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Lot 31 Dundee Avenue
Wollongbar NSW 2477

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Exceptional Opportunity, Prime Location

This is an exceptional opportunity in securing a vacant lot approximately 3,162sqm that has been specifically allocated for the establishment of a childcare centre in the proposed subdivision of Lot 130 DP 1276352 and Lot 39 DP 1242246. Currently zoned as R3 Medium Density Residential, this prime development opportunity is an excellent addition to the Ballina Shire, the inviting atmosphere and way of life that Wollongbar and its surroundings offer to families continue to draw an increasing number of families. The level property is situated in the rapidly growing and highly desirable Avalon Estate and features all town services including underground electricity. It is also adjacent to the newly opened Wollongbar District Park.
- Huge ongoing demand with more land coming available for housing
- Approximately 3,162 sqm block
- Adjacent to popular Wollongbar District Park
- Easy access to local schools
- Short drive to Ballina on the Coast
- Previous experience in childcare facility development desirable
Call Noel Outerbridge for more information on this incredible opportunity!
All information contained herein is obtained from sources which we believe are reliable. We make no comment on and give no warranty as to the accuracy of the information. All interested person/s should rely on their own enquiries and should satisfy themselves as to accuracy of all information by way of their own inspections, searches, inquiries, advice or as is otherwise necessary.

Property Details for Lot 31 Dundee Ave, Wollongbar

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Land

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About Wollongbar 2477

The size of Wollongbar is approximately 17.8 square kilometres. It has 1 park covering nearly 24.4% of total area. The population of Wollongbar in 2011 was 2,395 people. By 2016 the population was 2,825 showing a population growth of 18.0% in the area during that time. The predominant age group in Wollongbar is 10-19 years. Households in Wollongbar are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Wollongbar work in a professional occupation. In 2011, 75.3% of the homes in Wollongbar were owner-occupied compared with 75.1% in 2016.

Wollongbar has 1,649 properties. Over the last 5 years, Houses in Wollongbar have seen a 58.26% increase in median value, while Units have seen a 35.37% increase. As at 30 September 2024:

  • The median value for Houses in Wollongbar is $901,340 while the median value for Units is $538,234.
  • Houses have a median rent of $700 while Units have a median rent of $640.
There are currently 28 properties listed for sale, and no properties listed for rent in Wollongbar on OnTheHouse. According to CoreLogic's data, 74 properties were sold in the past 12 months in Wollongbar.

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Noel Outerbridge
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