48/31-37 Norcal Road, Nunawading, VIC 3131 | Property Value & History | OnTheHouse
OFF MARKET

48/31-37 Norcal Road
Nunawading VIC 3131

Bedrooms: -
Bathrooms: -
Car spaces: 3
Floor area: 97m2
Land area: 20930m2
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Property Details for 48/31-37 Norcal Rd, Nunawading

Building Type
Commercial
Floor Size
97m2
Land Size
20930m2
Local Government
Whitehorse
Lot/Plan
48/PS746851

Last Listing description (November 2021)

Colliers are delighted to bring to market, via Expressions of Interest campaign, 48/31-37 Norcal Road, Nunawading closing Thursday the 4th of November at 4pm. The functional office/warehouse is positioned within the new Industrial Nunawading business complex and is surrounded by major arterials including Springvale, Canterbury & Mitcham Road as well as the Maroondah Highway opening up excellent access to EastLink. The facility is also surrounded by unrivalled amenity including an on-site caf and walking distance to Nunawading Station as well as the 'Golden Mile' retail strip of Nunawading.

Key Property Highlights:

- 151sqm* clear span warehouse
- 45sqm* light filled mezzanine office space
- Corner facility
- 3 Phase Power
- End of Trip Facilities
- Container Height Roller Shutter Door
- Three (3) car spaces

With a-grade properties in this location rarely offered to market this is an owner occupier or investors opportunity to secure a much sought after facility. For further information or to book an inspection please contact your exclusive Colliers agents below.

Property History for 48/31-37 Norcal Rd, Nunawading, VIC 3131

A timeline of how this property has performed in the market
Last Sold
$958,650
08 Nov 2021
Listed for Rent
$751/w
20 May 2019
  • 08 Nov 2021
    Sold for $958,650
  • 04 Oct 2021
    Listed for Sale Please Contact Agent
  • 21 Feb 2019
    Listed for Rent - Price not available
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About Nunawading 3131

The size of Nunawading is approximately 5.1 square kilometres. There are 23 parks, covering nearly 4.1% of the total area. The population of Nunawading in 2016 was 11876 people. By 2021 the population was 12413 showing a population growth of 4.5% in the area during that time. The predominant age group in Nunawading is 30-39 years. Households in Nunawading are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Nunawading work in a professional occupation.In 2021, 66.60% of the homes in Nunawading were owner-occupied compared with 68.10% in 2016.

Nunawading has 7,070 properties. Over the last 5 years, Houses in Nunawading have seen a -8.07% decrease in median value, while Units have seen a 0.16% increase. As at 30 June 2026:

  • The median value for Houses in Nunawading is $1,115,992 while the median value for Units is $700,088.
  • Houses have a median rent of $660 while Units have a median rent of $590.
There are currently 10 properties listed for sale, and 2 properties listed for rent in Nunawading on OnTheHouse. According to Cotality's data, 248 properties were sold in the past 12 months in Nunawading.

Suburb Insights for Nunawading 3131

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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.