637 Goodwood Rd, Panorama is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 847m2.
Top Investment With Redevelopment Potential!
Astute buyers the price is right! Two single storey maisonettes on the one title with a large allotment measuring 850sqm and a 19.51m frontage zoned under the City of Mitcham Policy Area 8. Great opportunity to subdivide and build 2 new semi detached homes, renovate the current dwellings and create new titles or extend for student accommodation all subject to council consent. Whatever you want to do, the choice is yours!
Currently the dwellings are in a tidy, original condition returning $375 per week combined.
The size of Panorama is approximately 1.7 square kilometres. It has 12 parks covering nearly 9.7% of total area. The population of Panorama in 2011 was 2,259 people. By 2016 the population was 2,336 showing a population growth of 3.4% in the area during that time. The predominant age group in Panorama is 50-59 years. Households in Panorama are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Panorama work in a professional occupation. In 2011, 80.5% of the homes in Panorama were owner-occupied compared with 81.2% in 2016.
Panorama has 1,087 properties. Over the last 5 years, Houses in Panorama have seen a 90.37% increase in median value, while Units have seen a 82.84% increase. As at 30 November 2024:
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