FOR SALE
Offers closing by 12th November 2024 @ 5pm

56 Elgin Street
Berwick VIC 3806

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Two Blocks, One Incredible Opportunity

Offers closing by 12th November 2024 at 5pm
A Rare Gem in Olde Berwick – Your Dream Begins Here!
Opportunities like this don’t come around often! Nestled in the prestigious Olde Berwick, this prime block of land offers you the chance to create something truly special.
Lot 1 – 571m² and Lot 2 – 563m² are available individually but if you’re looking for something truly grand, why not purchase both blocks and consolidate them into an impressive 1134m² canvas? Imagine the space for luxurious indoor living, expansive gardens, or a private outdoor oasis where your family can grow and thrive.
Imagine designing a sprawling family home on a huge block, surrounded by the charm and character that Olde Berwick is known for. With space for luxurious living and room to create your own private outdoor oasis, this land is the perfect foundation for a home where memories are made.
Take advantage of this rare opportunity to secure not just a block, but the lifestyle you've always envisioned. Whether you build now or plan for the future, this is your chance to be part of one of Berwick's most coveted locations.
Don't let this slip away – your dream home starts here!
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Property Details for 56 Elgin St, Berwick

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Land

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About Berwick 3806

The size of Berwick is approximately 33.6 square kilometres. It has 72 parks covering nearly 10.3% of total area. The population of Berwick in 2011 was 44,779 people. By 2016 the population was 47,677 showing a population growth of 6.5% in the area during that time. The predominant age group in Berwick is 40-49 years. Households in Berwick are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Berwick work in a professional occupation. In 2011, 78% of the homes in Berwick were owner-occupied compared with 75.4% in 2016.

Berwick has 23,298 properties. Over the last 5 years, Houses in Berwick have seen a 36.95% increase in median value, while Units have seen a 30.65% increase. As at 30 September 2024:

  • The median value for Houses in Berwick is $939,673 while the median value for Units is $673,901.
  • Houses have a median rent of $590 while Units have a median rent of $530.
There are currently 143 properties listed for sale, and 58 properties listed for rent in Berwick on OnTheHouse. According to CoreLogic's data, 1045 properties were sold in the past 12 months in Berwick.

Suburb Insights for Berwick 3806

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Daniel Boyle
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Narelle Casey
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OBrien Real Estate Berwick
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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.