OFF MARKET

396 Pillars Road
Bangholme VIC 3175

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 119434m2
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Property Details for 396 Pillars Rd, Bangholme

Building Type
Land
Land Size
119434m2
Local Government
Greater Dandenong
Lot/Plan
1/TP374510

Last Listing description (February 2011)

MARKET GARDENS WITH EQUIPMENT
Are you ready for a lifestyle change? Start working for yourself with this profitable market garden in Bangholme. Set over 11.94ha it has all water and electricity connected as well as a South East Water permit for use as a Commercial Market Garden.
Extras included in the sale are dam with two water pumps, 10 commercial greenhouses measuring 6.5m x 50m each and 3 older tractors plus one new valued at $45,000. Currently the vendors are making an estimated $300,000 - $400,000 per annum from running the business. The property is located within easy access to Eastlink and the Monash Freeway for fast delivery.

Other options for the land could be grazing or utilised as a hobby farm. Whatever you're after if you require a large parcel of land, organise your inspection with Theresa today.

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Property History for 396 Pillars Rd, Bangholme, VIC 3175

A timeline of how this property has performed in the market
Last Sold
$2,212,000
30 Nov 2010
  • 30 Nov 2010
    Sold for $2,212,000
  • 08 Oct 2010
    Listed for Sale $3,300,000
  • 01 Nov 2006
    Sold for $1,100,000
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About Bangholme 3175

The size of Bangholme is approximately 23.6 square kilometres. It has 4 parks covering nearly 6% of total area. The population of Bangholme in 2011 was 797 people. By 2016 the population was 786 showing a population decline of 1.4% in the area during that time. The predominant age group in Bangholme is 70-79 years. Households in Bangholme are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Bangholme work in a clerical occupation. In 2011, 81.5% of the homes in Bangholme were owner-occupied compared with 84.2% in 2016..

Bangholme has 192 properties. Over the last 5 years, Houses in Bangholme have seen a 29.08% increase in median value, while Units have seen a 198.40% increase. As at 31 October 2024:

  • The median value for Houses in Bangholme is $1,334,427 while the median value for Units is $1,432,043.
There are currently 2 properties listed for sale, and no properties listed for rent in Bangholme on OnTheHouse. According to CoreLogic's data, 3 properties were sold in the past 12 months in Bangholme.

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