FOR SALE
$1,650,000 - $1,800,000

992 Mountain Highway
Boronia VIC 3155

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 3381m2
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Developers dream on 3381sqm approx.

Inspiring your grand ambitions for a multi-dwelling redevelopment, this incredible landholding measures 3381sqm approx. and is surrounded by subdivided allotments making it ideal for astute builders or developers keen to start their next project (STCA).
Highlights:
• Premium opportunity for a townhouse or unit development (STCA).
• Largely rectangular site with subdivided allotments on either side.
• Substantial 3381sqm approx. block.
• 109m depth x 31m frontage approx.
• Neighbourhood Residential Zone – Schedule 1.
• Situated in a sought-after location due to its proximity to local amenities.
Location:
• Zoned to Boronia Heights Primary and Boronia K-12 College.
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Property Details for 992 Mountain Hwy, Boronia

Building Type
Land
Land Size
3381m2

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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 12,888 properties. Over the last 5 years, Houses in Boronia have seen a 16.30% increase in median value, while Units have seen a 11.83% increase. As at 31 October 2024:

  • The median value for Houses in Boronia is $820,481 while the median value for Units is $631,739.
  • Houses have a median rent of $550 while Units have a median rent of $520.
There are currently 54 properties listed for sale, and 24 properties listed for rent in Boronia on OnTheHouse. According to CoreLogic's data, 490 properties were sold in the past 12 months in Boronia.

Suburb Insights for Boronia 3155

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Adam Percy
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Mark Hughes
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Barry Plant - Boronia
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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.