46 Oleander DriveMill Park VIC 3082
Property Details for 46 Oleander Dr, Mill Park
Last Listing description (October 2023)
GormanKelly is pleased to exclusively present for SALE 46 Oleander Drive, MILL PARK.
Key investment highlights include:
- Building area: 172 sqm*
- Excellent investment opportunity
- 3 secure car parks
- Returning $49,172.76 net per annum + GST
- 3% fixed increases
- Option renewed for further five (5) years from October 2023
- One (1) further term of five (5) years
- Close to Bunnings & Major Car Dealerships
- 550 metres from Westfield Plenty Valley
- Near South Morang Station
- Property video: https://youtu.be/EtLl44TGv6s
For further information please contact the exclusive marketing agents.
Just off Plenty Road and McDonalds Road, close to the Hume Highway and Metropolitan Ring Road, 46 Oleander Drive is located on the western side of Oleander Drive and is just 550 metres away from Westfield Plenty Valley. The property is close to Bunnings and major car dalderships including Mitsubishi, Toyota, Mazda and Kia.
The property is situated amongst other retail, office and medical users.
Be part of the epicenter of the outer northern suburbs population growth, 25 kilometres north of the CBD.
Property History for 46 Oleander Dr, Mill Park, VIC 3082
- 10 Feb 2024Sold for $830,000
- 03 Jul 2023Listed for Sale $850,000
- 02 Mar 2018Sold for $638,000
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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 11,938 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.
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