OFF MARKET

523B/1 Colombo Street
Mitcham VIC 3132

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 41m2
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Last updated 11 Nov 2024
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Property Details for 523b/1 Colombo St, Mitcham

523b/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 41m2. While the property is not currently for sale or for rent, it was last sold in May 2022.

Building Type
Unit
Year Built
2012
Floor Size
41m2
Local Government
Whitehorse
Lot/Plan
513B/PS632398

Last Listing description (November 2022)

With the best of Mitcham at your fingertips and the CBD a stress-free commute away via Mitcham train station, get excited about the executive lock-and-leave lifestyle in the heart of magnificent Mitcham that could be yours with this chic one-bedroom apartment.

Housed within a secure apartment complex with swipe entry, secure basement parking and leafy grounds, the executive buyer will not only benefit from living within footsteps of transport options, an array of gourmet eateries and retail shops, Mitcham Shopping Centre and parks, but also the elevated standard of living attached to this stylish urban sanctuary.


Boasting a desirable 5th floor position with stunning north-facing views towards the Kinglake Ranges, youll also marvel at the picture of perfection that is this ultra-contemporary glamour thats easy on the eye and very easy to maintain!

Enjoy the benefits of indoor-outdoor living thanks to the integration between the radiant open-plan living and undercover balcony, while stainless steel appliances add style and quality to the modern kitchen.

Enhanced with a generous bedroom, stylish bathroom with laundry facilities, split-system heating/cooling, plenty of natural light and access to the buildings trendy communal garden area (with BBQ facilities), its a smart place to start, downsize or invest.

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Property History for 523b/1 Colombo St, Mitcham, VIC 3132

A timeline of how this property has performed in the market
Last Sold
$300,000
16 May 2022
  • 16 May 2022
    Sold for $300,000
  • 14 Apr 2022
    Listed for Sale $295,000 - $310,000
  • 11 Feb 2018
    Sold for $302,500
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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.

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