SOLD
Sold on 26 Mar 2024 for $465,000

5 Malt Lane
Mill Park VIC 3082

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1889m2
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Property Details for 5 Malt Lane, Mill Park

Building Type
Commercial
Land Size
1889m2
Local Government
Whittlesea
Lot/Plan
33/PS508482

Last Listing description (October 2023)

Located in the rear of a exclusive Commercial/Retail hub at 20 The Link Mill Park, is this near new warehouse.

Warehouse: 110m2

Features Include:

Total build size 110 SQM approx
Motorised roller door
Toilet and kitchenette
On site parking
Outstanding location close to all amenities
Commercial 2 Zone (C2Z)

Property History for 5 Malt Lane, Mill Park, VIC 3082

A timeline of how this property has performed in the market
Last Sold
$465,000
26 Mar 2024
Listed for Rent
$402/w
15 Dec 2022
  • 26 Mar 2024
    Sold for $465,000
  • 04 Aug 2023
    Listed for Sale $485,000
  • 01 Jun 2022
    Listed for Rent - Price not available
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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.
There are currently 62 properties listed for sale, and 25 properties listed for rent in Mill park on OnTheHouse. According to CoreLogic's data, 406 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.