FOR SALE
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278 Minmi Road
Fletcher NSW 2287

Bedrooms: -
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Car spaces: -
Land area: 3.58ac
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Rare 3.59 Acre Potential Development Site in Suburb Hotspot

With median house prices in Fletcher nearing the $1 million milestone, marking a remarkable 51 per cent surge in the last five years, this rare landholding of approximately 3.59 acres presents an unparalleled opportunity for both investors and developers.
Nestled strategically behind The Sanctuary Estate, a meticulously planned $340 million residential development, and a mere 400m from the esteemed Bishop Tyrrell Anglican College, this is a chance of a lifetime to secure a substantial land parcel in the heart of this burgeoning suburb.
Currently on site sits a three bedroom brick home, while the potential to subdivide into separate lots for a bespoke new development (STCA) adds to its allure. A concept plan has been proposed to build 36 townhouses. Concept only, subject to council approval.
This prime location, just over 6km or 8 minutes drive from the M1 and Hunter Expressway, underscores its desirability. Newcastle's vibrant city centre, pristine beaches, and the serene shores of Lake Macquarie are all within a convenient 20-minute drive, cementing Fletcher's status as a desirable and family-friendly locale.
- This lot currently has an area of approximately 14,535sqm
- Under the current Newcastle Local Environmental Plan (NLEP) 2012 the subject site is zoned: R2 - Low Density Residential and E2- Environmental Conservation
- Concept plan has been proposed to build 36 townhouses. Concept only, subject to council approval.
- Any subdivision and building work is subject to approval from Newcastle City Council
- Fletcher's median price for a house has grown to $916,665 (Corelogic)
- House values have risen 8.4 per cent in the past 12 months (Corelogic)
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Property Details for 278 Minmi Rd, Fletcher

Building Type
Land
Land Size
3.58ac

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About Fletcher 2287

The size of Fletcher is approximately 6.1 square kilometres. It has 3 parks covering nearly 0.9% of total area. The population of Fletcher in 2011 was 2,730 people. By 2016 the population was 5,154 showing a population growth of 88.8% in the area during that time. The predominant age group in Fletcher is 0-9 years. Households in Fletcher are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Fletcher work in a professional occupation. In 2011, 88.5% of the homes in Fletcher were owner-occupied compared with 77.6% in 2016.

Fletcher has 3,007 properties. Over the last 5 years, Houses in Fletcher have seen a 60.12% increase in median value, while Units have seen a 57.70% increase. As at 30 November 2024:

  • The median value for Houses in Fletcher is $995,430 while the median value for Units is $739,989.
  • Houses have a median rent of $720 while Units have a median rent of $650.
There are currently 8 properties listed for sale, and 2 properties listed for rent in Fletcher on OnTheHouse. According to CoreLogic's data, 139 properties were sold in the past 12 months in Fletcher.

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