427 Elgar Rd, Mont Albert is a 6 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 1152m2. While the property is not currently for sale or for rent, it was last transferred in September 2022.
An extraordinary redevelopment opportunity for you to develop on this large level rectangle site with a 19 m frontage and land of 1,151 sqm (approx.), within walking distance to all amenities such as Box Hill Central, parkland, schools, Box Hill TAFE and hospital.
Existing property comprises 6 bedrooms and 2 bathrooms
Plans & permits approved for 2 double storey townhouses, Unit 1 floor area: 53.4 sqs (496.9 sqm), Unit 2 floor area: 36.7 sqs (341.4 sqm)
The size of Mont Albert is approximately 1.7 square kilometres. There are 5 parks, covering nearly 2.4% of the total area. The population of Mont Albert in 2016 was 4840 people. By 2021 the population was 4948 showing a population growth of 2.2% in the area during that time. The predominant age group in Mont Albert is 50-59 years. Households in Mont Albert are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Mont Albert work in a professional occupation.In 2021, 69.60% of the homes in Mont Albert were owner-occupied compared with 70.00% in 2016.
Mont Albert has 2,821 properties. Over the last 5 years, Houses in Mont Albert have seen a -8.37% decrease in median value, while Units have seen a -9.64% decrease. As at 31 August 2026:
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