SOLD
Sold on 20 Sep 2024 for $1,000,000

11 Mckeon Road
Mitcham VIC 3132

Bedrooms: 1
Bathrooms: 1
Car spaces: 2
Land area: 166m2
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Property Details for 11 Mckeon Rd, Mitcham

Building Type
Commercial
Land Size
166m2
Local Government
Whitehorse
Lot/Plan
7/LP52907

Last Listing description (June 2010)

Investors Take Note Or Owner occupy
A great way to start your real estate portfolio or a fantastic location to run a business from.
Situated in a sought after location this shop and office currently being occupied and will make good investment.

Featuring: showroom or office and rear workshop with rear on-site parking. Gross building area including mezzanine storage: 180m 2 approx. Zoned: Business Zone 1. Offered with vacant possession. Suit owner-occupier/????????????????????????investor/????????????????????????developer (STCA).
For Inspection Contact: Patrick Low 0422 572 922
Manu Sandhu 0433 200 934
Monica Luong 0413 535 954
Sharon Miao 0421 892 821
Peng Chung 0418 179 752

Property History for 11 Mckeon Rd, Mitcham, VIC 3132

A timeline of how this property has performed in the market
Last Sold
$1,000,000
20 Sep 2024
  • 20 Sep 2024
    Sold for $1,000,000
  • 02 Jul 2021
    Sold for $262,500
  • 18 Jun 2010
    Sold for $371,000
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About Mitcham 3132

The size of Mitcham is approximately 6.6 square kilometres. It has 23 parks covering nearly 10.8% of total area. The population of Mitcham in 2011 was 14,812 people. By 2016 the population was 16,136 showing a population growth of 8.9% in the area during that time. The predominant age group in Mitcham is 30-39 years. Households in Mitcham are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mitcham work in a professional occupation. In 2011, 73.1% of the homes in Mitcham were owner-occupied compared with 69.8% in 2016.

Mitcham has 9,248 properties. Over the last 5 years, Houses in Mitcham have seen a 16.56% increase in median value, while Units have seen a 18.91% increase. As at 31 October 2024:

  • The median value for Houses in Mitcham is $1,169,075 while the median value for Units is $790,437.
  • Houses have a median rent of $600 while Units have a median rent of $530.
There are currently 46 properties listed for sale, and 5 properties listed for rent in Mitcham on OnTheHouse. According to CoreLogic's data, 384 properties were sold in the past 12 months in Mitcham.

Suburb Insights for Mitcham 3132

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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.