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Overview
Located in a highly sought-after, family-oriented neighborhood directly opposite the expansive green Ford Park Reserve, this property at 108 Oriel Road, Bellfield offers a remarkable opportunity on an approximately 824 square meter parcel of land. This residence is tastefully maintained and ready for immediate enjoyment, while also providing excellent potential for future enhancements or redevelopment.
Zoned RGZ8, the site allows for exciting development prospects including multiple dwelling possibilities or the construction of a prestigious new home, subject to council approvals. Whether you are a homeowner, investor, or developer, the property invites multiple avenues to add value and create a unique living environment.
The home itself features a welcoming façade and a bright, spacious interior layout that includes four generously sized bedrooms and a central bathroom. The living areas, dining room, and kitchen are designed to flow seamlessly and open onto a tranquil garden space, creating a peaceful retreat for relaxation and family gatherings.
Situated on the fringe of the popular Ivanhoe area, this substantial home is perfectly positioned to benefit from both lifestyle advantages and long-term capital growth. The location offers convenience to a variety of amenities including Ivanhoe Village, Burgundy Street’s popular cafés and dining options, the Austin Hospital medical precinct, Northland Shopping Centre, La Trobe University, as well as easy access to major arterial roads for efficient commuting.
This rare and expansive land offering directly facing parklands presents an exceptional combination of immediate comfort and endless potential for the future. The property promises an ideal blend of serene park-side living with the opportunity for creative redevelopment in a tightly held precinct.
Local Market Insights
In Bellfield, Quiet Listings observed 18 new houses entering the market over the last 30 days, up from 11 during the previous 30-day period, with an average advertised asking price of $1,035,444. The property type mix of listed properties is predominantly Houses at 58%, followed by townhouses (21%), and apartments (12%). Nelson Alexander was the most active agency in this area, representing 31.2% 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
Bellfield VIC 3081
Market Insights for Bellfield VIC 3081
Other properties in this postcode
* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.
