12 Redland DriveMitcham VIC 3132
Property Details for 12 Redland Dr, Mitcham
Last Listing description (February 2015)
RED HOT INVESTMENT
Ideal investment opportunity exists within this modern industrial complex. The high clearance warehouse/office features 5 metre roller door access and on-site parking for 8 cars.
*Rent: $35,360pa plus outgoings
*Building Area: 315sqm (approx)
*Site Area: 685sqm (approx)
Located within the highly sought after Redland Industrial Estate, the property provides excellent access to the Eastern Freeway and Eastlink.
Property History for 12 Redland Dr, Mitcham, VIC 3132
- 31 May 2024Sold for $1,875,000
- 06 Jul 2022Transferred
- 14 Jan 2015Listed for Sale Not Disclosed
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0About 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 9,245 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.
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