262 Boronia RoadBoronia VIC 3155
Property Details for 262 Boronia Rd, Boronia
262 Boronia Rd, Boronia is a bedroom, bathroom House. The property has a land size of 1392m2. While the property is not currently for sale or for rent, it was last transferred in May 2008.
Last Listing description (July 2024)
Situated at 262 Boronia Road, Boronia, this prime piece of residential land offers a multitude of possibilities. With a generous land size of 1392m2, this property is zoned for residential use, making it a valuable asset for savvy investors and developers alike.
Currently, the property boasts a commercial lease agreement, providing a reliable rental return of $55,000 plus GST and outgoings. This secure income stream allows you to sit back and collect rent while you plan for the future.
The location of this property is also a major drawcard. Close to all amenities, including shops, schools, and public transport, it offers convenience and accessibility for both residents and potential tenants. Whether you choose to develop the land or hold onto it for future gains, this property is a smart investment choice.
Don't miss out on this incredible opportunity to secure residential land with development potential in the heart of Boronia. Contact us today to arrange a viewing and explore the possibilities that await you.
Property History for 262 Boronia Rd, Boronia, VIC 3155
- 07 Feb 2024Listed for Sale $1,150,000 to $1,250,000
- 13 May 2008Transferred
- 13 May 2008Transferred
Recent sales nearby
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About Boronia 3155
The size of Boronia is approximately 11.3 square kilometres. There are 36 parks, covering nearly 7.8% of the total area. The population of Boronia in 2016 was 22195 people. By 2021 the population was 23607 showing a population growth of 6.4% in the area during that time. The predominant age group in Boronia is 30-39 years. Households in Boronia are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Boronia work in a professional occupation.In 2021, 69.90% of the homes in Boronia were owner-occupied compared with 70.80% in 2016.
Boronia has 13,254 properties. Over the last 5 years, Houses in Boronia have seen a 6.46% increase in median value, while Units have seen a 10.22% increase. As at 31 May 2026:
- The median value for Houses in Boronia is $854,316 while the median value for Units is $671,914.
- Houses have a median rent of $605 while Units have a median rent of $575.
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