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Overview
This property is located just a short distance from the Urban Growth Zone, surrounded by multiple development projects in the nearby area. It offers approximately 125 acres of land in the heart of Riddells Creek, presenting a rare opportunity for future development and investment.
Situated close to the township and shopping precinct, this property is ideal for various residential ventures. The property includes a weatherboard house featuring four bedrooms, multiple sheds, and bore water access with infrastructure in place.
The land comprises two titles: Lot 14, which is 29.58 hectares, and Lot 16, which is 20.73 hectares. The farm has been maintained by an experienced farmer for many years, with a history of grazing livestock. The property is conveniently located just three minutes from the Riddells Creek Township, four minutes from the Riddells Creek Station, and only three to four minutes from both Riddells Creek Primary School and Bolinda Primary School.
This extensive acreage offers significant potential for development or agricultural use, combining rural lifestyle with accessibility to local amenities and transport links. The existing infrastructure and buildings provide a solid foundation for future improvements or redevelopment.
Overall, this property represents a unique investment opportunity in a growing area, with substantial land size and proximity to essential services and transport. It is well suited for buyers seeking a large parcel of land with development potential in a convenient location.
Local Market Insights
In Riddells Creek, Quiet Listings observed 5 new houses entering the market over the last 30 days, unchanged from 5 in the prior period, with an average advertised asking price of $1,019,000. The property type mix of listed properties is predominantly Houses at 56%, followed by land (33%), and units (11%). Raine & Horne was the most active agency in this area, representing 60.0% of all new listings in the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Riddells Creek VIC 3431
Market Insights for Riddells Creek VIC 3431
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