OFF MARKET

48 Elms Road
Bangholme VIC 3175

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 21900m2
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Property Details for 48 Elms Rd, Bangholme

Building Type
Land
Land Size
21900m2
Local Government
Greater Dandenong
Lot/Plan
1/TP91901

Last Listing description (March 2022)

48 ELMS RD, BANGHOLME

Find Melbourne's biggest and best growth potential within a couple of minutes of East Link access and just 45 minutes by Freeway to the CBD, on the fringe of Dandenong's booming residential and commercial sector, this exciting approx 21,853sqm Green Wedge site.


This exceptional site represents an astute strategic stake in a location suggesting great future growth, this property would be ideal for land banking purposes to capture it today and create it Tomorrow.

Please call to arrange the copy of information memorandum, contracts and other relevant documentation

NOTE: Link for Due Diligence Checklist
http://www.consumer.vic.gov.au/duediligencechecklist

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Property History for 48 Elms Rd, Bangholme, VIC 3175

A timeline of how this property has performed in the market
Last Sold
$1,520,000
10 Feb 2022
  • 10 Feb 2022
    Sold for $1,520,000
  • 18 Nov 2021
    Listed for Sale Contact Agent

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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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