5 Precision Lane, Notting Hill, VIC 3168 | Property Value & History | OnTheHouse
OFF MARKET

5 Precision Lane
Notting Hill VIC 3168

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 298m2
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Property Details for 5 Precision Lane, Notting Hill

Building Type
Commercial
Land Size
298m2
Local Government
Monash
Lot/Plan
6/PS736220

Last Listing description (May 2021)

Located only moments to the M1 Freeway and surrounded by major international organisations such as Mercedes-Benz, NEC, Adidas & Monash University, this building will impress!

Key features:

+ Includes first floor mezzanine office of 45sqm

+ Office area is fully carpeted and air-conditioned throughout
+ Unisex disabled amenities, including shower with attached kitchenette
+ Clear span warehouse with internal clearance of 7m approx
+ Warehouse lighting
+ Container height roller shutter door
+ 6 allocated car parks
+ Only moments to Monash Freeway

Crabtrees Real Estate is built on history, reputation and expertise.

We offer a level of knowledge others can't match.

Our team strategically located across the eastern and south eastern corridors of Melbourne are ready to handle your Commercial, Industrial and Retail Property needs today so call or email NOW!

Property History for 5 Precision Lane, Notting Hill, VIC 3168

A timeline of how this property has performed in the market
Last Sold
$870,000
28 Feb 2018
Listed for Rent
$1.05k/w
08 Dec 2020
  • 08 Dec 2020
    Listed for Rent $55,000 / year
  • 19 Jun 2018
    Listed for Rent - Price not available
  • 28 Feb 2018
    Sold for $870,000
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About Notting Hill 3168

The size of Notting Hill is approximately 1.6 square kilometres. It has 1 park covering nearly 0.3% of total area. The population of Notting Hill in 2016 was 3050 people. By 2021 the population was 2895 showing a population decline of 5.1% in the area during that time. The predominant age group in Notting Hill is 20-29 years. Households in Notting Hill are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Notting Hill work in a professional occupation.In 2021, 47.70% of the homes in Notting Hill were owner-occupied compared with 41.00% in 2016.

Notting Hill has 2,249 properties. Over the last 5 years, Houses in Notting Hill have seen a 24.53% increase in median value, while Units have seen a 13.47% increase. As at 31 January 2026:

  • The median value for Houses in Notting Hill is $1,384,705 while the median value for Units is $410,047.
  • Houses have a median rent of $595 while Units have a median rent of $550.
There are currently 8 properties listed for sale, and 7 properties listed for rent in Notting hill on OnTheHouse. According to Cotality's data, 90 properties were sold in the past 12 months in Notting hill.

Suburb Insights for Notting Hill 3168

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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.