LOT 314 Artistry Way, Bonnie Brook VIC 3335

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LOT/314 Artistry Way, Bonnie Brook VIC 3335

$335,000

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$335k - $352k Transparent Transparent Listing Based on an openly advertised listing price.

Land 263 m²

Listed: 2 hours ago

Overview

This titled 263 square meter block of vacant land at LOT/314 Artistry Way in Bonnie Brook offers an exceptional chance to build a bespoke home tailored to your preferences. Situated in a thriving, fast-developing suburb known for its strong growth potential, the land affords you the practical advantage of being ready for immediate construction with no easements and flat terrain that simplifies building plans.

Its east-facing orientation enhances natural light exposure, which can significantly influence the comfort and energy efficiency of any future home. The 10.5 meter frontage provides adequate space to accommodate a double car garage, which adds valuable parking and storage versatility.

This parcel is particularly attractive for first-home buyers seeking an affordable entry point into the property market as well as investors looking for a promising asset due to the suburb’s rapid development and proximity to amenities such as schools, parks, and essential services. The surrounding neighborhood features a wealth of new developments, supporting continued capital growth and rental yield prospects.

Overall, this land offers a solid foundation for designing a home that suits personal lifestyle needs or crafting a strategic investment in one of Victoria’s emerging areas, combining affordability with future growth advantages.

Local Market Insights

In Bonnie Brook, Quiet Listings observed 5 new parcels of land entering the market over the last 30 days, down from 10 during the previous 30-day period, with an average advertised asking price of $413,000. The property type mix of listed properties is predominantly Houses at 84%, followed by land (15%), and townhouses (2%). The most active agency for land in the Bonnie Brook area is currently Ancora Property Group, representing 60% of new listings, followed by Mayfair Estate Agents with 40%. 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.