530 Mcdonalds RoadSouth Morang VIC 3752
Property Details for 530 Mcdonalds Rd, South Morang
Last Listing description (February 2021)
For Sale by Expression of Interest closing Friday 14th November 2008 at 2pm
Surrounded by a plethora of activity, the South Morang retail precinct enjoys a huge catchment area, with over 100,000 people estimated to live within 5km of this site, plus this area has one of the fastest population growth rates in Australia, making this site a strategic land acquisition in the heart of the action!
Key features of this rare offering are:
- Business 3 zone
- Existing improvements providing short term income ($370,000 pa)
- Located opposite the Axis Homemaker Centre, which provides:
- 14,000sqm of retail space
- 2,600sqm of office space
- Parking for over 400 cars
This centre is sure to compliment the development of 530 McDonalds Road.
*Approx
Property History for 530 Mcdonalds Rd, South Morang, VIC 3752
- 13 Jan 2021Listed for Sale Contact Agent
- 14 Sep 2020Sold for $17,700,000
- 06 Jun 2016Sold for $8,580,000
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 11,335 properties. Over the last 5 years, Houses in South Morang have seen a 28.60% increase in median value, while Units have seen a 24.37% increase. As at 31 January 2026:
- The median value for Houses in South Morang is $882,318 while the median value for Units is $587,784.
- Houses have a median rent of $570 while Units have a median rent of $520.
Suburb Insights for South Morang 3752
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