5 Hope Ave, Donvale is a 5 bedroom, 5 bathroom House and was built in 2024. The property has a land size of 918m2 and floor size of 449m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 5 bedroom House sold in Donvale in the last 12 months.
Set atop an enormous 918 sq m approx. allotment, this completely original two bedroom home is ready for its next exciting chapter.
Savvy developers will be attracted to the extra-wide 20.1 metre frontage, providing the perfect basis for a profitable multi-townhouse construction or even one majestic family residence with room for a pool (STCA).
Currently configured with a sunny lounge room, dining room with open fireplace, neat kitchen and rear sunroom, it is the location that will excite. Just around the corner from Mullauna College, Mitcham Primary School and Mitcham Private Hospital, stroll to the Mullum Mullum Trail and buses to Mitcham Village and the train station. Ideally close to Whitefriars College, Carey Grammar and Donvale Christian College.
* Original two bedroom home
* On 918 sq m approx. with an extra-wide 20.1 metre frontage
* Walk to excellent schools and the bus to village shops and the train station
* Near leading private schools
* A lucrative redevelopment site (STCA)
Terms: 10% deposit, balance 30/60/90 days
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:
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