405A/1 Colombo Street, Mitcham, VIC 3132 | Property Value & History | OnTheHouse
OFF MARKET

405A/1 Colombo Street
Mitcham VIC 3132

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 42m2
Land area: 3890m2
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Property Details for 405a/1 Colombo St, Mitcham

405a/1 Colombo St, Mitcham is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2012. The property has a land size of 3890m2 and floor size of 42m2. While the property is not currently for sale or for rent, it was last sold in November 2024.

Building Type
Unit
Year Built
2012
Floor Size
42m2
Land Size
3890m2
Local Government
Whitehorse
Lot/Plan
405A/PS632398

Last Listing description (December 2024)

OPPORTUNITY
This fourth-floor apartment represents a remarkable opportunity for first-time buyers and investors. Its contemporary design and convenient features make it an appealing choice for those eager to enter the property market. With its thoughtful layout and high-quality finishes, this apartment not only offers excellent value but also the potential for a sound investment.

PROPERTY

The apartment serves as a haven of comfort and style, comprising one bedroom, one bathroom and secure parking. The spacious and light-filled living area, equipped with a split system for climate control, ensures a cosy environment throughout the year. The modern kitchen, fitted with contemporary appliances, is ideal for those who enjoy cooking, while the Euro laundry enhances the apartment's practicality. The bedroom, featuring a built-in robe, offers a serene retreat, and the stylish bathroom adds a touch of sophistication. Residents also benefit from beautifully maintained common gardens and a dedicated parking space.

LOCATION
Nestled in the lively suburb of Mitcham, this apartment enjoys a prime location with a wealth of amenities nearby. Just a short walk from Mitcham station, residents can easily commute to the CBD. Eastlink provides straightforward access to both the city and the Peninsula, facilitating effortless weekend getaways. The nearby Golden Mile shopping strip on Whitehorse Road offers a variety of shopping and dining options, ensuring that all essentials and luxuries are conveniently accessible. This blend of convenience and modern living makes this apartment an exceptionally desirable place to call home.

Property History for 405a/1 Colombo St, Mitcham, VIC 3132

A timeline of how this property has performed in the market
Last Sold
$267,000
06 Nov 2024
Listed for Rent
$410/w
21 Feb 2024
  • 06 Nov 2024
    Sold for $267,000
  • 25 Jul 2024
    Listed for Sale $260,000 - $285,000
  • 30 Jan 2024
    Listed for Rent $410 / week
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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 9,352 properties. Over the last 5 years, Houses in Mitcham have seen a 26.84% increase in median value, while Units have seen a 14.98% increase. As at 31 December 2025:

  • The median value for Houses in Mitcham is $1,298,879 while the median value for Units is $818,305.
  • Houses have a median rent of $630 while Units have a median rent of $580.
There are currently 14 properties listed for sale, and 9 properties listed for rent in Mitcham on OnTheHouse. According to Cotality's data, 370 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.