hills, VIC 3127

A timeline of how this property has performed in the market
Last Sold
$590,000
10 Apr 2024
Listed for Rent
$550/w
15 Nov 2023
  • 10 Apr 2024
    Sold for $590,000
  • 18 Mar 2024
    Listed for Sale Not Disclosed
  • 26 Apr 2021
    Listed for Rent $475 / 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 6,897 properties. Over the last 5 years, Houses in Surrey Hills have seen a 13.40% increase in median value, while Units have seen a 7.56% increase. As at 31 October 2024:

  • The median value for Houses in Surrey Hills is $2,288,288 while the median value for Units is $903,722.
  • Houses have a median rent of $940 while Units have a median rent of $580.
There are currently 11 properties listed for sale, and 7 properties listed for rent in Surrey hills on OnTheHouse. According to CoreLogic's data, 309 properties were sold in the past 12 months in Surrey hills.

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