FOR SALE
$80,000 each

Lots 7-14 Milton Street
Schofields NSW 2762

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2671m2
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Land Banking Opportunity - Potential Industrial/Commercial Rezoning

Rod and Theresa from Ray White Nolan & Iken are pleased to present:
An exciting investment opportunity exists to secure this large 2671m2 parcel of land for land banking and/or possible storage use. Located in a quiet street in Schofields close to Richmond Road via Schofields Road or Garfield Road.
Features include:
Zoned RU4 (Primary Production Small Lots), so NOT for residential use,
NO services connected,
NOT registered to build,
NO timeframe for rezoning or registration,
9.15m frontage x 36.6m = 334.6m2 each
Approx. 36.6m total frontage and 73.2m depth.
Potential rezoning to commerical/ industrial in the future. (STCA)
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Property Details for Lots 7-14 Milton St, Schofields

Building Type
Rural
Land Size
2671m2

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About Schofields 2762

The size of Schofields is approximately 10.2 square kilometres. It has 16 parks covering nearly 5.5% of total area. The population of Schofields in 2011 was 3,812 people. By 2016 the population was 4,972 showing a population growth of 30.4% in the area during that time. The predominant age group in Schofields is 30-39 years. Households in Schofields are primarily couples with children and are likely to be repaying $2400 - $2999 per month on mortgage repayments. In general, people in Schofields work in a professional occupation. In 2011, 72.3% of the homes in Schofields were owner-occupied compared with 71.7% in 2016.

Schofields has 9,076 properties. Over the last 5 years, Houses in Schofields have seen a 60.82% increase in median value, while Units have seen a 1.53% increase. As at 30 September 2024:

  • The median value for Houses in Schofields is $1,283,458 while the median value for Units is $614,671.
  • Houses have a median rent of $750 while Units have a median rent of $620.
There are currently 227 properties listed for sale, and 51 properties listed for rent in Schofields on OnTheHouse. According to CoreLogic's data, 494 properties were sold in the past 12 months in Schofields.

Suburb Insights for Schofields 2762

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Rod Nolan
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Theresa Scholtz
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Ray White Nolan & Iken
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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.