Back Lot 7 Ely Street (Part of 9 Godalmin Street)
Off Market

Lot 7 Ely Street (Part of 9 Godalmin Street)

Eltham VIC 3095

1442 m²
Land
Last sold for $790,000
Pina KaraPina Kara, last sold this property on 02 May 2016 after 44 days on market.

Overview

Dual street frontages - subdivision opportunity!

Now this is something to really get excited about - a gorgeous slice of vacant Eltham land where you can subdivide, build your brand new dream home or even do both! Set in a leafy neighbourhood with street frontages on both Ely Street and Godalmin Street, the substantial 1442m2 block already has a planning permit for subdivision into 2 allotments, with engineering specifications for drainage and sewer. What you do from here is only limited by your imagination - you could build your dream home where you can call the shots on layout, colours, fixtures and landscaping, or alternatively take on a development project that will maximise your financial returns. Whichever path you choose your efforts will be rewarded thanks to the prized Eltham locale. Within easy reach of Eltham High School, Leisure Centre and walking trail that takes you into the heart of Eltham, this is an opportunity not to be missed. Photo ID Required Pina Kara : 0415 911 437

Features

1442 m² lot size
Land

Estimated Value

Based on this property and similar land plots sold in Eltham over the last 12 months, the estimated median property value of Lot 7 Ely Street (Part of 9 Godalmin Street) is $650k.

Median value
$650k
Estimated value range
$530k - $1.09m
Median days on market
65
Estimated value trend
0%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Eltham. 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 Lot 7 Ely Street (Part of 9 Godalmin Street)

2016
Sold
$790,000
Auction Sale on 02 May 2016 by Pina Kara, of Barry Plant Eltham

Happy sellers in Eltham

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

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

This is based on voluntary sentiment collected from 13 reviews in Eltham over the last 12 months.

Local market activity for land plots in Eltham

In the last 12 months, 7 land plots similar to Lot 7 Ely Street (Part of 9 Godalmin Street), have been sold.

This represents a 50% decrease in land plots sales when compared to the previous 12 months.

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