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Beveridge VIC 3753

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Land area: 350m2
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"Prime Real Estate Opportunity: 350m2 Block for Sale in Beveridge, Perfect for First Home Buyers and Investors"

Presenting a fantastic opportunity in the thriving area of Beveridge: a 350m2 block of land available for sale through nomination. This property is ideal for both first home buyers and investors, offering a multitude of possibilities and potential for growth.
Located in the sought-after Beveridge area, this 350m2 block of land boasts a prime position within a rapidly developing community. The area is known for its family-friendly environment, excellent amenities, and convenient access to essential services. Future residents will have easy reach to schools, shopping centres, medical facilities, and recreational areas, ensuring a comfortable and convenient lifestyle.
For first home buyers, this property presents an ideal chance to enter the real estate market. The sizeable block of land provides ample space to build a dream home tailored to individual preferences and needs. Taking this step onto the property ladder offers the opportunity to establish a long-term investment and create a place to call your own.
Investors will also appreciate the potential this 350m2 block of land holds. The thriving Beveridge area is witnessing ongoing growth and increasing demand, making it an attractive prospect for capital appreciation. By securing this block, investors can take advantage of the upward trend in property values, potentially yielding substantial returns in the future.
It is essential to conduct thorough research and seek advice from real estate professionals before finalizing the purchase. Understanding zoning regulations, permits, and potential development opportunities is crucial to make an informed investment decision.
Disclaimer: Purchasers should make their own enquiries and refer to the due diligence checklist provided by Consumer Affairs.
Click on the link for a copy of the due diligence checklist from Consumer Affairs.
http://www.consumer.vic.gov.au/duediligencechecklist
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Property Details for Contact Agent For Address, Beveridge

Building Type
Land
Land Size
350m2

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About Beveridge 3753

The size of Beveridge is approximately 111.7 square kilometres. It has 10 parks covering nearly 0.3% of total area. The population of Beveridge in 2011 was 871 people. By 2016 the population was 2,336 showing a population growth of 168.2% in the area during that time. The predominant age group in Beveridge is 0-9 years. Households in Beveridge are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Beveridge work in a clerical occupation. In 2011, 86.1% of the homes in Beveridge were owner-occupied compared with 83.9% in 2016.

Beveridge has 6,251 properties. Over the last 5 years, Houses in Beveridge have seen a 12.85% increase in median value, while Units have seen a 29.87% increase. As at 30 November 2024:

  • The median value for Houses in Beveridge is $691,366 while the median value for Units is $537,447.
  • Houses have a median rent of $480 while Units have a median rent of $465.
There are currently 150 properties listed for sale, and 23 properties listed for rent in Beveridge on OnTheHouse. According to CoreLogic's data, 340 properties were sold in the past 12 months in Beveridge.

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Gurvinder Singh
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REX Real Estate
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