FOR SALE
$1,050,000

6 Stonehaven Avenue
Boronia VIC 3155

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 976m2
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Unlock Prime Development Potential in High-Density Residential Zone.

Seize an exceptional development prospect on a spacious 976 square meter site (approx), strategically positioned in the General Residential Zone (Schedule 4). This prime location offers developers multiple exciting pathways to maximize value and yield.
Key Development Opportunities:
• Flexible Development Potential: Design and construct up to 8 contemporary two-bedroom townhouses, reimagine the previously approved plans for 6 mixed-configuration dwellings or design and build 4 sizable dwellings that will appeal to a broader market (STCA)
• Located in GRZ4, ensuring streamlined development pathways
• Substantial Footprint: Generous 976 square meter allotment (approx) provides ample scope for innovative design (STCA)
• Development Readiness: Recently expired permits offer guidance opportunity for motivated developers
Whether you're looking to create a fresh architectural vision or leverage previously approved plans, this site represents a rare chance to transform a prime residential location into a high-value development project. The flexible zoning and substantial land area provide an ideal canvas for your next successful real estate venture (STCA).
Location:
• 200m to Woolworth Boronia
• 300m to Boronia Train Station
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Property Details for 6 Stonehaven Ave, Boronia

Building Type
Land
Land Size
976m2

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About Boronia 3155

The size of Boronia is approximately 11.3 square kilometres. It has 36 parks covering nearly 7.8% of total area. The population of Boronia in 2011 was 20,825 people. By 2016 the population was 22,190 showing a population growth of 6.6% in the area during that time. The predominant age group in Boronia is 30-39 years. Households in Boronia are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Boronia work in a professional occupation. In 2011, 73.1% of the homes in Boronia were owner-occupied compared with 70.8% in 2016.

Boronia has 13,114 properties. Over the last 5 years, Houses in Boronia have seen a 14.08% increase in median value, while Units have seen a 10.34% increase. As at 30 November 2024:

  • The median value for Houses in Boronia is $827,979 while the median value for Units is $630,549.
  • Houses have a median rent of $560 while Units have a median rent of $520.
There are currently 51 properties listed for sale, and 24 properties listed for rent in Boronia on OnTheHouse. According to CoreLogic's data, 492 properties were sold in the past 12 months in Boronia.

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Barry Plant - Boronia
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