38 Stanhope Street, Broadmeadows, VIC 3047 | Property Value & History | OnTheHouse
OFF MARKET

38 Stanhope Street
Broadmeadows VIC 3047

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Floor area: 97m2
Land area: 697m2
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Property Details for 38 Stanhope St, Broadmeadows

38 Stanhope St, Broadmeadows is a 3 bedroom, 1 bathroom House with 4 parking spaces and was built in 1960. The property has a land size of 697m2 and floor size of 97m2. While the property is not currently for sale or for rent, it was last sold in October 2024.

Building Type
House
Year Built
1960
Floor Size
97m2
Land Size
697m2
Local Government
Hume
Lot/Plan
478/LP59115

Last Listing description (November 2024)

Welcome to 38 Stanhope Street, a prime property nestled in the heart of Broadmeadows, one of Melbourne's most rapidly evolving suburbs. This spacious allotment presents an exceptional opportunity for astute investors and developers eager to capitalize on the area's transformation.

Key Features:
* Prime Location: Centrally situated in Broadmeadows, this property offers convenient access to essential amenities, public transport, schools, and recreational facilities.

* Generous Allotment: Benefit from a substantial land area that provides limitless possibilities for development, expansion, or landscaping according to your vision.
* Current Rental Income: The property currently earns $550 per week in rental income, delivering a steady cash flow for investors.
* Future Potential: Broadmeadows is undergoing a significant transformation, making it a hotspot for property investment. The area's growth and development enhance the potential for substantial capital appreciation.
* Development Opportunity: With plans for three townhouses (subject to Council Approval), this property is poised to meet the high demand for modern, well-designed homes.
Why Invest in Broadmeadows?
Broadmeadows is rapidly evolving, drawing new residents and businesses. Its strategic location and ongoing development make it a prime investment destination. Investing in this property means more than acquiring land; it is an investment in the future of Broadmeadows.

Act Now Before Market Prices Surge!
This is a rare chance to secure a property in a suburb poised for growth. Don't miss out on this opportunity. Whether you're looking for rental income or a new development project, 38 Stanhope Street is your gateway to a lucrative future.
Contact us today for more information or to arrange a viewing. Seize this opportunity to be part of Broadmeadows' exciting transformation-your investment journey starts here!

Property History for 38 Stanhope St, Broadmeadows, VIC 3047

A timeline of how this property has performed in the market
Last Sold
$610,000
24 Oct 2024
Listed for Rent
$350/w
31 Mar 2022
  • 24 Oct 2024
    Sold for $610,000
  • 21 Aug 2024
    Listed for Sale 550000-600000
  • 31 Mar 2022
    Listed for Rent $350 / week
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About Broadmeadows 3047

The size of Broadmeadows is approximately 8.4 square kilometres. It has 13 parks covering nearly 14.2% of total area. The population of Broadmeadows in 2016 was 11970 people. By 2021 the population was 12524 showing a population growth of 4.6% in the area during that time. The predominant age group in Broadmeadows is 30-39 years. Households in Broadmeadows are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Broadmeadows work in a labourer occupation.In 2021, 46.90% of the homes in Broadmeadows were owner-occupied compared with 47.10% in 2016.

Broadmeadows has 6,661 properties. Over the last 5 years, Houses in Broadmeadows have seen a 18.68% increase in median value, while Units have seen a 27.88% increase. As at 30 November 2025:

  • The median value for Houses in Broadmeadows is $664,554 while the median value for Units is $504,540.
  • Houses have a median rent of $490 while Units have a median rent of $480.
There are currently 12 properties listed for sale, and 26 properties listed for rent in Broadmeadows on OnTheHouse. According to Cotality's data, 320 properties were sold in the past 12 months in Broadmeadows.

Suburb Insights for Broadmeadows 3047

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.