2/21 Hotham Road, Niddrie, VIC 3042 | Property Value & History | OnTheHouse
OFF MARKET

2/21 Hotham Road
Niddrie VIC 3042

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Property Details for 2/21 Hotham Rd, Niddrie

2/21 Hotham Rd, Niddrie is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1993. While the property is not currently for sale or for rent, it was last sold in December 2017.

Building Type
Unit
Year Built
1993
Local Government
Moonee Valley
Lot/Plan
2/PS328006

Last Listing description (February 2024)

OPPORTUNITY KNOCKS! INVEST IN YOUR FUTURE!

Discover the potential of a lifetime with this exceptional real estate opportunity at 1 & 2/21 Hotham Road, Niddrie. Two units, each with separate titles, are now available and must be sold as one package. This rare find opens the door to a world of possibilities, waiting for the savvy investor or developer.

Key Features:
Prime Location: Situated in a highly sought-after area, these units boast a zoning that paves the way for significant development (subject to all relevant approvals). Nearby properties at 13 & 15 Hotham Road have already been developed up to 3 stories, showcasing the area's potential.

Convenience at Your Doorstep: Enjoy the convenience of a short walk to Keilor Road, where you can indulge in a plethora of dining options, bars, cafes, restaurants and shopping boutiques. As well convenience access to medical centres and health needs. Direct tram route 59 to Melbourne CBD and bus services are right at your doorstep, ensuring seamless connectivity.

Education Hub: Within the catchment area for prominent private and public schools, this property offers an excellent educational environment for families. Easy access to kindergartens and daycare facilities enhances the appeal for families with young children.

Traveler's Delight: Enjoy proximity to Melbourne Airport and Essendon DFO, making travel and shopping a breeze.

Income Potential: Currently, both units are rented, generating a combined income of $44,076 per year. Unit 1 features 3 bedrooms, 1 bathroom, a single-car garage, and off-street parking, renting at $395 per week. Unit 2 offers 2 bedrooms, 2 bathrooms, a garage, and off-street parking, renting at $450 per week.

Land Size: With a total land size of approximately 650m2, the potential for development is vast. Imagine the stunning possibilities that await your creative vision.

Property History for 2/21 Hotham Rd, Niddrie, VIC 3042

A timeline of how this property has performed in the market
Last Sold
$686,500
09 Dec 2017
  • 09 Nov 2023
    Listed for Sale Not Disclosed
  • 29 Jan 2018
    Listed for Rent - Price not available
  • 09 Dec 2017
    Sold for $686,500
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About Niddrie 3042

The size of Niddrie is approximately 1.9 square kilometres. It has 10 parks covering nearly 5.5% of total area. The population of Niddrie in 2016 was 5479 people. By 2021 the population was 5901 showing a population growth of 7.7% in the area during that time. The predominant age group in Niddrie is 40-49 years. Households in Niddrie are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Niddrie work in a professional occupation.In 2021, 74.70% of the homes in Niddrie were owner-occupied compared with 73.00% in 2016.

Niddrie has 3,192 properties. Over the last 5 years, Houses in Niddrie have seen a 18.68% increase in median value, while Units have seen a 15.13% increase. As at 31 December 2025:

  • The median value for Houses in Niddrie is $1,296,234 while the median value for Units is $792,689.
  • Houses have a median rent of $660 while Units have a median rent of $630.
There are currently 11 properties listed for sale, and 7 properties listed for rent in Niddrie on OnTheHouse. According to Cotality's data, 156 properties were sold in the past 12 months in Niddrie.

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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.