SOLD
Sold on 17 Sep 2024 for $424,000

10 Bonanza Street
Mickleham VIC 3064

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 200m2
Land area: 423m2
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Property Details for 10 Bonanza St, Mickleham

Building Type
Land
Year Built
2023
Floor Size
200m2
Land Size
423m2
Local Government
Hume
Lot/Plan
5201/PS905668

Last Listing description (July 2024)

In the rapidly evolving suburb of Mickleham, a golden opportunity awaits for those with a vision to build their dream home. A generously-sized block of land, measuring 423m2 with dimensions of 16 meters in width and 26.5 meters in length, stands as a canvas for your future. This land promises more than just a place to build; it offers a gateway to a lifestyle filled with convenience and potential growth.

Mickleham, known for its incredible growth trajectory, has become a coveted location for homebuyers and investors alike. The presence of two schools in close proximity is a testament to the suburb's commitment to education. Families will find that their children's educational journey is well-catered for, and this land presents an ideal opportunity to establish roots and create a nurturing environment for the future.

But education is just the beginning of the amenities in this thriving community. A nearby gym ensures that residents can easily maintain an active and healthy lifestyle, promoting physical well-being. In addition, a medical center provides easy access to healthcare services, granting peace of mind to those who prioritize their health and well-being.

For your everyday needs and shopping convenience, Mickleham offers not one but two shopping centers within easy reach. Whether you're picking up groceries or indulging in a little retail therapy, you won't have to venture far.

Families with young children will appreciate the availability of childcare facilities, making daily routines more manageable and allowing parents to balance their work and family life.

Perhaps one of the most enticing aspects of this block of land is its high potential for growth. Mickleham's real estate market has been on an upward trajectory, and the future looks even brighter. The suburb's strategic location, close to major transport routes and the promise of ongoing infrastructure developments, positions it as a prime destination for those who seek both an excellent investment and a wonderful place to call home.

In conclusion, this 423m2 block of land in Mickleham is not just an empty plot; it's a piece of a thriving and promising community. With two nearby schools, a gym, a medical center, two shopping centers, and childcare facilities, it's designed for modern, convenient living. The high potential for growth in the suburb makes it a smart investment opportunity, offering both the present comforts and future prosperity that every homeowner or investor desires. Seize this chance to be a part of Mickleham's exciting journey towards an even brighter tomorrow.

For more info please contact Amreen Singh on 0455556041

Due diligence checklist - for home and residential property buyers -
http://www.consumer.vic.gov.au/duediligencechecklist

Property History for 10 Bonanza St, Mickleham, VIC 3064

A timeline of how this property has performed in the market
Last Sold
$424,000
17 Sep 2024
  • 17 Sep 2024
    Sold for $424,000
  • 23 Nov 2023
    Listed for Sale Price on Application

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About Mickleham 3064

The size of Mickleham is approximately 54.7 square kilometres. It has 10 parks covering nearly 3.1% of total area. The population of Mickleham in 2011 was 1,184 people. By 2016 the population was 3,141 showing a population growth of 165.3% in the area during that time. The predominant age group in Mickleham is 20-29 years. Households in Mickleham are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mickleham work in a trades occupation. In 2011, 91.6% of the homes in Mickleham were owner-occupied compared with 90.6% in 2016.

Mickleham has 13,085 properties. Over the last 5 years, Houses in Mickleham have seen a 29.50% increase in median value, while Units have seen a 0.54% increase. As at 31 October 2024:

  • The median value for Houses in Mickleham is $715,895 while the median value for Units is $539,731.
  • Houses have a median rent of $545 while Units have a median rent of $490.
There are currently 177 properties listed for sale, and 37 properties listed for rent in Mickleham on OnTheHouse. According to CoreLogic's data, 844 properties were sold in the past 12 months in Mickleham.

Suburb Insights for Mickleham 3064

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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.