FOR SALE
Offers Over $279,000

11 Eonia Avenue
Risdon Vale TAS 7016

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Land area: 524m2
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Build your dream in Olive Grove Estate

Welcome to 11 Eonia, a prime parcel of land in the heart of Risdon Vale's newest homes area, Olive Grove Estate.
This 524 square meter block presents an exceptional opportunity for buyers looking to build their dream home or invest in a rapidly growing community. Offering both convenience and tranquility, this vacant lot is the perfect canvas to bring your architectural visions to life.
Situated in a quiet, family-friendly new homes area - 11 Eonia benefits from a strategic location that balances peaceful suburban living with easy access to essential amenities. Risdon Vale is a suburb that has seen substantial growth and development in recent years, making it an attractive destination for families, young professionals, and investors alike.
This 524 square meter block is fully serviced, with water, electricity, and NBN connections readily available, ensuring a smooth and efficient building process. The generous size of the lot provides ample space to design a home that suits your lifestyle, whether you envision a modern, open-plan design, a cozy family home, or something entirely unique.
The block's dimensions and orientation offer flexibility in design, allowing for optimal natural light and energy efficiency. Imagine waking up to the serene surroundings of Olive Grove Estate, with the morning sun streaming through your windows and the tranquil sounds of nature greeting you each day.
Risdon Vale is experiencing a surge in popularity due to its affordable land prices and proximity to Hobart. Investing in 11 Eonia is not just about securing a beautiful place to live; it's also about making a smart financial decision. The demand for housing in the area is on the rise, ensuring strong potential for capital growth and rental yields.
For more information or to arrange a site visit, contact Laurie Gray at 4one4 Property Co. today. Let's explore the potential of 11 Eonia together and start planning your future in this fantastic community.
Disclaimer:
All care has been taken by 4one4 Real Estate and 4one4 Media House when compiling the marketing material and information in this presentation. We cannot guarantee the accuracy of any measurement or details supplied in this advertisement and make no representation or accept any responsibility for the whole or part of this advertisement.
The particulars contained in this advertisement do not form any contract. We recommend that any interested parties should have the information independently verified and make their own enquires to satisfy themselves in all respects.
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Property Details for 11 Eonia Ave, Risdon Vale

Building Type
Land
Land Size
524m2

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About Risdon Vale 7016

The size of Risdon Vale is approximately 14.5 square kilometres. It has 14 parks covering nearly 12.9% of total area. The population of Risdon Vale in 2011 was 2,679 people. By 2016 the population was 2,865 showing a population growth of 6.9% in the area during that time. The predominant age group in Risdon Vale is 30-39 years. Households in Risdon Vale are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Risdon Vale work in a labourer occupation. In 2011, 65.7% of the homes in Risdon Vale were owner-occupied compared with 64% in 2016.

Risdon Vale has 1,364 properties. Over the last 5 years, Houses in Risdon Vale have seen a 66.48% increase in median value, while Units have seen a 46.31% increase. As at 30 September 2024:

  • The median value for Houses in Risdon Vale is $448,512 while the median value for Units is $443,183.
  • Houses have a median rent of $455.
There are currently 6 properties listed for sale, and 2 properties listed for rent in Risdon vale on OnTheHouse. According to CoreLogic's data, 48 properties were sold in the past 12 months in Risdon vale.

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