18 Cole Cres, Chadstone is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 635m2 and floor size of 101m2. While the property is not currently for sale or for rent, it was last sold in November 2017.
Dressed with abundant potential, if you have the vision then this is a home with the perfect canvas.
Beautifully sited on a fantastic 620sqm (approx.) allotment with a wide 26m (approx.) frontage, there's scope to build side-by-side townhouses with their own street frontage (STCA). And with the Scotchman's Creek Linear Reserve (and its popular walking trail) just across the road, Chadstone Shopping Centre within walking distance and schools, Oakleigh train station and the Monash Freeway only minutes away, it also presents an attractive option for a new home site (STCA).
The existing three-bedroom home is original in presentation, yet is neat and tidy throughout. Boasting two bathrooms (master with ensuite), double carport, single garage, split-system heating/cooling, generous living, spacious kitchen and a large backyard, it could also be leased out whilst plans and permits are being approved.
The size of Chadstone is approximately 3.1 square kilometres. It has 7 parks covering nearly 9.6% of total area. The population of Chadstone in 2011 was 7,819 people. By 2016 the population was 8,626 showing a population growth of 10.3% in the area during that time. The predominant age group in Chadstone is 20-29 years. Households in Chadstone are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Chadstone work in a professional occupation. In 2011, 59.6% of the homes in Chadstone were owner-occupied compared with 57.5% in 2016.
Chadstone has 5,070 properties. Over the last 5 years, Houses in Chadstone have seen a 23.14% increase in median value, while Units have seen a 12.15% increase. As at 31 October 2024:
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