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Clarendon Avenue, Wodonga VIC 3690

$1,200,000

Search Band Search Visibility Band

$1.2M - $1.3M High Confidence Calculated based on strong search observations.

Land 5579 m²

Listed: 34 days ago

Overview

This expansive land parcel in one of Wodonga’s most prestigious estates offers an exceptional development opportunity. The titled elevated block spans 5,579 square meters, providing ample scope to realize a significant project with existing subdivision plans for eight well-sized blocks (subject to council approval).

Its elevated position ensures captivating views, enhancing the appeal for future residential living and paving the way for a thoughtfully planned community. The site is ideal for investors or developers looking to accelerate their project timeline, as the prepared subdivision plans reduce the preliminary work typically required.

The layout has been strategically designed to maximise usability and market appeal, making it a compelling proposition whether your intent is to build immediately or hold as a valuable asset in a sought-after location. This property is particularly suitable for those envisioning the creation of a premium residential enclave that blends lifestyle benefits with development potential.

The location in Wodonga offers a prestigious setting that complements the opportunity to develop or invest in a highly desirable marketplace. It promises versatility and the chance to capitalize on a piece of land primed for transformation.

Local Market Insights

In Hume, Quiet Listings observed 51 new parcels of land entering the market over the last 30 days, down from 63 during the previous 30-day period, with an average advertised asking price of $637,000. The property type mix of listed properties is predominantly Houses at 74%, followed by land (12%), and units (7%). The most active agency for land in the Hume area is currently District Property Group, representing 33% of new listings, followed by Ray White with 20%. 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.