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Overview
This property offers a versatile opportunity on a generously sized, near-level block of approximately 864 square metres situated close to Mooroolbark Station, blending practicality with potential.
The residence features three bedrooms and a functional living area that can be comfortably enjoyed today, while the expansive land invites future possibilities such as renovation, subdivision, or redevelopment, subject to council approval (STCA).
The design incorporates well-worn living spaces that enhance daily comfort, including a kitchen adjoining open living areas and a heating system for year-round coziness. The main bedroom benefits from pleasant natural light and dual aspect windows, creating an inviting retreat.
Outdoor spaces include a covered alfresco, overlooking the substantial backyard, ideal for family activities or entertaining. The large backyard provides room to extend or enhance the home and is well suited to families and downsizers who value space and flexibility.
The location benefits from proximity to schools, shopping precincts, parks, and public transport routes which underpin convenience and accessibility, making it suitable for those looking to secure a property with solid lifestyle foundations and long-term growth options.
- Generous land size with future subdivision or development potential
- A three-bedroom home with heating and covered outdoor living
- Close to transport, schools, parks, and shopping
- Flexible lifestyle options for families, investors or developers
Overall, this property provides a solid foothold in a well-established suburb, combining immediate liveability and the promise of future enhancement or investment, appealing to those with a forward-thinking approach in a sought-after location.
Local Market Insights
In Mooroolbark, Quiet Listings observed 11 new houses entering the market over the last 30 days, down from 20 during the previous 30-day period, with an average advertised asking price of $846,818. The property type mix of listed properties is predominantly Houses at 73%, followed by townhouses (13%), and units (7%). The most active agency for houses in the Mooroolbark area is currently Jellis Craig, representing 64% of new listings, followed by Noel Jones with 18%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Market Insights for Mooroolbark VIC 3138
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