SOLD
Sold on 26 Feb 2024 for $374,000

15 Serrano Street
Mickleham VIC 3064

Bedrooms: 5
Bathrooms: 5
Car spaces: 2
Land area: 512m2
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Property Details for 15 Serrano St, Mickleham

Building Type
Land
Land Size
512m2
Local Government
Hume
Lot/Plan
1333/PS846544

Last Listing description (November 2023)

Display home for sale!

Purchasing a quality JG King Home is one of the safest investments you can make. Earn positive income with a premium lease back of 8% which is well above a normal rental return and enjoy peace of mind with the best possible tenant maintaining your investment property.


8% leaseback is guaranteed for a minimum of 24 months with options to extend.

Land is situated in a large community and is close to all amenities such as parks, playgrounds, schools, childcare, shopping, entertainment & transportation.

The home is being built by Victoria's leading steel frame builder. The Lancaster Grande 46 design is currently in planning stage which is the best option for an investment as you can save big on stamp duty buying the display home direct off the plan.


Display Home Inclusions -
TRUECORE steel frame
COLORBOND steel roof
2700mm ceiling height
Caesarstone benchtops throughout
Luxury butler's pantry
Engineered timber floorboards
Reverse cycle heating and cooling
Fully landscaped
Downlights throughout
Alarm system
7.0 star energy rating
European double glazed windows & doors
All electric
Spotted gum decking to Porch & Alfresco
Exposed aggregate concrete to driveway & perimeter of house
50 year structural warranty*

To find out more about the benefits to purchasing a display home contact Miranda today on 0475 006 076



*Leaseback agreement available, terms and length of agreement will vary, please see a Sales Consultant for full conditions and terms of the leaseback agreement. Please note these standard inclusion specifications are subject to change without notice. JG King homes reserves the right to substitute items with an equivalent product at anytime. Subject to developer guidelines and/or council requirements. Whilst every endeavour has been made to ensure the accuracy of the information provided, all images are for illustration purposes only and may depict fixtures, finishes and features either not supplied or above standard design specification. These items may include decorative light fittings, wall finishes, furniture, window furnishings, fireplaces, cladding, in built joinery, facades and landscaping such as planter boxes, retaining walls, water features, fencing and barbeques.
50-year structural warranty subject to application and eligibility criteria. For full terms and conditions and to determine the eligibility of your building for the warranty visit www.bluescopesteel.com.au/warranties or call BlueScope on 1800 022 999. COLORBOND and BlueScope are registered trademarks of BlueScope Steel Limited.
JG King Homes reserves the right to withdraw or alter the price at any time without notice. Copyright 2022. JG King Pty Ltd (T/A J G King Homes) ABN 21 006 627 210 Registered Building Practitioner Licence CDB-U 49366.

^Annual earnings figure is based on selling price of the land & home multiplied by 8% leaseback figure. Does not include factors such as mortgage repayments, interest, insurance, rates and service charges or body corporate fees.

Property History for 15 Serrano St, Mickleham, VIC 3064

A timeline of how this property has performed in the market
Last Sold
$374,000
26 Feb 2024
  • 26 Feb 2024
    Sold for $374,000
  • 17 Aug 2023
    Listed for Sale $1,381,002
  • 25 Oct 2021
    Sold for $374,000

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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.