396 Pillars RoadBangholme VIC 3175
Property Details for 396 Pillars Rd, Bangholme
Last Listing description (February 2011)
MARKET GARDENS WITH EQUIPMENT
Are you ready for a lifestyle change? Start working for yourself with this profitable market garden in Bangholme. Set over 11.94ha it has all water and electricity connected as well as a South East Water permit for use as a Commercial Market Garden.
Extras included in the sale are dam with two water pumps, 10 commercial greenhouses measuring 6.5m x 50m each and 3 older tractors plus one new valued at $45,000. Currently the vendors are making an estimated $300,000 - $400,000 per annum from running the business. The property is located within easy access to Eastlink and the Monash Freeway for fast delivery.
Property History for 396 Pillars Rd, Bangholme, VIC 3175
- 30 Nov 2010Sold for $2,212,000
- 08 Oct 2010Listed for Sale $3,300,000
- 01 Nov 2006Sold for $1,100,000
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About Bangholme 3175
The size of Bangholme is approximately 23.6 square kilometres. There are 4 parks, covering nearly 6.0% of the total area. The population of Bangholme in 2016 was 784 people. By 2021 the population was 749 showing a population decline of 4.5% in the area during that time. The predominant age group in Bangholme is 70-79 years. Households in Bangholme are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Bangholme work in a managers occupation.In 2021, 83.10% of the homes in Bangholme were owner-occupied compared with 84.20% in 2016.
Bangholme has 617 properties. Over the last 5 years, Houses in Bangholme have seen a 32.09% increase in median value, while Units have seen a 198.40% increase. As at 31 May 2026:
- The median value for Houses in Bangholme is $1,543,511 while the median value for Units is $1,487,056.
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