335  –  337  Bell  Street,  Pascoe  Vale  South  3044  INFORMATION  MEMORANDUM  

 

 

  2  

CONTENTS        

Pascoe  Vale  South  Facts           3                    

Property  Description           4  

Suburb  Profile               5  

House  VS  Unit  Price             7  

Past  Sales                 9  

Demographic               10  

Education                 11    

Food  &  Dining               13  

Transport                 14  

 

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PASCOE VALE SOUTH FACTS

   

     

       

   

Distance  from  Melbourne  CBD:  9  km  (5.6  Miles)  

Address:  335  –  337  Bell  Street,  Pascoe  Vale  South  VIC  3044  

Approximate  size  of  the  suburb:    3  km²  

Surrounding  suburbs:  Essendon  (3040),    Strathmore  (3041),  Pascoe  Vale  (3044),  Brunswick  West  (3055),  Coburg  (3058),  Glenroy  (3046),  Fawkner  (3060)  

Total  of  population  in  2011:  9,553  

Median  age  of  residents:  39  years’  old  

 

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PROPERTY DESCRIPTION

The  following  table  highlights  the  features  of  each  dwelling  developed  at  Bell  Street.  Identification  of  the  number  of  bedrooms,  bathrooms  (including  powder  room  and  ensuite)  and  car  spaces  in  the  12  apartment  dwellings  are  included  below:                                        

  Bedrooms:   Bathrooms:   Car  Spaces:  Dwelling  1   1   1    Dwelling  2   2   1    Dwelling  3   2   1    Dwelling  4   1   1    Dwelling  5   1   1    Dwelling  6   2   1    Dwelling  7   1   1    Dwelling  8   2   1    Dwelling  9   1   1    Dwelling  10   1   1    Dwelling  11   1   1    Dwelling  12   1   1    

 

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SUBURB PROFILE  

                                   

     

Pascoe  Vale  South  is  located  just  nine  kilometres  north  of  Melbourne’s  CBD.  The  small  proximity  to  the  city,  provides  residents  with  the  opportunity  to  enjoy  the  lavish  food  culture  that  Melbourne  has  to  offer  at  their  very  own  doorstep.  Most  dwellings  in  the  suburb  are  separate  houses,  most  built  in  the  first  half  of  the  20th  century  and  up  to  the  1950s.  Several  new  developments  in  the  area  also  provide  a  nice  architectural  contrast  to  the  traditional  properties  you  see  around  the  suburb.  With  a  wide  range  of  excellent  schools  to  choose  from  in  the  area,  you  will  feel  at  ease  knowing  that  your  child  will  receive  the  best  education.  Your  weekend  will  be  filled  with  many  things  to  do  around  the  area  including  a  visit  to  the  Bell  Street  Shopping  Precinct  and  a  walk  along  the  Moonee  Ponds  Creek.  With  a  well  serviced  train,  tram  and  bus  system,  Pascoe  Vale  South  makes  it  easy  to  ensure  you  get  to  where  you  need  to  be.  This  community  loving  suburb  is  the  perfect  place  for  city  commuters  looking  for  a  suburban  lifestyle.              

 

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SUBURB PROFILE    

     

Pascoe  Vale  South  falls  under  the  local  government  area  of  the  City  of  Moreland.  The  City  of  Moreland  comprises  the  inner  northern  suburbs  that  are  4  –  10  kilometres  from  Melbourne’s  CBD.  This  government  area  prides  itself  on  sustainability  and  supporting  a  resilient  community  who  live  in  an  attractive,  accessible  and  safe  environment.  Latest  statistics  shown  in  the  2011  Census  conducted  by  the  Victorian  Government,  state  Pascoe  Vale  South  had  a  population  of  9553.  Many  properties  around  the  area  were  built  in  the  first  half  of  the  20th  century.  However,  many  new  developments  have  been  established,  creating  a  suitable  contrast  in  the  suburb.  Whether  you  are  looking  for  a  property  with  a  bit  of  history  or  whether  you  are  looking  for  something  more  modern,  Pascoe  Vale  South  will  be  able  to  cater  your  suburban  lifestyle  needs.      

 

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HOUSE VS UNIT PRICE

Pascoe  Vale  South  offers  a  variety  of  properties  that  cater  for  a  wide  range  of  potential  residents.  Whether  you  wish  to  purchase  a  house.  a  unit,  apartment  or  townhouse,  Pascoe  Vale  South  is  the  suburb  for  you.  Drawing  data  from  the  graph  below,  one  can  distinguish  the  differences  between  the  median  housing  and  unit  prices  over  the  past  year.  During  the  year  of  2016,  house  and  unit  prices  saw  an  increase.  The  beginning  of  February  2016,  the  average  price  of  a  house  in  Pascoe  Vale  South  was  $748,000  this  rose  by  $72,000  by  the  beginning  of  2017.  Compared  to  the  median  house  price,  the  average  unit  price  increased  but  not  as  much.  The  average  unit  price  increased  by  $16,000  from  February  2016  to  January  2017.            

 

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HOUSE VS UNIT PRICE

The  Difference  Between  the  Cost  of  Buying  

a  Unit  VS  Renting  a  Unit  

The  Difference  Between  the  

Cost  of  Buying  a  House  VS  

Renting  a  House    

 

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PAST SALES  

 

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DEMOGRAPHIC      

In  Pascoe  Vale  South,  you  will  find  the  residents  community  minded,  friendly  and  helpful.  With  a  family-­‐friendly  atmosphere,  Pascoe  Vale  South  has  a  mix  of  families  and  singles  who  absorb  the  suburban  lifestyle  whilst  enjoying  the  hustle  and  bustle  of  the  city.    

With  its  large  affordable  homes  and  newly  developed  estates,  you  will  find  that  majority  of  residents  are  established  couples  and  families.  With  the  population  set  to  rise,  Pascoe  Vale  South  is  becoming  a  very  popular  suburb  and  continues  to  be  a  well-­‐established  suburb  located  on  outskirts  of  the  city.        

 

 

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EDUCATION  Pascoe  Vale  South  is  home  to  many  child  care  centres,  primary  schools,  high  schools  and  tertiary  institutes.  Neighbouring  areas  also  provide  several  options  to  assist  you  in  making  the  right  decision.      

                           

                     

Child  Care  Centres:  § Coburg  &  Pascoe  Vale  South  Child  Minding  Centre  

§ Community  Kids  Pascoe  Vale  Early  Education  Centre  

§ Goodstart  Early  Learning  Pascoe  Vale  § Family  Day  Care  § Doris  Blackburn  Pre-­‐School  Centre  

Primary  Schools:  § Pascoe  Vale  South  Primary  School  § Pascoe  Vale  Primary  School  § St  Oliver  Plunkett  Primary  School  § Coburg  West  Primary  School  § Pascoe  Vale  North  Primary  School  § St  Fidelis  Catholic  Primary  School  § Coburg  Primary  School    

 

 

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 High  Schools:  § Pascoe  Vale  Girls  College  § Strathmore  Secondary  College  § Antonine  College    § Mercy  College  § Glenroy  College  § Glenroy  Private  School  § Coburg  Senior  High  Scool    

 

 Tertiary  Institutes:  § RMIT  University  –  Brunswick  Campus  § Australian  Learning  Organisation      § NMIT  § Kaplan  Business  School  Australia  

   

 

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FOOD & DINING                                                          

Pascoe  Vale  South  has  a  wide  variety  of  restaurants,  including  fine  dining  and  fast  food.  Bell  Street  has  become  increasingly  popular  with  new  and  exciting  cafes  and  restaurants  that  cater  for  all  residents.  There  are  several  options  to  choose  from,  so  you  will  be  always  sure  to  find  the  right  restaurant  to  assist  your  hunger  needs.      As  Pascoe  Vale  South  is  only  nine  kilometres  from  the  city  of  Melbourne,  residents  can  explore  the  fantastic  cuisines  that  the  city  has  to  offer.  The  food  culture  in  Melbourne  has  grown  immensely  and  you  will  never  be  short  of  options.    Explore  new  and  intriguing  restaurants  along  Flinders  Lane,  Degrave  Street  and  South  Bank.      

 

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Bus  routes  include:  § Route  to  Strathmore  Train  Station  § Route  to  Coburg  § Route  to  Melbourne’s  CBD  

 

TRANSPORT    

           

             

   

           

Pascoe  Vale  South  is  serviced  by  many  trams,  trains  and  extensive  bus  systems.  The  suburb  is  serviced  by  one  train  station  (Pascoe  Vale  Station)  located  on  the  Craigieburn  railway  line.  Several  tram  services  operate  throughout  the  suburb,  including  tram  route  59  to  Flinders  Street  Station  and  tram  route  55  to  Domain  Interchange.  Various  bus  routes  also  travel  to  areas  including  Strathmore  train  station,  Bell  Street  and  the  CBD.      

Train  stations  include:  § Pasco  Vale  Station  (Craigieburn  line)  § Strathmore  station  (Craigieburn  railway  line)  

 

Tram  services  include:  § Tram  route  59  to  Flinders  Street  Station  § Tram  route  55  to  Domain  Interchange  

 

 

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