Back 12 Elizabeth Street
Off Market

12 Elizabeth Street

Oakleigh East VIC 3166

3
1
2
859 m²
House
Last sold for $1,158,000
George MidasGeorge Midas, last sold this property on 26 February 2016 after 28 days on market.

Overview

Develop Your Dreams On This Excellent 858sqm Block!

Boasting a dream location in one of Oakleigh East's premier streets and an outstanding 858sqm (approx.) allotment that yearns for development (STCA), you'd want to act quickly to secure this potential-rich property. The flat allotment currently plays host to a single-level three-bedroom home that's in excellent condition, which is perfect to lease whilst plans and permits are being finalised. Boasting a General Residential Zone 2 (GRZ2) zoning, the property's true destiny understandably awaits in development, whether that involves building multiple single-level units or trendy Townhouses with potential city views (STCA). Once built, your brand new development will also enjoy fantastic access to a host of amenities. Bus services, parks and well-regarded schools (Amsleigh Park Primary School and Christ Our Holy Redeemer Primary School among them) are within walking distance, while Oakleigh Central, Oakleigh train station, the Monash Freeway and Chadstone Shopping Centre are only minutes away. Disclaimer: We have in preparing this document used our best endeavours to ensure that the information contained in this document is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospect purchasers should make their own enquiries to verify the information contained in this document. Purchasers should make their own enquires and refer to the due diligence check-list provided by Consumer Affairs. Click on the link for a copy of the due diligence check-list from Consumer Affairs. http://www.consumer.vic.gov.au/duediligencechecklist

Features

3 bedrooms
1 bathroom
2 carspaces
859 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Oakleigh East over the last 12 months, the estimated median property value of 12 Elizabeth Street is $1.24m.

Median value
$1.24m
Estimated value range
$781k - $1.65m
Median days on market
26
Estimated value trend
2%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Oakleigh East. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 12 Elizabeth Street

2023
Rented
Undisclosed
Leased on 12 Jul 2023 by Ray White Oakleigh
2016
Sold
$1,158,000
Auction Sale on 26 Feb 2016 by George Midas, of Ray White Oakleigh

Happy sellers in Oakleigh East

68%
68% of sellers in Oakleigh East reported that their sale price either exceeded or met their price expectations.

Oakleigh East stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 17 reviews in Oakleigh East over the last 12 months.

Local market activity for 3 bedroom houses in Oakleigh East

In the last 12 months, 24 three-bedroom houses similar to 12 Elizabeth Street, have been sold.

This represents a 8% increase in three-bedroom houses sales when compared to the previous 12 months.

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