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94 Essex Street, Pascoe Vale VIC 3044

Auction

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$965k - $1.06M Low Confidence Calculated based on limited search observations.

House 3 Beds 2 Baths 1 Car 649 m²

Listed: 6 days ago

Overview

Situated on a generously sized block of approximately 649 square metres, this property at 94 Essex Street offers a rare chance to reimagine or rebuild in a highly sought-after pocket of Pascoe Vale.

The existing residence, described as a spacious bungalow with a bathroom, has reached the end of its functional life, providing a blank canvas for prospective buyers. Whether you envision constructing a contemporary family home with open-plan sunlit interiors and garden spaces or are considering a renovation or development (subject to council approval), this property is well positioned to meet a variety of aspirations.

The north-facing rear yard enhances the potential for practical outdoor living, ideal for families and those who value natural light.

Families will find the location particularly appealing given the proximity to multiple primary schools including Pascoe Vale Primary School and St Oliver Plunkett Primary School as well as the zoning for Strathmore Secondary College. Outdoor enthusiasts and families alike can enjoy nearby Raeburn Reserve, providing accessible green space for recreation and relaxation.

Overall, this property presents an appealing opportunity for renovators, developers, or families looking to build a tailored home in an established neighbourhood with strong amenities and schooling options. It is suited to those seeking potential in land size, location, and a fresh start to crafting a desirable lifestyle.

Local Market Insights

In Pascoe Vale, Quiet Listings observed 17 new houses entering the market over the last 30 days, up from 16 during the previous 30-day period, with an average advertised asking price of $1,106,765. The property type mix of listed properties is predominantly Houses at 37%, followed by townhouses (37%), and units (13%). The most active agency for houses in the Pascoe Vale area is currently Nelson Alexander, representing 35% of new listings, followed by Jellis Craig 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.