14 Forster Street, Mitcham, VIC 3132 | Property Value & History | OnTheHouse
OFF MARKET

14 Forster Street
Mitcham VIC 3132

Bedrooms: 5
Bathrooms: 3
Car spaces: 4
Floor area: 245m2
Land area: 1046m2
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Property Details for 14 Forster St, Mitcham

14 Forster St, Mitcham is a 5 bedroom, 3 bathroom House with 4 parking spaces and was built in 1970. The property has a land size of 1046m2 and floor size of 245m2. While the property is not currently for sale or for rent, it was last transferred in July 2023.

Building Type
House
Year Built
1970
Floor Size
245m2
Land Size
1046m2
Local Government
Whitehorse
Lot/Plan
43/LP8807

Last Listing description (March 2024)

This distinctive dual living design with its own independent unit has been a serene and magical setting for an inter-generational family. 5 minutes walking distance to the new underground Heatherdale train station. Set on a substantial 1,050sqm (approx.) plus within the fence side land of 150sqm (approx.) or potential to purchase the side land from council (STCA) for future development in the General Residential Zone.

This sprawling 5 bedroom blonde brick veneer and features high vaulted ceilings, a beautiful slate surround open fireplace and a central kitchen hub detailed by a romantic clerestory window. Three spacious free flowing living areas include a living room, lounge and a light filled rumpus opening to a grand decking area for family entertain. Sequestered in its own private bedroom wing along the hallway are 3 king sized bedrooms, with a private top floor master retreat or guest bedroom offering elevated views across the district, a polished porcelain ensuite and walk-in-robe.

This property offers opportunities for extended family living, and invites potential guest accommodation on Stayz and Airbnb for an additional income stream for the front unit which offers complete independence with a living area, kitchen, combination bathroom/laundry, a bright bedroom and rear ramp access for a senior family member. The deep rectangular block boasts a wide frontage and rear boundary which opens up development opportunity (STCA) for the construction of multiple units.

Good investment return opportunity with the separate front unit.
Great development opportunity with the large block of land.
Great family home with large living & bedrooms area.
Premium walking distance to Heatherdale Train Station.
Close to the Eastland, Cosco and the Eastlink gateway to the city or the coast.

Live Streaming via GAVL

McGrath clients have the opportunity to watch, bid and buy on live property auctions.

Register through www.gavl.com and follow the property link:

https://x5u9a.app.goo.gl/fMBP

To be able to bid online, you must download the free GAVL App.

Property History for 14 Forster St, Mitcham, VIC 3132

A timeline of how this property has performed in the market
Last Transferred
01 Jul 2023
Listed for Rent
$700/w
23 May 2022
  • 01 Jul 2023
    Transferred
  • 11 May 2022
    Listed for Rent $700 / week
  • 02 Mar 2022
    Sold for $1,488,000
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About Mitcham 3132

The size of Mitcham is approximately 6.6 square kilometres. It has 23 parks covering nearly 10.8% of total area. The population of Mitcham in 2016 was 16148 people. By 2021 the population was 16795 showing a population growth of 4.0% in the area during that time. The predominant age group in Mitcham is 30-39 years. Households in Mitcham are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mitcham work in a professional occupation.In 2021, 70.90% of the homes in Mitcham were owner-occupied compared with 69.80% in 2016.

Mitcham has 9,365 properties. Over the last 5 years, Houses in Mitcham have seen a 11.32% increase in median value, while Units have seen a 16.12% increase. As at 31 March 2026:

  • The median value for Houses in Mitcham is $1,248,482 while the median value for Units is $830,369.
  • Houses have a median rent of $650 while Units have a median rent of $590.
There are currently 28 properties listed for sale, and 7 properties listed for rent in Mitcham on OnTheHouse. According to Cotality's data, 375 properties were sold in the past 12 months in Mitcham.

Suburb Insights for Mitcham 3132

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.