SOLD
Sold on 10 Apr 2024 for $6,600,000

500 Boundary Road
Derrimut VIC 3026

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 3103m2
Sold By
Bosisto Commercial Real Estate
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Property Details for 500 Boundary Rd, Derrimut

Building Type
Commercial
Land Size
3103m2
Local Government
Brimbank
Lot/Plan
1/PS615267

Last Listing description (December 2020)

- 2,230m2 office warehouse inc 250m2 offices
- Secure yard with 23 onsite car spaces
- Industrial 2 Zone - Flexible Use

- 8.6m minimum internal clearance
- 2 container height roller doors
- Staff amenities & open plan office 250m2
- Remote Gates to secure front yard area

Contact Henry on 0410 191 636 to arrange an inspection.

Property History for 500 Boundary Rd, Derrimut, VIC 3026

A timeline of how this property has performed in the market
Last Sold
$6,600,000
10 Apr 2024
Listed for Rent
$3.85k/w
05 Jul 2020
  • 10 Apr 2024
    Sold for $6,600,000
  • 03 May 2020
    Listed for Rent $201,000 / year
  • 05 Feb 2020
    Listed for Sale $3,679,500 + GST
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About Derrimut 3026

The size of Derrimut is approximately 12.8 square kilometres. It has 15 parks covering nearly 15.8% of total area. The population of Derrimut in 2011 was 5,991 people. By 2016 the population was 8,268 showing a population growth of 38.0% in the area during that time. The predominant age group in Derrimut is 30-39 years. Households in Derrimut are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Derrimut work in a professional occupation. In 2011, 77.3% of the homes in Derrimut were owner-occupied compared with 75.9% in 2016.

Derrimut has 3,623 properties. Over the last 5 years, Houses in Derrimut have seen a 22.07% increase in median value, while Units have seen a -1.44% decrease. As at 31 July 2024:

  • The median value for Houses in Derrimut is $772,967 while the median value for Units is $493,358.
  • Houses have a median rent of $550 while Units have a median rent of $400.
There are currently 15 properties listed for sale, and 14 properties listed for rent in Derrimut on OnTheHouse. According to CoreLogic's data, 92 properties were sold in the past 12 months in Derrimut.

Suburb Insights for Derrimut 3026

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.