112 Sherbourne Road, MONTMORENCY, VIC 3094

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112 Sherbourne Road, Montmorency VIC 3094

$790,000 - $869,000

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$790k - $830k Transparent Transparent Listing Based on an openly advertised listing price.

House 3 Beds 1 Bath 1 Car 1343 m²

Listed: 2 days ago

Updated: 10 hours ago

Overview

Set within the highly desirable Montmorency area, this property offers a rare combination of land size and development potential on an elevated, north-facing 1,343sqm allotment. The existing three-bedroom home provides a solid foundation for renovators or those looking to refresh a residence in a sought-after location. With minimal trees across the site, the land presents a versatile space ideal for expanding the current dwelling or pursuing redevelopment options subject to council approval.

The northerly aspect maximizes natural light and warmth throughout, enhancing comfort and energy efficiency, while the substantial land size invites creative residential possibilities, such as multiple dwellings for family or investment purposes.

Lifestyle convenience is enhanced by proximity to respected local schools including Sherbourne Primary, St Francis Xavier Primary, Montmorency Primary, and Montmorency Secondary College, making it attractive for families prioritizing education. Additionally, easy access to Montmorency Train Station supports efficient commuting options.

This substantial parcel in a tightly held neighbourhood is strategically positioned to appeal to a diverse range of buyers, from builders and developers seeking a significant project to homebuyers desiring a peaceful elevated site with excellent potential. The elevated setting ensures attractive outlooks and privacy, while the property's size provides scope for future growth and adaptation to changing needs.

Local Market Insights

In Montmorency, Quiet Listings observed 18 new houses entering the market over the last 30 days, up from 14 during the previous 30-day period, with an average advertised asking price of $1,002,778. The property type mix of listed properties is predominantly Houses at 82%, followed by townhouses (9%), and units (5%). The most active agency for houses in the Montmorency area is currently Jellis Craig, representing 50% of new listings, followed by Ray White with 11%. 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.