4. Property Auction Result

2/25-27 Madison Av, Narre Warren VIC 3805

2/25-27 Madison Av, Narre Warren VIC 3805

unit 2

Sold $500,000 on 29 Oct 2022

Distance To CBD: 36.15 km

Measure Land Size

  • Agency: Grant's Estate Agents Narre Warren

    Nearby Sold Price

    • Map And Street View
    Please note that location of this property on map is approximate and street view images may not show the exact property advertised.

    Stamp Duty Calculator

    Total

    $ 26,540

    Mortgage registration fee $108

    Transfer fee $1,362

    Stamp duty on property $25,070
    *based on property value $500,000 for investment

    Loan Repayment Calculator

    Monthly Repayment

    $ 2,147

    Total interest payable $373,023

    Loan Term 30 years

    Annual Interest Rate 5.00%
    *based on loan amount $400,000 for principal and interest
    Note: The results from this calculator should be used as an indication only. Results do not represent either quotes or pre-qualifications for a loan. It is advised that you consult your financial adviser before taking out a loan.
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    Comparable Sold Properties

    Address Sold Price
    2/52-60 Victoria Road 2 $500,000
    2/3 Pentland Drive 2 $600,000
    12/95 Prospect Hill Road 2 $512,000
    2A Costata Court 2 $530,000
    18/40-50 Victoria Road 2 $532,000
    1/39 Barondi Avenue 2 $540,000
    1/569 Princes Highway 2 $490,000
    1/49 Heyington Circle 2 $515,000

    Comparable Rent Properties

    Address Rent Price
    12/7-9 Denise Court 2 $420 p/w
    14/7-9 Denise Court 2 $450 p/w
    2/62 Lantana Drive 2 $400 p/w
    3/51 Franleigh Drive 2 $480 p/w
    1/57 Ravensthorpe Crescent 2 $430 p/w
    13/6 Sylvanwood Crescent 2 $480 p/w
    2/5 Emerald Court 2 $440 p/w
    2/57 Amber Crescent 2 $395 p/w
    Auction History - Narre Warren, VIC 3805
    2024 April
    Address Price Result*
    17 Heatherlea Cr $685,000 S 3
    503 Princes Hwy $865,000 S 3
    2024 March
    Address Price Result*
    2/12 Tamarisk Rd $590,000 SP 3
    13 Delta Ct N/A W 4

    Narre Warren, VIC 3805
    (38.33 km to CBD)

    Median House Price

    $745,000

    Median Unit Price

    $515,500

    Surrounding Suburbs

    Nearby Train Stations

    2.79 km Narre Warren Station
    2.97 km Hallam Station
    5.78 km Berwick Station

    Nearby Schools

    0.43 km Fountain Gate Secondary College
    0.63 km Dandenong Valley Special Developmental School
    0.52 km Maramba Primary School
    0.76 km Fountain Gate Primary School
    1.45 km Mary MacKillop Primary School
    1.59 km Oatlands Primary School