Back 47 Keon Parade
Off Market

47 Keon Parade

Reservoir VIC 3073

3
1
4
575 m²
House
Last sold for $695,000
Tan NguyenTan Nguyen, last sold this property on 25 October 2024 after 22 days on market.

Overview

Location and Unlimited Potential

Wonderfully positioned on a generous 575sqm (approx.), this property offers close proximity to the newly updated Keon Park Train Station (approx. 800m), shops, schools, bus transport, and the Metropolitan Ring Road. It presents a fantastic opportunity to unlock the potential of this highly rewarding home. Ideal for home buyers, renovators, investors, or developers (STCA), the well-maintained home features a separate lounge, a well-equipped kitchen with an adjoining dining area, and 3 spacious bedrooms, all serviced by a central bathroom and separate laundry. A wide side driveway provides ample car space, while the established front and rear gardens complete the picture. Set in a prime location, this property invites you to explore the possibilities - whether to live in, invest, renovate, or pursue future redevelopment (STCA). This is a fantastic opportunity not to be missed! Currently leased until 02/06/2025, with a rental return of approximately $18,768 p/a.

Features

3 bedrooms
1 bathroom
4 carspaces
2 open car spaces
2 garage spaces
575 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Reservoir over the last 12 months, the estimated median property value of 47 Keon Parade is $930k.

Median value
$930k
Estimated value range
$624k - $1.7m
Median days on market
25
Estimated value trend
6%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Reservoir. 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 47 Keon Parade

2024
Sold
$695,000
25 Oct 2024 by Tan Nguyen, of Ray White Thomastown
2018
Rented
Undisclosed
Leased on 24 Jan 2018 by Ray White Reservoir
2017
Sold
13 Oct 2017 by Jason Voglis, of Ray White Reservoir

Happy sellers in Reservoir

88%
88% of sellers in Reservoir reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 101 reviews in Reservoir over the last 12 months.

Local market activity for 3 bedroom houses in Reservoir

In the last 12 months, 273 three-bedroom houses similar to 47 Keon Parade, have been sold.

This represents a 17% increase in three-bedroom houses sales when compared to the previous 12 months.

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