Sold Price 2 - 16 Hopetoun Road, Park Orchards VIC

2 - 16 Hopetoun Road, Park Orchards VIC

residential land

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0

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2 - 16 Hopetoun Road, Park Orchards VIC 3114

Sold `$4,000,000` on 8 Jul 2021

Distance To CBD: 22.69 km
List: $500,000
Measure Land Size
Agency: Philip Webb - Ringwood
Nearby Sold Price Nearby Rent Price

Stamp Duty
Loan Repayment

Stamp Duty

^$221,470

*based on property value $4,000,000 for investment

Mortgage registration fee ^$108

Transfer fee ^$1,362

Stamp duty on property ^$220,000

Monthly Repayment

^$ 17,178

*based on loan amount $3,200,000 for principal and interest

Total interest payable ^$2,984,185

Loan Term 30 years

Annual Interest Rate 5.00%

Similar Sold Properties

Address	Type					Sold Price
25-27 Alva Avenue Park Orchards 3114	residential land	0	0	0	Feb 2024	`$1,370,000`
36-38 Williams Road Park Orchards 3114	residential land	0	0	0	Dec 2023	`$1,900,000`
46-52 Rainbow Valley Road Park Orchards 3114	residential land	0	0	0	Sep 2023	`$1,100,000`
35 Williams Road Park Orchards 3114	residential land	0	0	0	Mar 2022	`$1,550,000`
36-38 Williams Road Park Orchards 3114	residential land	0	0	0	Oct 2021	`$2,200,000`
129 Knees Road Park Orchards 3114	residential land	0	0	0	Aug 2021	`$1,560,000`
1-3 Gosford Crescent Park Orchards 3114	residential land	0	0	0	Jun 2021	`$1,735,000`

Auction History - Park Orchards, VIC 3114

Apr 2024
Feb 2024

Address	Price	Result*	Type		Agent
30-32 Hopetoun Rd	`N/A`	PI	House	4	Hoskins Ma

Address	Price	Result*	Type		Agent
64-68 Berringa Rd	`N/A`	W	House	7	OBrien Rea

Top Sales - Unit- Last 12 months updated 1 Jun 2024

Rank	Address	Sold Price	Type
1	5-7 Minter Court Park Orchards 3114	`$3,550,000`	acreage-semi-rural	5	3	Sep 2023
2	36-38 Williams Road Park Orchards 3114	`$1,900,000`	residential land	0	0	Dec 2023
3	25-27 Alva Avenue Park Orchards 3114	`$1,370,000`	residential land	0	0	Feb 2024
4	46-52 Rainbow Valley Road Park Orchards 3114	`$1,100,000`	residential land	0	0	Sep 2023

Park Orchards, VIC 3114 (`22.69 km` to CBD)

Median House Price

$2,200,777

Median Unit Price

$868,000

Surrounding Suburbs

Nearby Schools

Nearby Train Stations

4.15 km Ringwood Station
4.38 km Heatherdale Station
4.55 km Ringwood East Station

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