61 Rathmullen QuadrantDoncaster VIC 3108
Property Details for 61 Rathmullen Qdrt, Doncaster
Last Listing description (February 2024)
SOLD BY WOODARDS MANNINGHAM
A vacant corner block located in the desirable suburb of Doncaster, spanning an impressive 643 square meters, presents an exceptional opportunity for a lucrative residential development. With existing plans and permits in place for the construction of four contemporary townhouses, this property promises a seamless transition from acquisition to commencement of construction.
The proposed architectural plans illustrate a thoughtfully designed layout that maximizes space and functionality, catering to the needs of modern living. Each townhouse boasts a sophisticated and stylish facade, seamlessly blending contemporary aesthetics with the surrounding environment. The spacious interiors are meticulously designed to offer an optimal balance between luxury and practicality, with an emphasis on natural light and open living spaces.
The property's corner position provides a unique advantage, allowing for multiple points of access and ample street frontage, enhancing the overall curb appeal and accessibility for future residents. The strategic location ensures convenient access to essential amenities, including reputable schools, shopping centres, recreational facilities, and public transportation, making it an ideal choice for families, professionals, and investors alike.
With the meticulous planning and acquisition of necessary permits already in place, this property represents a turnkey solution for astute developers or investors seeking to capitalize on the thriving real estate market in Doncaster. Embrace the opportunity to transform this vacant corner block into a contemporary residential haven, catering to the growing demand for sophisticated urban living in one of Doncaster's most sought-after neighbourhoods.
Property History for 61 Rathmullen Qdrt, Doncaster, VIC 3108
- 19 Feb 2024Sold for $1,410,000
- 16 Oct 2023Listed for Sale Not Disclosed
- 30 Oct 2021Sold for $1,600,000
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About Doncaster 3108
The size of Doncaster is approximately 8.8 square kilometres. It has 31 parks covering nearly 17% of total area. The population of Doncaster in 2011 was 18,359 people. By 2016 the population was 20,966 showing a population growth of 14.2% in the area during that time. The predominant age group in Doncaster is 20-29 years. Households in Doncaster are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Doncaster work in a professional occupation. In 2011, 74.8% of the homes in Doncaster were owner-occupied compared with 68.1% in 2016.
Doncaster has 14,842 properties. Over the last 5 years, Houses in Doncaster have seen a 7.98% increase in median value, while Units have seen a 17.11% increase. As at 31 October 2024:
- The median value for Houses in Doncaster is $1,469,088 while the median value for Units is $692,141.
- Houses have a median rent of $734 while Units have a median rent of $600.
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