SOLD
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Sold on 22 Aug 2024 for $900,000

140 Mill Park Drive
Mill Park VIC 3082

Bedrooms: 4
Bathrooms: 2
Car spaces: 4
Land area: 928m2
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Property Details for 140 Mill Park Dr, Mill Park

140 Mill Park Dr, Mill Park is a 4 bedroom, 2 bathroom House with 4 parking spaces. The property has a land size of 928m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 4 bedroom House sold in Mill Park in the last 12 months.

Building Type
House
Land Size
928m2

Last Listing description (August 2024)

This charming brick home perfectly positioned on an expansive 922sqm block, offers endless potential for families, developers, and investors alike. This four-bedroom, two-bathroom residence is ideally located with every amenity at your doorstep, including RMIT, Mill Park Primary, and the vibrant Bundoora's University Hill lifestyle district, complete with restaurants, cafes, a gym, and DFO shopping.

This home boasts spacious light-filled living zones, including a formal dining area and an inviting deck accessed through the dining room. The kitchen is equipped with stainless steel appliances, ensuring a modern cooking experience. The master bedroom features an ensuite and walk-in robe, while the main bathroom includes a luxurious spa, catering to all your family's comfort needs.

Additional features includes cooling and ducted heating, providing year-round comfort, and a two-car garage with an extra-long driveway, perfect for car enthusiasts, mechanics, or truck owners alike.

Developers, take note of the incredible potential to redevelop this rare, large block into a multi-unit site (STCA). The opportunity to build up units on this 928sqm land makes it a smart investment for those looking to capitalize on the high-demand area of Mill Park.

This property is a must-see for anyone looking for a family home with development potential. Don't miss out on this fantastic opportunity to secure a prime piece of real estate in Mill Park.

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Material Facts Apply - please refer to the contract of sale and vendor statement for material facts and seek legal advice if required.

Land size sourced from land.vic.gov.au. This document has been prepared to assist solely in the marketing of this property.
While all care has been taken to ensure the information provided herein is correct, Harcourts Rata & Co takes no responsibility for any inaccuracies.
Accordingly all interested parties should make their own enquiries to verify the information, including and not limited to land size.

Property History for 140 Mill Park Dr, Mill Park, VIC 3082

A timeline of how this property has performed in the market
Last Sold
$900,000
22 Aug 2024
  • 22 Aug 2024
    Sold for $900,000
  • 26 Jul 2024
    Listed for Sale Not Disclosed
  • 16 Feb 2018
    Sold for $850,000
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About Mill Park 3082

The size of Mill Park is approximately 12.8 square kilometres. It has 60 parks covering nearly 18.3% of total area. The population of Mill Park in 2011 was 30,517 people. By 2016 the population was 29,732 showing a population decline of 2.6% in the area during that time. The predominant age group in Mill Park is 50-59 years. Households in Mill Park are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mill Park work in a professional occupation. In 2011, 79.2% of the homes in Mill Park were owner-occupied compared with 76.3% in 2016.

Mill Park has 11,937 properties. Over the last 5 years, Houses in Mill Park have seen a 20.86% increase in median value, while Units have seen a 20.37% increase. As at 31 October 2024:

  • The median value for Houses in Mill Park is $804,031 while the median value for Units is $509,826.
  • Houses have a median rent of $523 while Units have a median rent of $460.
There are currently 64 properties listed for sale, and 28 properties listed for rent in Mill park on OnTheHouse. According to CoreLogic's data, 407 properties were sold in the past 12 months in Mill park.

Suburb Insights for Mill Park 3082

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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.