48 Magnolia RoadGardenvale VIC 3185
Property Details for 48 Magnolia Rd, Gardenvale
48 Magnolia Rd, Gardenvale is a 1 bedroom, 1 bathroom Unit with 2 parking spaces. The property has a land size of 920m2.
Last Listing description (August 2016)
Looking for a place to move into? Or would you like an investment property with a 12 month rental guarantee of $300 per week? That's a 5% return on your investment guaranteed.
We have two apartments remaining on the first floor, apartments 9 and 10.
The current owner purchased the entire unit complex and fully refurbished all 12 one bedroom apartments a year ago. Each apartment is north facing and offers modern living in a quiet leafy private street location.
Stunning new kitchens and bathrooms, new carpets, polished boards, large bedrooms, rewired and much much more!!!
Just some 300 metres from Nepean Highway. Boutique Martin Street shops and Brighton beach.
Large communal area with outdoor setting and barbeque. Each apartment comes with it's own undercover parking on title.
Council Rates $721.80 per year
Body Corporate fees $923.20 per year
Property History for 48 Magnolia Rd, Gardenvale, VIC 3185
- 29 Jul 2015Listed for Sale From $309,000
- 04 Jun 2015Listed for Rent - Price not available
- 21 May 2015Listed for Sale PRIVATE SALE - $3.79M
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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 -12.72% decrease in median value, while Units have seen a 2.73% increase. As at 30 November 2025:
- The median value for Houses in Gardenvale is $2,125,796 while the median value for Units is $609,723.
- Houses have a median rent of $410 while Units have a median rent of $445.
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