1 Baynes Park RoadMonbulk VIC 3793
Property Details for 1 Baynes Park Rd, Monbulk
Last Listing description (July 2024)
SOLDSavills is delighted to offer for sale 1 Baynes Park Road, Monbulk. This corner development site holds a permit for a quality childcare facility in a desirable area with strong demand for childcare.Key attributes of the property include: 1,559sqm* landholding Corner frontage totalling over 90 metres* Permit for an 88 place childcare centre Child (0-5 years) to Long Day Care Place ratio of 6.38 within a 10 minute drive^ High exposure corner in Monbulks main retail area 150 metres* from the recently upgraded Monbulk Primary School*Approximate ^GapMapsFor further information please contact:Julian Heatherich - 0412 995 655Benson Zhou - 0458 488 888Tanya Su - 0430 302 950
Property History for 1 Baynes Park Rd, Monbulk, VIC 3793
- 30 May 2024Listed for Sale Contact the Melbourne Childcare Experts
- 30 May 2024Sold for $1,265,000
- 16 Jan 2023Listed for Sale POA
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0About Monbulk 3793
The size of Monbulk is approximately 20.3 square kilometres. It has 12 parks covering nearly 6.2% of total area. The population of Monbulk in 2016 was 3577 people. By 2021 the population was 3651 showing a population growth of 2.1% in the area during that time. The predominant age group in Monbulk is 40-49 years. Households in Monbulk are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Monbulk work in a trades occupation.In 2021, 82.20% of the homes in Monbulk were owner-occupied compared with 79.40% in 2016.
Monbulk has 1,650 properties. Over the last 5 years, Houses in Monbulk have seen a 13.05% increase in median value, while Units have seen a 34.60% increase. As at 31 March 2026:
- The median value for Houses in Monbulk is $887,057 while the median value for Units is $736,011.
- Houses have a median rent of $593 while Units have a median rent of $10,140.
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