Back 8 Lorraine Cres
Off Market

8 Lorraine Cres

Jacana VIC 3047

3
1
4
628 m²
House
David TaylorDavid Taylor, last sold this property on 03 August 2019 after 29 days on market.

Overview

CORNER OPPORTUNITY

Home buyers, investors looking to get into the ever popular Jacana, here is a fantastic opportunity to purchase a neat home together on a corner, with a generous 628 SQM approx. of land. This brick home which has had a recent update, is in good condition and is one you can simply move in or rent out straight away. Upon entry you will notice freshly polished hard would floors that flow throughout the home, three bedrooms, and well-maintained kitchen with family dining, a separate lounge and a central bathroom. Outside you will notice there are 2 separate driveways allowing for extra parking from both sides of the property, leading to a secure backyard, boasting a bungalow and carport. This home also boasts well-appointed gardens with full privacy. Other features include gas ducted heating, gas cooking, and all this within walking distance to the Broadmeadows Shopping Centre, local schools, parks & hospital and public transport and with Melbourne airport only few KMS away. Attention Developers, this is a prime re-redevelopment opportunity with 2 separate cross-overs which will allow for a full re-development (STCA). AUCTION: SATURDAY, 3RD AUGUST 2019 AT 1PM FOR FURTHER INFORMATION PLEASE CONTACT: DAVID TAYLOR 0409 976 246 OR EDDIE CHMAISSE 0411 340 422

Features

3 bedrooms
1 bathroom
4 carspaces
628 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Jacana over the last 12 months, the estimated median property value of 8 Lorraine Cres is $650.5k.

Median value
$650.5k
Estimated value range
$540k - $685k
Median days on market
28
Estimated value trend
2%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Jacana. 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 8 Lorraine Cres

2022
Rented
Undisclosed
Leased on 06 Nov 2022 by Image Property South Melbourne
2020
Rented
Undisclosed
Leased on 18 Oct 2020 by Image Property South Melbourne
2019
Sold
Undisclosed
Sold Before Auction on 03 Aug 2019 by David Taylor, of YPA Estate Agents Glenroy

Happy sellers in Jacana

94%
94% of sellers in Jacana reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 3 reviews in Jacana over the last 12 months.

Local market activity for 3 bedroom houses in Jacana

In the last 12 months, 11 three-bedroom houses similar to 8 Lorraine Cres, have been sold.

This represents a 43% increase in three-bedroom houses sales when compared to the previous 12 months.

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