423 Monbulk Rd, Monbulk is a 5 bedroom, 3 bathroom House with 8 parking spaces.
Combining a classic, spacious family home and a prominent shed with coolroom and office, this 3,611sqm (approx.) property opens endless options for astute investors.
This large family home, complete with double garage and inground pool and spa ripe for refurbishment, is one you can grow into. The generous lounge features an open wood fire and the sunken rumpus room is the ideal bonus space. Those who love to cook will be thrilled with the scale of the original kitchen with wall oven and adjoining dining area. Furthermore, there are 5 bedrooms on offer, including 2 with ensuites, plus a charming bathroom with tub and separate WC.
Outside, the level, fenced landscape features dual access and veggie beds. The super-size shed with expansive entry door and abundant off-street parking in front will be a big drawcard for bourgeoning business owners or hobbyists seeking a space they can make their own.
This unique property is bursting with potential, so dont delay, plan your viewing today.
Single-level brick home with pool and spa ready for refurbishing
Lounge with open wood fire and rumpus room with high ceilings
Classic timber kitchen with wall oven, large windows, and patio access
5 bedrooms including 2 with ensuites
Gas ducted heating and double garage
Expansive shed with coolroom, office, bathroom, and abundant off-street parking
Great location near bus transport and moments from shops and cafes
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:
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