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Lot 819 Waterways Estate, Koo Wee Rup VIC 3981

$450,000 Waterways Estate

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$450k - $473k Transparent Transparent Listing Based on an openly advertised listing price.

Land 544 m²

Listed: 21 days ago

Updated: 1 hour ago

Overview

This substantial land parcel in Waterways Estate, Koo Wee Rup, presents a noteworthy opportunity for potential homeowners, investors, or developers seeking a competitive foothold in a growing locale. With titles expected in the second quarter of 2027, this flat and spacious 544 square metre lot offers ample space to envision and construct a personalized living space.

The generous frontage allows flexibility in architectural design, providing scope for various home layouts including provisions for additional features such as a shed, swimming pool, or expansive outdoor entertainment areas. The parcel’s flat terrain simplifies construction efforts and maximizes usable space without the complications of slopes or uneven ground.

Situated within a family-friendly community, the location balances rural tranquility with urban convenience. Residents benefit from proximity to essential amenities such as schools, shopping precincts, cafes, and parks, as well as accessible public transport options. The estate also offers strong connectivity to nearby regional hubs including Pakenham, Cranbourne, and major highways, facilitating ease of travel for work or leisure.

This property particularly appeals to individuals or families keen on establishing roots in a peaceful setting without compromising on accessibility or community services. Investors and developers may find attractive potential in this tightly held township's steady growth and demand.

All essential services are available to the block, simplifying the development process.
The location supports a diverse range of home designs due to its generous frontage.
Community amenities support active, family-oriented lifestyles with good educational, recreational, and retail facilities nearby.
Strong road links provide convenient access to surrounding towns and the South Gippsland Highway.

Overall, this parcel represents a valuable opportunity to secure a strategic and versatile plot in a sought-after regional community.

Local Market Insights

In Koo Wee Rup, Quiet Listings observed 10 new parcels of land entering the market over the last 30 days, up from 7 during the previous 30-day period, with an average advertised asking price of $459,000. The property type mix of listed properties is predominantly Houses at 65%, followed by land (35%). The only agency with for land listings currently monitored in the Koo Wee Rup area is Ancora Property Group. 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.