597 Warrigal RoadAshwood VIC 3147
Property Details for 597 Warrigal Rd, Ashwood
Last Listing description (October 2022)
+Substantial 3,507sqm site with significant frontage of 114.88m* and easy access from/to Warrigal Road, a major Melbourne arterial road
+Tactical acquisition for developers, future occupiers and land bankers
+Strategic position on major arterial road with over 32,320* vehicles passing daily
+Easy access to major transport links including Holmesglen Train station, and several bus routes
+Flexible 'GRZ' Zoning under the City of Monash planning scheme allowing for an abundance of future development opportunities (STCA) including Residential multi-level development, Residential aged care facility, car wash, service station, convenience store, medical centre plus many more
+Large selection of lifestyle, amenity and services including Malvern Valley Golf Club, Ashwood Reserve Playground, Holmesglen Reserve, Glen Iris private Hospital and Holmesglen Institute
+Mount Waverley median house price of $1,520,000** with 8.3%*** growth over the past 12 months representing significant underlying land value
+City of Monash: One of Melbourne's largest municipalities home to over 203,501 people, as well as Monash University (Australia's largest university) and provides healthcare for a quarter of Melbourne's population (22)
For sale by Expressions of Interest
Closing 7th September 2022 at 4:00pm (AEST).
*approx
Property History for 597 Warrigal Rd, Ashwood, VIC 3147
- 28 Jul 2022Listed for Sale Price on Request
- 23 Oct 1982Listed for Sale Not Disclosed
- 14 Jan 1980Sold for $49,500
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0About Ashwood 3147
The size of Ashwood is approximately 2.6 square kilometres. There are 11 parks, covering nearly 12.8% of the total area. The population of Ashwood in 2016 was 6886 people. By 2021 the population was 7154 showing a population growth of 3.9% in the area during that time. The predominant age group in Ashwood is 30-39 years. Households in Ashwood are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Ashwood work in a professional occupation.In 2021, 60.40% of the homes in Ashwood were owner-occupied compared with 59.40% in 2016.
Ashwood has 3,736 properties. Over the last 5 years, Houses in Ashwood have seen a 5.52% increase in median value, while Units have seen a 11.27% increase. As at 30 April 2026:
- The median value for Houses in Ashwood is $1,493,172 while the median value for Units is $1,028,423.
- Houses have a median rent of $700 while Units have a median rent of $715.
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