FOR SALE
$1,325,000 - $1,370,000

8 Denman Street
Mitcham VIC 3132

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 1014m2
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Redevelopment Opportunity

This cherished and light filled family home poised on a near level deep allotment is now ready for a new beginning spanning approx. 1014m2 approx. This potential rich property is an enticing consideration for the mutiple units developer (STCA) in this coveted tree lined location. Accommodation currently comprises kitchen-dining-living, family room, 3 bedrooms; alfresco retreat plus much loved gardens. Certainly a location winner, within easy reach to Heatherdale railway station, Simpson Park, Rangeview Primary school and local shops. Geared towards astute developers, make your move with absolute confidence in a location that always holds it appeal and high demand. The proximity to all popular services and amenities and have thoroughly enjoyed the many years spent in this neighbourhood.This property currently is tenanted until end of November 2024.
• 1014m2 Approx. Level Allotment
• Mutiple Units Development Site(STCA)
• Easy Reach to Heatherdale Train Station
• Rangeview Primary School Zone
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Property Details for 8 Denman St, Mitcham

8 Denman St, Mitcham is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 1014m2. The place is currently for sale with Ray White Croydon.

Building Type
House
Land Size
1014m2

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About Mitcham 3132

The size of Mitcham is approximately 6.6 square kilometres. It has 23 parks covering nearly 10.8% of total area. The population of Mitcham in 2011 was 14,812 people. By 2016 the population was 16,136 showing a population growth of 8.9% in the area during that time. The predominant age group in Mitcham is 30-39 years. Households in Mitcham are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mitcham work in a professional occupation. In 2011, 73.1% of the homes in Mitcham were owner-occupied compared with 69.8% in 2016.

Mitcham has 9,304 properties. Over the last 5 years, Houses in Mitcham have seen a 12.74% increase in median value, while Units have seen a 13.46% increase. As at 30 November 2024:

  • The median value for Houses in Mitcham is $1,155,276 while the median value for Units is $777,326.
  • Houses have a median rent of $600 while Units have a median rent of $530.
There are currently 32 properties listed for sale, and 5 properties listed for rent in Mitcham on OnTheHouse. According to CoreLogic's data, 390 properties were sold in the past 12 months in Mitcham.

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Mary Wang
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Lynn Mitchell
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Ray White Croydon
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