18/16 South Circular Road, Gladstone Park, VIC 3043 | Property Value & History | OnTheHouse
OFF MARKET

18/16 South Circular Road
Gladstone Park VIC 3043

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 62m2
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Property Details for 18/16 South Circular Rd, Gladstone Park

18/16 South Circular Rd, Gladstone Park is a 1 bedroom, 1 bathroom Unit and was built in 1993. The property has a land size of 62m2. While the property is not currently for sale or for rent, it was last sold in September 2019.

Building Type
Unit
Year Built
1993
Land Size
62m2
Local Government
Hume
Lot/Plan
18/PS327182

Last Listing description (October 2019)

What a great way to live!... Not often for sale, a very affordable unit in a tightly held complex and in the heart of Gladstone Park with well-maintained private grounds and an engaging social environment.
Leave the car at home with Gladstone Park Shopping Centre superbly located at your doorstep, along with a host of amenities including bus transport, reserves, remedial/business facilities and an array of dining options with freeway also at hand.
A delightful 1-bedroom unit with built-in robe.

Spacious lounge, kitchenette with adjoining meals area.
Combined bathroom/laundry facility.
Reverse cycle split system, ceiling fan and electric upright stove with double oven.
Cosy private courtyard with small storage shed.
Secure gated entry to the complex.
Only 15kms to CBD & 6kms to Melbourne Airport.
Covenant details for the premises states that only 55+ age criteria can reside on the premises.
An ideal rent return of approx. $230 per week makes this a rewarding investment opportunity.

Property History for 18/16 South Circular Rd, Gladstone Park, VIC 3043

A timeline of how this property has performed in the market
Last Sold
$260,000
24 Sep 2019
  • 24 Sep 2019
    Sold for $260,000
  • 13 Sep 2019
    Listed for Sale Not Disclosed
  • 13 Aug 2016
    Sold for $180,000
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About Gladstone Park 3043

The size of Gladstone Park is approximately 3.7 square kilometres. It has 9 parks covering nearly 4.7% of total area. The population of Gladstone Park in 2016 was 8338 people. By 2021 the population was 8213 showing a population decline of 1.5% in the area during that time. The predominant age group in Gladstone Park is 30-39 years. Households in Gladstone Park are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Gladstone Park work in a professional occupation.In 2021, 76.60% of the homes in Gladstone Park were owner-occupied compared with 77.50% in 2016.

Gladstone Park has 3,563 properties. Over the last 5 years, Houses in Gladstone Park have seen a 18.27% increase in median value, while Units have seen a 24.10% increase. As at 30 April 2026:

  • The median value for Houses in Gladstone Park is $811,925 while the median value for Units is $577,002.
  • Houses have a median rent of $580 while Units have a median rent of $575.
There are currently 3 properties listed for sale, and 5 properties listed for rent in Gladstone park on OnTheHouse. According to Cotality's data, 154 properties were sold in the past 12 months in Gladstone park.

Suburb Insights for Gladstone Park 3043

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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.