10/48 Magnolia RoadGardenvale VIC 3185
Property Details for 10/48 Magnolia Rd, Gardenvale
10/48 Magnolia Rd, Gardenvale is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1950. The property has a land size of 920m2 and floor size of 38m2. While the property is not currently for sale or for rent, it was last sold in August 2024.
Last Listing description (October 2024)
Beautifully renovated 1 bedroom apartment on first floor located at ?Paris end? of an outstanding street and opposite the tranquil Gardenvale Park and playground.
This block of units was fully renovated/refurbished at the same time a few years ago to a very high standard.
This bright apartment on first floor features modern kitchen and bathroom, sun filled open plan lounge, under cover parking behind remote controlled security gates.
Fabulous first home, affordable/comfortable city dwelling (easy walk to train station etc) and then go home to country retreat for a weekend or lease it out. Two of the first floor units in the block are currently let at $350pw unfurnished.
Note: units are separately metered for water, so no shared water bills ? renters pay for usage.
Property History for 10/48 Magnolia Rd, Gardenvale, VIC 3185
- 31 Aug 2024Sold for $295,000
- 13 Aug 2024Listed for Sale $289,000
- 01 Jul 2023Sold for $279,500
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About Gardenvale 3185
The size of Gardenvale is approximately 0.3 square kilometres. It has 1 park covering nearly 1.8% of total area. The population of Gardenvale in 2016 was 1006 people. By 2021 the population was 1019 showing a population growth of 1.3% in the area during that time. The predominant age group in Gardenvale is 30-39 years. Households in Gardenvale are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Gardenvale work in a professional occupation.In 2021, 52.20% of the homes in Gardenvale were owner-occupied compared with 49.30% in 2016.
Gardenvale has 712 properties. Over the last 5 years, Houses in Gardenvale have seen a 15.67% increase in median value, while Units have seen a -2.80% decrease. As at 31 October 2025:
- The median value for Houses in Gardenvale is $2,120,460 while the median value for Units is $581,822.
- Houses have a median rent of $420 while Units have a median rent of $440.
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