SOLD
Sold on 24 Oct 2023 for $2,700,000

23 Park Close
Vermont VIC 3133

Bedrooms: 12
Bathrooms: 6
Car spaces: -
Floor area: 88m2
Land area: 1011m2
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Property Details for 23 Park Cl, Vermont

23 Park Cl, Vermont is a 12 bedroom, 6 bathroom Unit and was built in 1980. The property has a land size of 1011m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 12 bedroom Unit sold in Vermont in the last 12 months.

Building Type
Unit
Year Built
1980
Floor Size
88m2
Land Size
1011m2
Local Government
Whitehorse
Lot/Plan
5/LP8725

Last Listing description (December 2023)

Successfully marketed and Sold by Mark Kainey Property - Positioned on an expansive 1011 sqm block in one of Vermont's premier tree-lined streets, this incredible opportunity which consists of 6 units located on the one title is an investment prospect like no other.

- The six units offer excellent rental returns with secure leases
- There is definite room to grow with rental yields over time

- Option to strata title the units and sell them individually
- All the units have been renovated over the past 5 years and are well-presented
Highlights of the units include:
- Hardwood flooring
- North-facing lounge
- Functional and sizeable kitchen/meals
- Relaxed bedrooms and quality bathroom
- Split system heating and cooling and ceiling fans x 3 in all units
- All units enjoy an outdoor area
- All units feature off-street parking

Location-wise, Park Close is in close proximity to great local shops on Canterbury Road, Brentford Square Shopping Centre, Forest Hill Chase, Eastland, Bellbird Dell Reserve, Vermont Reserve, Koomba Park, buses, Mitcham Station, and Eastlink. Also zoned for Vermont Secondary College and Vermont Primary School.

Disclaimer: All information contained herein is obtained from property owners or third-party sources which we believe are reliable. We have no reason to doubt its accuracy, however we cannot guarantee it. All interested person/s should rely on their own enquiries.

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Property History for 23 Park Cl, Vermont, VIC 3133

A timeline of how this property has performed in the market
Last Sold
$2,700,000
24 Oct 2023
Listed for Rent
$250/w
07 Apr 2011
  • 24 Oct 2023
    Sold for $2,700,000
  • 07 Jun 2023
    Listed for Sale Not Disclosed
  • 16 Jan 2020
    Listed for Rent $360 / week
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About Vermont 3133

The size of Vermont is approximately 4.6 square kilometres. It has 17 parks covering nearly 10.6% of total area. The population of Vermont in 2011 was 9,901 people. By 2016 the population was 10,437 showing a population growth of 5.4% in the area during that time. The predominant age group in Vermont is 40-49 years. Households in Vermont are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Vermont work in a professional occupation. In 2011, 81.4% of the homes in Vermont were owner-occupied compared with 80.3% in 2016.

Vermont has 4,870 properties. Over the last 5 years, Houses in Vermont have seen a 32.97% increase in median value, while Units have seen a 29.42% increase. As at 31 August 2024:

  • The median value for Houses in Vermont is $1,276,336 while the median value for Units is $901,746.
  • Houses have a median rent of $590 while Units have a median rent of $550.
There are currently 12 properties listed for sale, and 8 properties listed for rent in Vermont on OnTheHouse. According to CoreLogic's data, 175 properties were sold in the past 12 months in Vermont.

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