OFF MARKET

450 Learmonth Road
Mitchell Park VIC 3355

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 3530m2
Land area: 3530m2
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Property Details for 450 Learmonth Rd, Mitchell Park

Building Type
Land
Floor Size
3530m2
Land Size
3530m2
Local Government
Ballarat
Lot/Plan
1/TP129297

Last Listing description (November 2017)

Situated within Mitchell Park and covering a fabulous 3530m2, this trophy slice of land is positioned with massive exposure and enormous drive by traffic benefits along with commuting benefits to the Western Freeway and beyond.
Directly opposite the new Airport Industrial Park and Zoned Industrial 1, this commercial site provides very easy and direct access off Learmonth Road, along with the opportunity to acquire and secure the very last block with a Learmonth Road frontage.
Surrounded by quality premises and positioned within one of Ballarat largest growth corridors, this land will offer commuter and customer flexibility along with the benefits of a high thoroughfare to Melbourne s CBD.

This highly exposed and premium property offers investors, developers or large owner-occupiers an opportunity to expand their existing building footprint or secure a quality site for a multitude of development potentials.
Work your superannuation to every level, be a part of the Commercial Real Estate game; call our agent today for measurements, rates and further details.

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Property History for 450 Learmonth Rd, Mitchell Park, VIC 3355

A timeline of how this property has performed in the market
Last Sold
$368,500
18 Jul 2017
  • 18 Jul 2017
    Sold for $368,500
  • 22 May 2015
    Listed for Sale Not Disclosed
  • 21 Apr 2012
    Listed for Sale PRICE ON APPLICATION

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About Mitchell Park 3355

The size of Mitchell Park is approximately 19.6 square kilometres. It has 4 parks covering nearly 0.9% of total area. The population of Mitchell Park in 2011 was 752 people. By 2016 the population was 875 showing a population growth of 16.4% in the area during that time. The predominant age group in Mitchell Park is 20-29 years. Households in Mitchell Park are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Mitchell Park work in a trades occupation. In 2011, 76.9% of the homes in Mitchell Park were owner-occupied compared with 70.6% in 2016.

Mitchell Park has 601 properties. Over the last 5 years, Houses in Mitchell Park have seen a 31.58% increase in median value, while Units have seen a 11.24% increase. As at 30 November 2024:

  • The median value for Houses in Mitchell Park is $472,159 while the median value for Units is $334,924.
  • Houses have a median rent of $395.
There are currently 7 properties listed for sale, and 1 property listed for rent in Mitchell park on OnTheHouse. According to CoreLogic's data, 18 properties were sold in the past 12 months in Mitchell park.

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