SOLD
RECENT ADVICE
Sold on 28 Nov 2024 for $392,000

308/48 Oleander Drive
Mill Park VIC 3082

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 72m2
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Property Details for 308/48 Oleander Dr, Mill Park

308/48 Oleander Dr, Mill Park is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. The property has a floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 2 bedroom Apartment sold in Mill Park in the last 12 months.

Building Type
Apartment
Floor Size
72m2

Last Listing description (November 2024)

Discover this stylish two-bedroom apartment in the heart of Mill Park, ideal for first-time buyers or savvy investors. With its modern features and a prime location near South Morang Train Station and Westfield Plenty Valley, this property offers comfort and convenience for simple, low-maintenance living.

Property Highlights:

• Two bedrooms, master with ensuite

• Open plan living with split system heating/cooling
• Modern kitchen with stainless steel appliances
• Secure parking and storage

Nearby Amenities:

• 18-minute walk (1.3 km) to South Morang Train Station
• Close to Westfield Plenty Valley
• Near Mill Park Secondary College
• Easy access to public transport

Financial Details:

• Previous Rent: $1,825.00 per month
• Ready to Move In for Occupiers or Rent for Investors


Owners Corporation fees:

• OC1: $439.30 per quarter
• OC3: $752.61 per quarter

Key Features:

• Main bedroom: Ensuite, mirrored BIR, split system
• Second bedroom: Mirrored BIR
• Kitchen: Cooktop, island bench, dishwasher
• Living area: Split system, balcony access
• Main bathroom: Modern design
• Laundry: European-style
• Parking: Remote control access, secure spot for one car
• Storage: Box in the garage area

Take advantage of this opportunity to secure your future in a desirable Melbourne suburb!

DISCLAIMER: All stated dimensions are approximates only. Particulars given are for general information only and do not constitute any representation by the vendor or agent. Please see the below link for an up-to-date copy of the Due Diligence Check List: http://www.consumer.vic.gov.au/duediligencechecklist

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Property History for 308/48 Oleander Dr, Mill Park, VIC 3082

A timeline of how this property has performed in the market
Last Sold
$392,000
28 Nov 2024
Listed for Rent
$420/w
03 Nov 2023
  • 14 Nov 2024
    Sold for $392,000
  • 18 Sep 2024
    Listed for Sale $399,950
  • 25 Oct 2023
    Listed for Rent $420 / week
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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 11,947 properties. Over the last 5 years, Houses in Mill Park have seen a 18.06% increase in median value, while Units have seen a 16.79% increase. As at 30 November 2024:

  • The median value for Houses in Mill Park is $803,119 while the median value for Units is $507,763.
  • Houses have a median rent of $530 while Units have a median rent of $470.
There are currently 36 properties listed for sale, and 22 properties listed for rent in Mill park on OnTheHouse. According to CoreLogic's data, 427 properties were sold in the past 12 months in Mill park.

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Quader Syed
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