Back 23 Loraine Ave
Off Market

23 Loraine Ave

Box Hill North VIC 3129

5
2
2
0 m²
1104 m²
House
Last sold for $1,585,000
Brenan McGannBrenan McGann, last sold this property on 08 December 2017 after 30 days on market.

Overview

LAND, LOCATION AND OPPORTUNITY

AUCTION THIS SATURDAY @ 1:30PM - MUST BE SOLD!! Rare, untouched and situated in a highly sought-after neighbourhood, this old original on 1104sqm approx. provides a wealth of opportunity for keen renovators, builders or dream home site seekers. Ready to be brought into a new era, the current residence is the ideal candidate for dropping, made easy by its weatherboard construction. A striking new-age creation or executive townhouses would suit the neighbourhood landscape seamlessly, with the destiny of the block only limited by your imagination (STCA). The original home could be renovated, with its generous proportions lending itself to contemporary reconfiguration. Comprising a kitchen with space for a meals table, separate formal lounge and dining, huge floorboard-lined family room, five bedrooms, two bathrooms, gas heating, ceiling fans, laundry and abundant built-in storage. Outside, it contains a paved area, workshop, double carport plus a huge backyard that affords room for possible subdivision (STCA). Move in or lease out today, while you map out your plans for tomorrow. Enjoying direct gate access to Bushy Creek Parklands, it is within walking distance to Koonung Secondary College (zone) and Box Hill North Primary School. Only minutes from buses, the Eastern freeway, Westfield Doncaster, Belmore Road shops, Box Hill Central, hospitals and Box Hill TAFE.

Features

5 bedrooms
2 bathrooms
2 carspaces
0 m² floor area
1104 m² lot size
House

Estimated Value

Based on this property and similar 5 bedroom houses sold in Box Hill North over the last 12 months, the estimated median property value of 23 Loraine Ave is $1.91m.

Median value
$1.91m
Estimated value range
$1.2m - $3.33m
Median days on market
30
Estimated value trend
-20%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Box Hill North. 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 23 Loraine Ave

2022
Rented
Undisclosed
Leased on 09 Feb 2022 by LongView Real Estate
2017
Sold
$1,585,000
08 Dec 2017 by Brenan McGann

Happy sellers in Box Hill North

82%
82% of sellers in Box Hill North reported that their sale price either exceeded or met their price expectations.

Box Hill North stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 36 reviews in Box Hill North over the last 12 months.

Local market activity for 5 bedroom houses in Box Hill North

In the last 12 months, 22 five-bedroom houses similar to 23 Loraine Ave, have been sold.

This represents a 4% decrease in five-bedroom houses sales when compared to the previous 12 months.

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