SOLD
Sold on 08 May 2024 for $960,000

113 Mitcham Road
Donvale VIC 3111

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 710m2
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Property Details for 113 Mitcham Rd, Donvale

113 Mitcham Rd, Donvale is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 710m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 3 bedroom House sold in Donvale in the last 12 months.

Building Type
House
Land Size
710m2
Local Government
Manningham
Lot/Plan
1/TP431406

Last Listing description (May 2024)

AUCTION THIS SATURDAY | Discover a remarkable opportunity nestled in a prime, central location with this north-facing, flat 710m2 block, showcasing a substantial 19.74m frontage. Perfectly positioned within walking distance of Tunstall Square and the serene trails of Mullum Mullum/Eastlink, this property presents a versatile canvas for investors, developers, and visionaries alike. With existing permits and detailed drawings for two luxury 4 bed/3 bath town residences, your blueprint for success is already mapped out. However, the real allure comes with its RGZ zoning, opening doors to a multitude of possibilities including a Medical Clinic or Aligned Health Services.

Each meticulously designed townhouse promises an elevated living experience, featuring dual-level layouts with master suites on both floors, an upper retreat, and a family bathroom equipped with a luxurious bath. The open-plan design is a beacon of light and comfort, incorporating a study, spacious kitchen, dining area, and separate living space. Outside, private decked areas and landscaped gardens create an oasis of tranquillity, complemented by double remote garages for a touch of convenience and elegance.

Currently occupied by a charming, single-level clinker brick home, the property itself is a testament to investment potential. With a generously sized living area, a master bedroom with ensuite, additional bedrooms, and a cozy family/meals zone leading to a private garden, it serves as a solid foundation in a family-oriented locale.

Situated a stroll from local amenities and within easy reach of Tunstall Square Shopping Centre, esteemed educational institutions such as Carey Grammar and Donvale Christian College and essential transport links, this location is unmatched. Moreover, the RGZ zoning elevates the potential of this parcel, inviting the development of medical or health services facilities in an area marked by growth and demand.

Seize the chance to inspect this unique allotment and its plans. With the groundwork laid for an impactful development, embark on your next venture in a location primed for prosperity and community enrichment.

Land Size: Approximately 710 Square Metres

Property History for 113 Mitcham Rd, Donvale, VIC 3111

A timeline of how this property has performed in the market
Last Sold
$960,000
08 May 2024
Listed for Rent
$400/w
15 Nov 2018
  • 08 May 2024
    Sold for $960,000
  • 26 Mar 2024
    Listed for Sale $900,000 - $950,000
  • 03 Sep 2019
    Transferred
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About Donvale 3111

The size of Donvale is approximately 11.7 square kilometres. It has 26 parks covering nearly 10.8% of total area. The population of Donvale in 2011 was 11,794 people. By 2016 the population was 12,340 showing a population growth of 4.6% in the area during that time. The predominant age group in Donvale is 40-49 years. Households in Donvale are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Donvale work in a professional occupation. In 2011, 82.6% of the homes in Donvale were owner-occupied compared with 80.5% in 2016.

Donvale has 5,503 properties. Over the last 5 years, Houses in Donvale have seen a 37.14% increase in median value, while Units have seen a 24.13% increase. As at 31 August 2024:

  • The median value for Houses in Donvale is $1,546,514 while the median value for Units is $876,601.
  • Houses have a median rent of $750 while Units have a median rent of $600.
There are currently 18 properties listed for sale, and 4 properties listed for rent in Donvale on OnTheHouse. According to CoreLogic's data, 199 properties were sold in the past 12 months in Donvale.

Suburb Insights for Donvale 3111

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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.