SOLD
Sold on 21 May 2024 for $850,000

11/42 Global Drive
Westmeadows VIC 3049

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 520m2
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Property Details for 11/42 Global Dr, Westmeadows

Building Type
Commercial
Land Size
520m2
Local Government
Hume
Lot/Plan
11/PS537879

Last Listing description (October 2023)

Rutherfords Real Estate are pleased to offer this first floor office opportunity located just moments from the Mickleham Road/Tullamarine Freeway interchange. The property is also located close to Melbourne Airport.

Features:
- 306m2 office space approx*

- 20 car spaces on title
- Generous kitchen/staff lunchroom and reception area
- Heating/cooling throughout
- Alarm system

For more information please call Lee Murray 0411 748 452 or Ronnie Rezk 0411 919 112

Disclaimer:
The information contained in the material Rutherfords has supplied (the "information") is for general information purposes only. Rutherfords assume no responsibility for errors, representations, or omissions in the contents of the information.

In no event shall Rutherfords be liable for any special, direct, indirect, consequential, or incidental damages or any damages whatsoever, whether in an action of contract negligence or other torts, arising out of or in connection with the use of the Information or the contents of the information. Rutherfords reserves the right to make additions, deletions or modification to the contents of the information at any time without prior notice.

Property History for 11/42 Global Dr, Westmeadows, VIC 3049

A timeline of how this property has performed in the market
Last Sold
$850,000
21 May 2024
Listed for Rent
$73k/w
02 Oct 2023
  • 21 May 2024
    Sold for $850,000
  • 17 Oct 2023
    Listed for Sale $1,050,000 + GST
  • 28 Aug 2023
    Listed for Rent $73,499 / year
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About Westmeadows 3049

The size of Westmeadows is approximately 4.8 square kilometres. It has 12 parks covering nearly 33.6% of total area. The population of Westmeadows in 2011 was 5,522 people. By 2016 the population was 5,846 showing a population growth of 5.9% in the area during that time. The predominant age group in Westmeadows is 20-29 years. Households in Westmeadows are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Westmeadows work in a clerical occupation. In 2011, 77.2% of the homes in Westmeadows were owner-occupied compared with 74.1% in 2016.

Westmeadows has 3,267 properties. Over the last 5 years, Houses in Westmeadows have seen a 23.04% increase in median value, while Units have seen a 25.37% increase. As at 31 August 2024:

  • The median value for Houses in Westmeadows is $734,926 while the median value for Units is $563,669.
  • Houses have a median rent of $530 while Units have a median rent of $500.
There are currently 11 properties listed for sale, and 2 properties listed for rent in Westmeadows on OnTheHouse. According to CoreLogic's data, 100 properties were sold in the past 12 months in Westmeadows.

Suburb Insights for Westmeadows 3049

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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.