40/42 Chippewa AvenueDonvale VIC 3111
Property Details for 40/42 Chippewa Ave, Donvale
40/42 Chippewa Ave, Donvale is a 11 bedroom, 5 bathroom House.
Last Listing description (December 2023)
Inspections by Private Appointment Only!
Why buy one property when you can have 3 at this exceptional development opportunity (STCA). Comprising neighbouring homes totalling 2,484sqm approx. the potential here is unparalleled.
Property #38 features a superb starter home layout with 3 bedrooms, 1 bathroom, and a single garage. Property #40 boasts a large double-storey family home comprising a whopping 6 bedrooms and 3 bathrooms. Finally, property #42 is a sweet 2 bedroom and 1 bathroom design. Each offers their own unique attributes while together they could create the dream location for a large multi-dwelling development (STCA).
Capturing prime position in the coveted Mitcham Primary School and Mullauna Secondary College zone will be a major drawcard for families searching for forever homes in this area. Proximity to Moresby Street Reserve, Mullum Mullum Reserve, Tunstall Square, Mitcham Shopping Centre, Eastland, and the Eastern Freeway ensure this is a top-notch location for any property plans.
This is a rare opportunity in an esteemed position, so this is a moment not to be missed. Prompt inspection is advised.
Property History for 40/42 Chippewa Ave, Donvale, VIC 3111
- 12 Oct 2023Listed for Sale Not Disclosed
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About Donvale 3111
The size of Donvale is approximately 11.7 square kilometres. It has 26 parks covering nearly 10.8% of total area. The population of Donvale in 2016 was 12347 people. By 2021 the population was 12644 showing a population growth of 2.4% in the area during that time. The predominant age group in Donvale is 50-59 years. Households in Donvale are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Donvale work in a professional occupation.In 2021, 80.10% of the homes in Donvale were owner-occupied compared with 80.50% in 2016.
Donvale has 5,590 properties. Over the last 5 years, Houses in Donvale have seen a 11.24% increase in median value, while Units have seen a 13.30% increase. As at 31 March 2026:
- The median value for Houses in Donvale is $1,601,020 while the median value for Units is $889,976.
- Houses have a median rent of $800 while Units have a median rent of $650.
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