OFF MARKET

429B/1 Colombo Street
Mitcham VIC 3132

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 56m2
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Property Details for 429b/1 Colombo St, Mitcham

429b/1 Colombo St, Mitcham is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2012. The property has a floor size of 56m2. While the property is not currently for sale or for rent, it was last sold in January 2010.

Building Type
Unit
Year Built
2012
Floor Size
56m2
Local Government
Whitehorse
Lot/Plan
419B/PS632398

Last Listing description (October 2013)

LOCATION AND CONVENIENCE IN MITCHAM
LOCATED IN THE HEART OF MITCHAM THIS FOURTH FLOOR APARTMENT IS LESS THAN 12 MONTHS OLD, WITH OPEN PLAN LIVING, KITCHEN AND DINING AREA AND A PRIVATE BALCONY THIS PROPERTY IS SURE TO PLEASE FIRST HOME BUYERS OR THE ASTUTE INVESTOR WANTING TO CAPITALISE ON AN APPROXIMATE RENTAL RETURN OF $285 TO $300 PER WEEK. MODERN COMFORTS INCLUDE PREMIUM FIXTURES AND FITTINGS, STAINLESS STEEL APPLIANCES, PURE WOOL CARPETS, REVERSE CYCLE HEATING AND COOLING THROUGHOUT. OTHER FEATURES INCLUDE SECURITY ENTRANCE WITH VIDEO INTERCOM AND SECURE REMOTE BASEMENT CAR PARK WITH DIRECT LIFT ACCESS LOCATED WITHIN EASY ACCESS TO MITCHAM TRAIN STATION, SHOPS AND CAFES, THIS APARTMENT WILL SUIT YOUNG PROFESSIONALS, INVESTORS AND DOWNSIZERS, LOOKING FOR A CONVENIENT AND MODERN LIFESTYLE. PLEASE NOTE THIS PROPERTY IS CURRENTLY TENANTED UNTIL LATE MARCH 2014 AT $1235 PER MONTH. PLEASE CONTACT US FOR FURTHER INFORMATION AND TO INSPECT THIS PROPERTY. WE LOOK FORWARD TO SHOWING YOU THROUGH THE HOME. PHOTO ID REQUIRED AT ALL INSPECTIONS. CONTACT MICHAEL NOW TO REGISTER YOUR INTEREST.

Property History for 429b/1 Colombo St, Mitcham, VIC 3132

A timeline of how this property has performed in the market
Last Sold
$315,000
09 Jan 2010
Listed for Rent
$285/w
14 Sep 2013
  • 25 Oct 2013
    Listed for Sale ABOVE $300,000
  • 03 Sep 2013
    Listed for Rent $285 / week
  • 09 Jan 2010
    Sold for $315,000

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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 9,241 properties. Over the last 5 years, Houses in Mitcham have seen a 26.65% increase in median value, while Units have seen a 11.96% increase. As at 31 August 2024:

  • The median value for Houses in Mitcham is $1,179,310 while the median value for Units is $708,155.
  • Houses have a median rent of $590 while Units have a median rent of $520.
There are currently 40 properties listed for sale, and 14 properties listed for rent in Mitcham on OnTheHouse. According to CoreLogic's data, 361 properties were sold in the past 12 months in Mitcham.

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