FOR SALE
995,000

51 Panorama Road
Calala NSW 2340

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 4.7ac
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Potential Development Opportunity

LAWD is pleased to present 51 Panorama Road, located in the heart of Calala nestled amongst residential blocks waiting for the perfect purchaser to come along and subdivide into residential blocks.
Set up for horses and perfectly positioned close to AELEC.
Run your horses here subdivide later , landbank till you are ready to develop.
Surrounded by a rural setting backing onto a rural property with outstanding views across to the AELEC, mountains and beyond.
- 4.7* acres of subdividable land
- Situated in an upmarket street of Calala perfect to subdivide now or later depending on the purchaser's preference
- Currently zoned R2 - low-density residential with the potential to be subdivided into nine* 2,000* square metre blocks (estimated sale price of $320,000* to $350,000* per completed subdivided block)
- Three-bedroom, one-bathroom home complete with a two-car garage/shed
- All bedrooms have built-in wardrobes
- Easy maintenance timber floorboards throughout the home
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Property Details for 51 Panorama Rd, Calala

51 Panorama Rd, Calala is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 4.7ac. The place is currently for sale with LAWD.

Building Type
House
Land Size
4.7ac

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About Calala 2340

The size of Calala is approximately 63 square kilometres. It has 5 parks covering nearly 0.1% of total area. The population of Calala in 2011 was 3,450 people. By 2016 the population was 3,943 showing a population growth of 14.3% in the area during that time. The predominant age group in Calala is 0-9 years. Households in Calala are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Calala work in a professional occupation. In 2011, 75.2% of the homes in Calala were owner-occupied compared with 70.1% in 2016.

Calala has 2,092 properties. Over the last 5 years, Houses in Calala have seen a 63.04% increase in median value, while Units have seen a 56.02% increase. As at 30 November 2024:

  • The median value for Houses in Calala is $619,786 while the median value for Units is $392,921.
  • Houses have a median rent of $540 while Units have a median rent of $380.
There are currently 15 properties listed for sale, and 2 properties listed for rent in Calala on OnTheHouse. According to CoreLogic's data, 117 properties were sold in the past 12 months in Calala.

Suburb Insights for Calala 2340

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Kristy Reid
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LAWD
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.