25-35 Park RoadDonvale VIC 3111
Property Details for 25-35 Park Rd, Donvale
Last Listing description (March 2024)
A significant landholding opportunity has presented itself in a sought-after pocket in one of the East's most desirable suburbs.
Spanning an incredible 1.37ha of prime residential land - some of the last of its kind - plans & permits have been approved for 35 different townhouses which, when built, will constitute one of the most unique residential opportunities available in the Donvale quarter.
This exceptional pocket is in high-demand by families, and for good reason. Walking distance from the highly-acclaimed Mullauna College & Mitcham Primary School, it remains within minutes of leading private schools Yarra Valley Grammar & Whitefriars College. Selling these diverse and unique packages will prove incredibly easy.
The Eastlink Trail sits less than 200m away before opening directly onto Mullum Mullum Reserve. This pocket promotes easy access to Mitcham Plaza, Tunstall Square, and Eastland SC.
Property History for 25-35 Park Rd, Donvale, VIC 3111
- 28 Mar 2024Sold for $10,836,100
- 22 Mar 2023Listed for Sale Contact Agent
- 17 Aug 2022Listed for Sale Contact Agent
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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 5,498 properties. Over the last 5 years, Houses in Donvale have seen a 27.00% increase in median value, while Units have seen a 13.71% increase. As at 31 October 2024:
- The median value for Houses in Donvale is $1,544,580 while the median value for Units is $856,707.
- Houses have a median rent of $785 while Units have a median rent of $620.
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