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Overview
This vacant land allotment offers a rare opportunity for buyers seeking a substantial and versatile space in Noble Park. Boasting approximately 746 square metres and a generous wide street frontage, the elevated position of the site provides a commanding presence within the local streetscape.
The property's size and shape create an ideal foundation for the construction of a spacious family home, designed to maximize both outdoor and indoor living areas. Its broad dimensions also appeal to developers or investors considering the potential for subdividing or building dual townhomes, subject to council approval.
Situated near the top end of a popular residential street, this blank canvas invites varied development possibilities while benefiting from an increasingly sought-after location. For those looking to establish a long-term home or capitalize on development potential, its blend of size, location, and elevation make it a compelling project-ready site.
The listing caters primarily to buyers seeking to design and build, offering flexibility beyond typical residential blocks. Competitive pricing and clear seller instructions underline a timely chance to secure land in an established and evolving community.
Prospective purchasers will appreciate the privacy afforded by its elevated site, alongside ample room for gardens, driveways, and outdoor amenities. Though undeveloped, the land's practical benefits and location near convenient local amenities contribute to its appeal for a range of buyers.
Local Market Insights
In Melbourne - South East, Quiet Listings observed 77 new parcels of land entering the market over the last 30 days, down from 110 during the previous 30-day period, with an average advertised asking price of $831,201. The property type mix of listed properties is predominantly Houses at 70%, followed by townhouses (10%), and units (7%). The most active agency for land in the Melbourne - South East area is currently Ancora Property Group, representing 40% of new listings, followed by Ray White with 12%. 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.