18/32 Park StreetMoonee Ponds VIC 3039
Property Details for 18/32 Park St, Moonee Ponds
18/32 Park St, Moonee Ponds is a 2 bedroom, 18 bathroom Unit with 18 parking spaces and was built in 1980. The property has a land size of 1751m2 and floor size of 79m2.
Last Listing description (August 2024)
Spanning three levels and comprising 18 substantial 2-bedroom units on strata titles, this attractive circa 1970's complex offers outstanding potential.
Resting on an impressive 1751sqm allotment, the units retain their authentic charm, boasting bright living spaces with private balconies, spacious bedrooms with built-in-robes, separate functional kitchen, bathroom with separate toilet and washing machine taps. Primed for refurbishment to either hold to secure strong rental returns or redevelop with scope to take advantage of the strata division already in place. Set on an impressive block with both front an rear lane access, this well maintained full-brick block presents a unique landbank opportunity suited to astute investors/developers.
- Original full-brick presentation circa 1970s
- Classic layouts, light bright interiors
- Each with 2-bedrooms, built-in-robes and private balconies
- High-yielding bricks and mortar land asset
- Exciting potential to add significant value
NB: REA has a limit on the number of bedrooms you can promote in a listing. As a result we have listed the property as a 2BRM/18 BATH/18 CAR. However as per the copy and photos demonstrate, the block of flats comes with 18 x 2BRM units.
Property History for 18/32 Park St, Moonee Ponds, VIC 3039
- 14 Feb 2024Listed for Sale $6,070,000
- 25 May 2017Listed for Rent - Price not available
- 26 Oct 2016Listed for Rent - Price not available
Recent sales nearby
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About Moonee Ponds 3039
The size of Moonee Ponds is approximately 4.4 square kilometres. It has 20 parks covering nearly 17.0% of total area. The population of Moonee Ponds in 2016 was 14250 people. By 2021 the population was 16224 showing a population growth of 13.8% in the area during that time. The predominant age group in Moonee Ponds is 30-39 years. Households in Moonee Ponds are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Moonee Ponds work in a professional occupation.In 2021, 58.90% of the homes in Moonee Ponds were owner-occupied compared with 60.30% in 2016.
Moonee Ponds has 11,076 properties. Over the last 5 years, Houses in Moonee Ponds have seen a 14.15% increase in median value, while Units have seen a 13.03% increase. As at 31 December 2025:
- The median value for Houses in Moonee Ponds is $1,619,353 while the median value for Units is $621,320.
- Houses have a median rent of $690 while Units have a median rent of $550.
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