434 Gaffney Street, Pascoe Vale, VIC 3044 sold on 04 June 2026 | OnTheHouse
SOLD
Sold on 04 Jun 2026 for $850,000

434 Gaffney Street
Pascoe Vale VIC 3044

Bedrooms: -
Bathrooms: -
Car spaces: 4
Land area: 249m2
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Property Details for 434 Gaffney St, Pascoe Vale

Building Type
Commercial
Land Size
249m2
Local Government
Merri-Bek
Lot/Plan
1/TP233562

Last Listing description (May 2026)

VACANT POSSESSION OR TWO YEAR LEASEBACK

434 Gaffney Street is superbly positioned within the tightly held suburb of Pascoe Vale, a location known for its strong connectivity, growing population and increasing commercial demand.


The premises maintains existing use rights as a Medical Centre pursuant to Clause 63.01 of the Moreland Planning Scheme. The Permit provides for Medical Doctors/Medical specialists/ Allied Health (which includes naturopaths , Chiropractors, Physiotherapists) to use the premises for that purpose.

The property benefits from excellent access to major arterial roads, including CityLink and the Western Ring Road, enabling efficient travel across metropolitan Melbourne. Its proximity to Melbourne's CBD, approximately 11 km*, enhances its appeal for businesses seeking a balance between affordability and central accessibility. The surrounding area is supported by strong residential growth, ongoing infrastructure investment and a diverse mix of local amenities. This combination continues to attract a wide range of commercial users, reinforcing Pascoe Vale's status as a thriving middle ring precinct.

The location provides convenient access to public transport, with nearby train station and bus routes servicing the area, further supporting staff, customers and service based operators. Pascoe Vale's evolving demographic profile and increasing demand for local services underpin the
fundamentals of the area, offering strong prospects for both occupiers and investors.

434 Gaffney Street comprises a single level retail premises totalling 114m2* of net lettable area. The property offers a functional layout suited to a wide range of commercial uses, including retail, office, consulting or service based operations (STCA).

The building presents well to the street, with strong exposure along Gaffney Street and convenient access for customers and staff. Internally, the premises provides an adaptable floor plan, allowing incoming occupiers to tailor the space to their operational requirements. Additional features include access to surrounding public parking, excellent natural light, and a manageable landholding of 249m2*, providing long term flexibility for both occupiers and investors.

Property History for 434 Gaffney St, Pascoe Vale, VIC 3044

A timeline of how this property has performed in the market
Last Sold
$850,000
04 Jun 2026
  • 04 Jun 2026
    Sold for $850,000
  • 01 Apr 2026
    Listed for Sale $850000.00
  • 30 Jun 2021
    Listed for Sale $860,000 - $930,000
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About Pascoe Vale 3044

The size of Pascoe Vale is approximately 4.9 square kilometres. There are 22 parks, covering nearly 7.4% of the total area. The population of Pascoe Vale in 2016 was 17051 people. By 2021 the population was 18171 showing a population growth of 6.6% in the area during that time. The predominant age group in Pascoe Vale is 30-39 years. Households in Pascoe Vale are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Pascoe Vale work in a professional occupation.In 2021, 62.50% of the homes in Pascoe Vale were owner-occupied compared with 63.10% in 2016.

Pascoe Vale has 10,096 properties. Over the last 5 years, Houses in Pascoe Vale have seen a -0.53% decrease in median value, while Units have seen a 0.81% increase. As at 31 July 2026:

  • The median value for Houses in Pascoe Vale is $1,113,050 while the median value for Units is $665,589.
  • Houses have a median rent of $630 while Units have a median rent of $560.
There are currently 36 properties listed for sale, and 17 properties listed for rent in Pascoe vale on OnTheHouse. According to Cotality's data, 560 properties were sold in the past 12 months in Pascoe vale.

Suburb Insights for Pascoe Vale 3044

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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.