Back 49 Peate Ave
Off Market

49 Peate Ave

Glen Iris VIC 3146

3
1
4
1005 m²
House
Last sold for $2,950,000
John MantonJohn Manton, last sold this property on 01 October 2022 after 232 days on market.

Overview

Period Character with Plenty of Scope

Commanding an imposing elevated position, this charming solid prick period residence's Art Deco features and generous proportions provide the perfect foundation for a renovation and extension. Alternatively, its superb 1005sqm approx. northeast garden and pool allotment makes it the ideal new home site close to Nettleton Park, schools, Gardiner station, Leo's Supermarket and freeway access (STCA). Leadlight windows and ornate ceilings highlight the Deco charm in the wide central hall, gracious sitting room and elegant dining room with an open fire. At the centre of the home, a spacious kitchen and adjacent living room open to the deep private northeast garden with pool and double garage. Two generous bedrooms with built-in robes are accompanied by a study or third bedroom and pristine bathroom. Ideal to live in, lease out or proceed with the approved planning permit for two side-by-side luxury town residences. In conjunction with Pursuit Property Advisory.

Features

3 bedrooms
1 bathroom
4 carspaces
1005 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Glen Iris over the last 12 months, the estimated median property value of 49 Peate Ave is $1.91m.

Median value
$1.91m
Estimated value range
$1.04m - $3.88m
Median days on market
24
Estimated value trend
7%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Glen Iris. 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 49 Peate Ave

2022
Sold
$2,950,000
Private Sale/Treaty on 01 Oct 2022 by John Manton, of Marshall White - Stonnington
2020
Sold
Undisclosed
Private Sale/Treaty on 24 Dec 2020 by Damien Davis, of Jellis Craig - Glen Iris
2017
Sold
$2,900,000
Auction Sale on 05 Aug 2017 by Jason Brinkworth, of Marshall White - Stonnington

Happy sellers in Glen Iris

86%
86% of sellers in Glen Iris reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 31 reviews in Glen Iris over the last 12 months.

Local market activity for 3 bedroom houses in Glen Iris

In the last 12 months, 58 three-bedroom houses similar to 49 Peate Ave, have been sold.

This represents a 25% increase in three-bedroom houses sales when compared to the previous 12 months.

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