8 Parliament StreetPoint Cook VIC 3030
Property Details for 8 Parliament St, Point Cook
Last Listing description (October 2017)
Secure 15 year lease to Sparrow Early Learning to 2029
One further 10 year option to 2039
Sparrow Early Learning: experienced and successful early education provider with 30 centres nationally
As new 850 sqm purpose built facility, licensed for 114 places
Prominent 2,383 sqm corner site with dual street frontage of 108 metres
Strategically located only 1.7km from the Coles and kmart anchored Sanctuary Lakes Shopping Centre and 25km from the Melbourne CBD
Wyndham City: one of the largest growth areas in Australia and expected to grow by a further 377,000 residents with an additional 164,000 jobs over the next 30 years
Net Income: $319,486 pa
Auction 11am AEST Wednesday 9 August 2017
River Room, Crown Casino, Melbourne
Property History for 8 Parliament St, Point Cook, VIC 3030
- 09 Aug 2017Sold for $5,780,000
- 12 Jul 2017Listed for Sale Price on Request
- 19 Nov 2013Sold for $1,220,264
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0About Point Cook 3030
The size of Point Cook is approximately 38.9 square kilometres. It has 97 parks covering nearly 27.7% of total area. The population of Point Cook in 2016 was 49929 people. By 2021 the population was 66781 showing a population growth of 33.8% in the area during that time. The predominant age group in Point Cook is 30-39 years. Households in Point Cook are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Point Cook work in a professional occupation.In 2021, 65.50% of the homes in Point Cook were owner-occupied compared with 67.40% in 2016.
Point Cook has 27,121 properties. Over the last 5 years, Houses in Point Cook have seen a 29.76% increase in median value, while Units have seen a 23.82% increase. As at 31 December 2025:
- The median value for Houses in Point Cook is $899,158 while the median value for Units is $624,377.
- Houses have a median rent of $565 while Units have a median rent of $525.
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