SOLD
Sold on 07 Dec 2023 for $310,000

319B/1 Colombo Street
Mitcham VIC 3132

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 42m2
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Property Details for 319b/1 Colombo St, Mitcham

319b/1 Colombo St, Mitcham is a 1 bedroom, 1 bathroom Unit and was built in 2012. The property has a floor size of 42m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 1 bedroom Unit sold in Mitcham in the last 12 months.

Building Type
Unit
Year Built
2012
Floor Size
42m2
Local Government
Whitehorse
Lot/Plan
307B/PS632398

Last Listing description (February 2024)

Nestled within an exclusive, secure, and affordably accessible entry in the real estate market, this contemporary one-bedroom residence presents itself as a prime investment or an ideal entry point. Positioned for utmost convenience, this sleek apartment offers effortless living amid the vibrant energy of central Mitcham.

Situated in the Colombo complex, residents are immersed in a dynamic lifestyle where the bustling shopping and dining haven of Whitehorse Road unfolds right at their doorstep. The Mitcham Railway Station, facilitating a seamless commute to the CBD, is conveniently located just across the street.

For those who cherish leisure, numerous reserves, trails, and sporting grounds are a mere stroll away, promising delightful recreation in a serene environment. Major retail destinations such as Homemaker HQ, Brand Smart, and Eastland Shopping Centre are in close proximity, adding to the area's allure.

With the Eastern Freeway and EastLink just a few kilometers away, residents enjoy a smooth connection between suburban tranquility, urban vibrancy, and the coastal charm of the Mornington Peninsula.

The apartment itself is tastefully appointed, boasting a luminous and welcoming ambiance. The open living and dining area seamlessly integrates with a well-equipped kitchen, offering direct access to an elevated private balcony. The carpeted bedroom features built-in wardrobes and is complemented by a chic bathroom.

Enhanced with the luxury of reverse cycle heating/air conditioning and a basement car space, this chic apartment stands as an unmissable opportunity for those seeking a stylish and comfortable living experience.

Lease Periodical $356 per week

NOTE: The images displayed are actual current images with the tenants' personal belongings removed from the images for reasons of privacy and quiet enjoyment.

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Property History for 319b/1 Colombo St, Mitcham, VIC 3132

A timeline of how this property has performed in the market
Last Sold
$310,000
07 Dec 2023
Listed for Rent
$340/w
24 Sep 2020
  • 07 Dec 2023
    Sold for $310,000
  • 17 Nov 2023
    Listed for Sale $290,000 - $315,000
  • 11 Oct 2022
    Listed for Rent $355 / week
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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 9,242 properties. Over the last 5 years, Houses in Mitcham have seen a 33.16% increase in median value, while Units have seen a 22.25% increase. As at 31 July 2024:

  • The median value for Houses in Mitcham is $1,195,545 while the median value for Units is $747,603.
  • Houses have a median rent of $593 while Units have a median rent of $510.
There are currently 35 properties listed for sale, and 13 properties listed for rent in Mitcham on OnTheHouse. According to CoreLogic's data, 362 properties were sold in the past 12 months in Mitcham.

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NOEL JONES - (BOX HILL & MITCHAM)
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