FOR SALE
$740,000 - $810,000

17 Railway Crescent
Broadmeadows VIC 3047

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 600m2
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Approved plans and permits for 4 dwellings

This prime parcel of vacant land offers an exceptional opportunity for residential development in a highly sought-after location. Spanning approximately 600 square meters, this level block is perfectly positioned to take advantage of the surrounding amenities, transport options, and local services.
Located just a short distance from Broadmeadows Shopping Centre, the property provides convenient access to a variety of retail outlets, dining options, and essential services. Public transport is easily accessible with a nearby train station, ensuring seamless connectivity to Melbourne's CBD and surrounding suburbs. The area is also well-served by several schools, making it an ideal location for families seeking a convenient and connected lifestyle.
Zoned General Residential Zone - Schedule 1, the land is ready for your next development project, with plans approved for the construction of four townhouses, providing a fantastic opportunity to capitalize on the increasing demand for residential properties in the area.
Key Features:
- Land size: 600m²
- Zoned General Residential Zone - Schedule 1
- Approved for the construction of four townhouses
- Prime location close to Broadmeadows Shopping Centre, train station, and schools
Ideal for residential development or investment
- A Promising Opportunity:
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Property Details for 17 Railway Cres, Broadmeadows

Building Type
Land
Land Size
600m2

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About Broadmeadows 3047

The size of Broadmeadows is approximately 8.4 square kilometres. It has 13 parks covering nearly 14.2% of total area. The population of Broadmeadows in 2011 was 10,579 people. By 2016 the population was 11,981 showing a population growth of 13.3% in the area during that time. The predominant age group in Broadmeadows is 20-29 years. Households in Broadmeadows are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Broadmeadows work in a labourer occupation. In 2011, 56.3% of the homes in Broadmeadows were owner-occupied compared with 47.1% in 2016.

Broadmeadows has 6,350 properties. Over the last 5 years, Houses in Broadmeadows have seen a 4.72% increase in median value, while Units have seen a 11.14% increase. As at 30 November 2024:

  • The median value for Houses in Broadmeadows is $567,783 while the median value for Units is $430,874.
  • Houses have a median rent of $480 while Units have a median rent of $470.
There are currently 25 properties listed for sale, and 23 properties listed for rent in Broadmeadows on OnTheHouse. According to CoreLogic's data, 260 properties were sold in the past 12 months in Broadmeadows.

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Denis Aldemir
Raine & Horne Glenroy
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