SOLD
Sold on 19 Apr 2024 for $375,000

309/48 Oleander Drive
Mill Park VIC 3082

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 72m2
Sold By
First National South Morang
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Property Details for 309/48 Oleander Dr, Mill Park

309/48 Oleander Dr, Mill Park is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2014. The property has a floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 2 bedroom Unit sold in Mill Park in the last 12 months.

Building Type
Unit
Year Built
2014
Floor Size
72m2
Local Government
Whittlesea
Lot/Plan
309E/PS703354

Last Listing description (June 2024)

Discover a smart investment opportunity or a delightful abode at 309/48 Oleander Drive, Mill Park, Vic, 3082. This contemporary two-bedroom, two-bathroom apartment is a perfect match for discerning investors, professionals, or couples seeking convenience and style.

Nestled within a modern complex, this property promises a seamless living experience with the added convenience of public transport just a stone's throw away. Indulge in retail therapy with Westfield Plenty Valley at your doorstep, blending shopping and entertainment within easy reach.

Each apartment is thoughtfully designed, this with an expansive balcony. Adding to the convenience is a dedicated car space and storage cage. Whether you're an investor looking to capitalise on the growing demand for rental properties or a young family seeking proximity to childcare and schools, this property ticks all the boxes.

Embrace the comfort and ease that comes with this highly desirable address, making it a prudent choice for those prioritising location, lifestyle, and potential growth.

*Photo ID required at all Areal Property & First National South Morang open for inspections and auctions. Areal Property & First National South Morang may refuse to provide further information on the property should you prefer not to disclose your full contact information including phone number.
**Note: Some images used have been virtually staged.
Disclaimer: We have in preparing this document used our best endeavours to ensure that the information contained in this document is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospect purchasers should make their own enquiries to verify the information contained in this document. Purchasers should make their own enquires and refer to the due diligence check-list provided by Consumer Affairs. Click on the link for a copy of the due diligence check-list from Consumer Affairs
http://www.consumer.vic.gov.au/

Property History for 309/48 Oleander Dr, Mill Park, VIC 3082

A timeline of how this property has performed in the market
Last Sold
$375,000
19 Apr 2024
Listed for Rent
$350/w
08 Jun 2022
  • 19 Apr 2024
    Sold for $375,000
  • 19 Mar 2024
    Listed for Sale $375,000
  • 30 May 2022
    Listed for Rent $350 / 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 11,937 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.