FOR SALE
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Lot 4 & 5 Cranbourne Street
Riverstone NSW 2765

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 550m2
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Temporary On-Site Detention Basin

We are pleased to present Lots 4 & 5/124 Cranbourne street, Riverstone brought to you by award winning agent Peter Diamantidis.
A rare opportunity to invest on OSD Land and landbank in the striving suburb of Riverstone.
Boasting 550 sqm of total land which comprises of 2 lots 300sqm and 250sqm which allows you to build your next single or double-story home in the near future. All this whilst being only minutes away from all amenities .
WHAT WE LIKE ABOUT THIS OPPORTUNITY:
- Rare land banking opportunity
- A Prime Location offering total of 550 sqm of land or sold separately 300sqm and 250sqm
- Temporary On-Site Detention Basin, also known as OSD
- Take time to choose the right build for you
If purchasing this investment, you would settle on the property as per normal. Once Council provided infrastructure is in place this lot is ready to be converted back into a standard lot then available for you to build your dream home!
For more information please contact Peter Diamantidis on 0404 051 702
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Property Details for Lot 4 & 5 Cranbourne St, Riverstone

Building Type
Land
Land Size
550m2

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About Riverstone 2765

The size of Riverstone is approximately 5.5 square kilometres. It has 9 parks covering nearly 3.3% of total area. The population of Riverstone in 2011 was 6,193 people. By 2016 the population was 7,248 showing a population growth of 17.0% in the area during that time. The predominant age group in Riverstone is 30-39 years. Households in Riverstone are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Riverstone work in a trades occupation. In 2011, 66.1% of the homes in Riverstone were owner-occupied compared with 64.7% in 2016.

Riverstone has 6,267 properties. Over the last 5 years, Houses in Riverstone have seen a 59.00% increase in median value, while Units have seen a 57.10% increase. As at 30 November 2024:

  • The median value for Houses in Riverstone is $1,099,214 while the median value for Units is $850,903.
  • Houses have a median rent of $700 while Units have a median rent of $680.
There are currently 139 properties listed for sale, and 63 properties listed for rent in Riverstone on OnTheHouse. According to CoreLogic's data, 306 properties were sold in the past 12 months in Riverstone.

Suburb Insights for Riverstone 2765

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Peter Diamantidis
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Amber Boumelhem
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Ray White Diamantidis Group
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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.