1 Carrington StreetSydenham VIC 3037
Property Details for 1 Carrington St, Sydenham
Last Listing description (January 2026)
* FOR A FULL SET OF PLANS AND APPROVALS, CONTACT JOSEPH ABRAHAM TODAY* 8 UNIT DEVELOPMENT WITH ENDORSED PLANS AND ALL RELEVANT APPROVALS MEANING YOU CAN START IMMEDIATELY* SYMMETRICAL LAND DIMENSION* LOCATED IN A PRIME GROWTH CORRIDOR WITH WATERGARDENS TRAIN STATION AND SHOPPING CENTRE WITHIN WALKING DISTANCE* AMAZING RESELL VALUES CAN BE ACHIEVED ALONG WITH AMAZING RENTAL RETURNS IF YOU CHOOSE TO RETAINAn amazing and very rare opportunity is presented here! This prime land site has had all of the hard work already completed and it is ready for immediate development. The home itself is still in fantastic condition which means it can be either occupied or rented out if you don't plan to start the development immediately. All 8 units have been carefully designed and considered which means resale or rental values for each dwelling will be at the highest possible projected value. This opportunity is presented for the most astute investor and you can be certain that it will pay you back a handsome return! Property Features:* 3 bedrooms - Master bedroom with full ensuite* Cosy lounge room featuring a wood-fire heater* Separate multi-purpose rumpus room* Beautifully presented and highly functional central kitchen* Set on a symmetrical block which measures approxiumately 1555 m2* Endorsed plans and all relevant approvals have been obtained for an 8 unit development * Located in a prime growth corridor with Watergardens Shopping Centre, Watergardens Train Station, major highways and other conveniences right at your doorstepThis is an opportunity not to be missed - Call Joseph today to express your interest!Proudly Presented in conjunction with CROID PROPERTY ADVOCATES - TURNING PROPERTY INTO OPPORTUNITY
Property History for 1 Carrington St, Sydenham, VIC 3037
- 04 Oct 2025Sold for $1,540,000
- 02 Sep 2025Listed for Sale SOLD AT AUCTION $1,540,000
- 18 Feb 2025Listed for Sale $1,550,000 - $1,650,000 I 8 UNIT DEVELOPMENT!
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About Sydenham 3037
The size of Sydenham is approximately 3.6 square kilometres. It has 23 parks covering nearly 8.4% of total area. The population of Sydenham in 2016 was 10838 people. By 2021 the population was 10578 showing a population decline of 2.4% in the area during that time. The predominant age group in Sydenham is 20-29 years. Households in Sydenham are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Sydenham work in a professional occupation.In 2021, 66.50% of the homes in Sydenham were owner-occupied compared with 64.80% in 2016.
Sydenham has 4,421 properties. Over the last 5 years, Houses in Sydenham have seen a 25.90% increase in median value, while Units have seen a 22.04% increase. As at 31 December 2025:
- The median value for Houses in Sydenham is $810,402 while the median value for Units is $523,242.
- Houses have a median rent of $530 while Units have a median rent of $465.
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