15 Gorge RoadSouth Morang VIC 3752
Property Details for 15 Gorge Rd, South Morang
Last Listing description (September 2006)
$250,000 Plus
In years gone by, many astute investors targeted brand new homes in newly developing areas on the outskirts of Melbourne. They looked for areas that were well serviced by schools and transport, with major shopping centres to be built, then they got in before the price rises that inevitably follow growing demand!
Nowadays, these areas are well-established suburbs like Greensborough and Doncaster. But there is now a new opportunity to get in early in a NEW growth corridorand if youre quick you could be one of the astute investors who gets in before the next wave of buyers!
Built by a respected local Builder,
Choice of double and single storey,
Choice of 2 Bedrooms or 3 available,
All with lock up garages,
Many with their own street frontage,
HUGE stamp duty savings available,
Strong demand from quality tenants,
Prices start at just $265,000!
Dont be one of the many wholl look back on this opportunity in years to come and wish that theyd got in on the ground floor too!
Property History for 15 Gorge Rd, South Morang, VIC 3752
- 30 May 2025Sold for $680,000
- 27 Jun 2006Listed for Sale Contact Agent
Recent sales nearby
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0About South Morang 3752
The size of South Morang is approximately 21.0 square kilometres. It has 70 parks covering nearly 37.1% of total area. The population of South Morang in 2016 was 24060 people. By 2021 the population was 24989 showing a population growth of 3.9% in the area during that time. The predominant age group in South Morang is 40-49 years. Households in South Morang are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in South Morang work in a professional occupation.In 2021, 76.00% of the homes in South Morang were owner-occupied compared with 76.90% in 2016.
South Morang has 11,337 properties. Over the last 5 years, Houses in South Morang have seen a 28.43% increase in median value, while Units have seen a 29.68% increase. As at 31 December 2025:
- The median value for Houses in South Morang is $880,497 while the median value for Units is $590,138.
- Houses have a median rent of $560 while Units have a median rent of $520.
Suburb Insights for South Morang 3752
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