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316-330 Twelfth Avenue, Austral NSW 2179

$680,000

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$680k - $714k Transparent Transparent Listing Based on an openly advertised listing price.

Land 300 m²

Listed: yesterday

Updated: 2 hours ago

Overview

This registered vacant land parcel offers an exceptional chance for buyers to engage with the rapid development shaping Austral, a suburb on a steady growth trajectory. Spanning approximately 300 square metres with a 9.1-metre frontage, the lot presents a manageable yet versatile canvas for creating a personalized dwelling or an investment property tailored to emerging market demands.

Situated within an evolving residential community, the site benefits from close proximity to an expanding infrastructure, providing convenience without compromising the freedom to build according to personal or family needs. While compact, the block's dimensions facilitate efficient land use, appealing particularly to first home buyers and families who prioritize location and future potential.

The property's appeal further extends to investors keen on capitalizing on development rather than established homes, enabling flexibility and forward planning in an area primed for growth. Prospective owners can leverage the increasingly accessible local amenities, enhancing day-to-day lifestyle while considering long-term capital gains.

Local Market Insights

In Austral, Quiet Listings observed 44 new parcels of land entering the market over the last 30 days, up from 34 during the previous 30-day period, with an average advertised asking price of $932,068. The property type mix of listed properties is predominantly Land at 52%, followed by houses (47%), and home for sales (1%). The most active agency for land in the Austral area is currently Ray White, representing 27% of new listings, followed by Starr Partners with 23%. 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.