172 Morrison Rd, Midvale is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1962. The property has a land size of 845m2 and floor size of 106m2. While the property is not currently for sale or for rent, it was last sold in September 2015.
Looking for a block with development potential? A property you can add to your long term investment portfolio? If so this is the property for you.
Zoned R-40 this 848 SQM corner block is positioned and priced for the savvy purchaser to capitalise on the future redevelopment projects that is happening right down the road in Midland.
It s estimated that more than $1.2 billion will be put into this redevelopment over the next 20 years and create approximately 7,500 jobs. Major facilities include the GP Super Clinic and a new St John of God Hospital that is due to open its doors for patients in late 2015.
The size of Midvale is approximately 3.2 square kilometres. It has 4 parks covering nearly 12.9% of total area. The population of Midvale in 2011 was 1,517 people. By 2016 the population was 1,502 showing a population decline of 1.0% in the area during that time. The predominant age group in Midvale is 20-29 years. Households in Midvale are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Midvale work in a labourer occupation. In 2011, 48.9% of the homes in Midvale were owner-occupied compared with 50.5% in 2016.
Midvale has 2,212 properties. Over the last 5 years, Houses in Midvale have seen a 120.28% increase in median value, while Units have seen a 73.46% increase. As at 31 August 2024:
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