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Sold on 22 Jul 2024 for $530,000

18 Panorama Drive
Hillside VIC 3037

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 364m2
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Property Details for 18 Panorama Dr, Hillside

18 Panorama Dr, Hillside is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 364m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 3 bedroom House sold in Hillside in the last 12 months.

Building Type
House
Land Size
364m2
Local Government
Melton
Lot/Plan
68/PS522428

Last Listing description (July 2024)

Positioned in a serene leafy location of Hillside, we have on offer this perfectly presented home. Brimming with natural light, you will feel welcomed from the moment you enter. Offering a low maintenance lifestyle, this property comprises 3 bedrooms, all with built-in robes, bright central bathroom and a double auto garage.

18 Panorama Drive encompasses open plan living, with the kitchen area boasting a walk-in pantry, ample cupboard space and essential appliances. Additional features include a second living area, gas ducted heating, low maintenance backyard, and a shed. Located within close proximity to Melton Highway and amenities including childcare, medical facilities, and schools. Surrounding parks and recreational areas include John Paul Drive Reserve, Parkwood Green, Grandview Park, Sugargum Reserve, and more. Watergardens Station and Watergardens Shopping Centre also within your fingertips. The current rental yield is $1,738 PCM with the rental agreement ending on 08/08/24. This one will not last! (Note: Internal photography has been virtually staged)

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Property History for 18 Panorama Dr, Hillside, VIC 3037

A timeline of how this property has performed in the market
Last Sold
$530,000
22 Jul 2024
Listed for Rent
$400/w
26 Jul 2023
  • 22 Jul 2024
    Sold for $530,000
  • 16 May 2024
    Listed for Sale $530,000
  • 16 Jun 2023
    Listed for Rent $400 / week
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About Hillside 3037

The size of Hillside is approximately 8.2 square kilometres. It has 29 parks covering nearly 9.8% of total area. The population of Hillside in 2011 was 16,326 people. By 2016 the population was 17,052 showing a population growth of 4.4% in the area during that time. The predominant age group in Hillside is 40-49 years. Households in Hillside are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Hillside work in a clerical occupation. In 2011, 83.3% of the homes in Hillside were owner-occupied compared with 83% in 2016.

Hillside has 6,115 properties. Over the last 5 years, Houses in Hillside have seen a 26.98% increase in median value, while Units have seen a 19.99% increase. As at 31 August 2024:

  • The median value for Houses in Hillside is $799,897 while the median value for Units is $538,448.
  • Houses have a median rent of $510 while Units have a median rent of $430.
There are currently 17 properties listed for sale, and 6 properties listed for rent in Hillside on OnTheHouse. According to CoreLogic's data, 210 properties were sold in the past 12 months in Hillside.

Suburb Insights for Hillside 3037

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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.