FOR SALE
$1,500,000 - $1,600,000

5-7 Rangeview Road
Donvale VIC 3111

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2465m2
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Vast Land In Leafy Donvale

OPPORTUNITY
This substantial parcel of vacant land provides the foundations for you to build your very own dream family showpiece or to explore the endless possibilities at your disposal for a multi-dwelling project (STCA).
Currently a clean slate and sitting on a huge 2465m2 approximately on the high side of a leafy streetscape, this sensational offering is a unique and rare opportunity not to be missed.
PROPERTY
A vast parcel of vacant land with lush picture-perfect surrounds in prominent Donvale is ready to be taken into the future.
LOCATION
Ideally positioned in a blue-chip parkland setting of Donvale that puts mother nature's beauty and five-star family orientated conveniences directly at your door. Set moments from Mullum Mullum Reserve, Eastlink Trail, Mullauna College, Mitcham Primary School, Mitcham Private Hospital, Mitcham Shopping Centre, Tunstall Square, Eastland Shopping Centre, Mitcham Train Station and easy Eastern Freeway access for swift link with Melbourne's CBD
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Property Details for 5-7 Rangeview Rd, Donvale

Building Type
Land
Land Size
2465m2

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About Donvale 3111

The size of Donvale is approximately 11.7 square kilometres. It has 26 parks covering nearly 10.8% of total area. The population of Donvale in 2011 was 11,794 people. By 2016 the population was 12,340 showing a population growth of 4.6% in the area during that time. The predominant age group in Donvale is 40-49 years. Households in Donvale are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Donvale work in a professional occupation. In 2011, 82.6% of the homes in Donvale were owner-occupied compared with 80.5% in 2016.

Donvale has 5,522 properties. Over the last 5 years, Houses in Donvale have seen a 22.37% increase in median value, while Units have seen a 12.63% increase. As at 30 November 2024:

  • The median value for Houses in Donvale is $1,521,802 while the median value for Units is $854,743.
  • Houses have a median rent of $785 while Units have a median rent of $625.
There are currently 22 properties listed for sale, and 6 properties listed for rent in Donvale on OnTheHouse. According to CoreLogic's data, 188 properties were sold in the past 12 months in Donvale.

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Steve Dardamanis
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Angela Athanasiadis
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NOEL JONES - (BOX HILL & MITCHAM)
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