Back 17 Mill Avenue
Off Market

17 Mill Avenue

Forest Hill VIC 3131

3
1
1
690 m²
House
Last sold for $855,000
Michelle YanMichelle Yan, last sold this property on 06 May 2016 after 32 days on market.

Overview

A Sizeable Opportunity

A sizeable opportunity presents the astute investor, developer or home renovator with this 3 bedroom brick home set on an irregular shaped block of 690sqm in prime residential location. Being offered vacant possession but recently tenanted the property is fresh, clean and tidy and will provide rental income pending decisions either for your substantial new dream home or potentially as a multi-dwelling development (STCA). The existing residence comprises 3 bedrooms including 1 with built–in robes, living room with gas space heater and air-conditioner, a big informal meals space off the kitchen which features Emilia cooktop/oven, Dishlex dishwasher, tiled flooring and ample storage cabinets and drawers. In addition there is a tiled family bathroom, separate toilet/powder room, separate laundry and a second toilet. Features include ducted heating, security doors front & back, large rear yard, single lock up garage with plenty of storage plus OSP for a further 2-3 cars. The location will definitely appeal as it provides easy access to both shopping and public transport at Forest Hill Chase, is close to Forest Hill Reserve and Aqualink Aquatic Centre, is zoned for Parkmore Primary School but also close to Burwood Heights Primary School and easily connects with the major thoroughfares of Canterbury and Springvale Roads. Note: This property is to be offered in conjunction with 19 Mill Avenue next door thereby creating the possibility of greater development opportunities (STCA).

Features

3 bedrooms
1 bathroom
1 carspace
690 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Forest Hill over the last 12 months, the estimated median property value of 17 Mill Avenue is $1.2m.

Median value
$1.2m
Estimated value range
$845k - $1.6m
Median days on market
25
Estimated value trend
10%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Forest Hill. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 17 Mill Avenue

2016
Sold
$855,000
06 May 2016 by Michelle Yan, of McGrath Blackburn

Happy sellers in Forest Hill

94%
94% of sellers in Forest Hill reported that their sale price either exceeded or met their price expectations.

Forest Hill stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 46 reviews in Forest Hill over the last 12 months.

Local market activity for 3 bedroom houses in Forest Hill

In the last 12 months, 63 three-bedroom houses similar to 17 Mill Avenue, have been sold.

This represents a 24% increase in three-bedroom houses sales when compared to the previous 12 months.

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