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Back 5 Chateau Ave
Off Market

5 Chateau Ave

Narre Warren VIC 3805

3
1
1
696 m²
House
Last sold for $600,000
Brad RyanBrad Ryan, last sold this property on 14 April 2018 after 32 days on market.

Overview

Walk to Fountain Gate!

Location is everything in property and this is one remarkable opportunity that you must not miss. Positioned less than 500 metres walk from Fountain Gate shopping Centre and less than a short 5-minute drive to Narre Warren Train Station make this property perfect for the owner occupier or astute investor/developer looking to take advantage of the booming marketplace which encapsulates this ideal property. Some key features include: - Three bedrooms - Spacious L Shape lounge/dining - Separate meals area - Updated kitchen - Gas ducted heating - Ducted evaporative cooling - Lock up garage - Solar Electricity - 2.5 kw system - Bosch alarm system - 696m2 land - Walk to Primary and Secondary schools Developers take note: With this property falling into the proposed new zone as GENERAL RESIDENTIAL ZONE 2 (GRZ2) it must be considered for your future investment plans. General Residential Zone Schedule 2 (GRZ2) Summary: - Encourages a preferred neighbourhood character of increased residential density, including townhouses and apartments, with smaller front setbacks, close to activity centres and transport routes - Increases the maximum height from 11 metres (3 storeys) to 11.5 metres (3 storeys) - Changes the minimum front setback to 5 metres (the current minimum is 9 metres) - Requires an applicant to explain how the site layout and building massing have been configured to preserve the amenity of surrounding secluded private open space ** Investors: Did you know Harcourts Narre Warren South are one of the largest rental management agencies in the South East? Our leasing department has appraised this property at $360 - $370 p/w ($1,564-$1,608pcm) for more details about leasing contact Melanie on 9705 3000 today.

Features

3 bedrooms
1 bathroom
1 carspace
696 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Narre Warren over the last 12 months, the estimated median property value of 5 Chateau Ave is $775.83k.

Median value
$775.83k
Estimated value range
$600k - $1.2m
Median days on market
23
Estimated value trend
7%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Narre Warren. 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 5 Chateau Ave

2023
Rented
Undisclosed
Leased on 15 Jul 2023 by P&G Real Estate
2018
Sold
$600,000
14 Apr 2018 by Brad Ryan

Happy sellers in Narre Warren

87%
87% of sellers in Narre Warren reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 51 reviews in Narre Warren over the last 12 months.

Local market activity for 3 bedroom houses in Narre Warren

In the last 12 months, 207 three-bedroom houses similar to 5 Chateau Ave, have been sold.

This represents a 6% increase in three-bedroom houses sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Narre Warren

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Javid Zada

Sellers who recommend Javid Zada have praised them for being clear communication, local expert, supportive, dedicated, honest, responsive and great negotiation

  •   5   (149 reviews)
  •  16 Reviews in Narre Warren
  •  27 Sales in Narre Warren
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Dale Donaldson

Dale Donaldson is a recommended agent for Narre Warren.  They have 7 local sales and collected 3 local reviews across the last 12 months.

  •   5   (9 reviews)
  •  3 Reviews in Narre Warren
  •  7 Sales in Narre Warren
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Khaled Arabzadeh

Sellers who recommend Khaled Arabzadeh have praised them for being clear communication, local expert, honest, great negotiation, responsive, reliable and hard-working

  •   4.9   (506 reviews)
  •  3 Reviews in Narre Warren
  •  6 Sales in Narre Warren
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Kappa Pugalendran

Kappa Pugalendran is a recommended agent for Narre Warren.  They have 4 local sales and collected 3 local reviews across the last 12 months.

  •   5   (28 reviews)
  •  3 Reviews in Narre Warren
  •  4 Sales in Narre Warren
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