FOR SALE
$1,300,000 - $1,400,000

1490 North Road
Clayton VIC 3168

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 804m2
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Auction Time
Sat 5 Oct 12:00 pm
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(RGZ3)PRIME DEVELOPMENT OPPORTUNITY NEXT TO MONASH UNI

Situated in the highly sought-after suburb of Clayton, 1490 North Road offers exceptional development potential on an expansive 804 sqm (approx.) of land within the RGZ3 (Residential Growth Zone 3).
This home features four classic styled bedrooms, each offering a timeless appeal while a family bathroom provides a comfortable space for everyday living. In addition to a spacious living room, there is an expansive family room for larger gatherings. Culinary enthusiasts will appreciate the kitchen, complemented by a formal dining room perfect for entertaining guests.
This prime property is just a short walk from the prestigious Monash University, one of Australia's leading educational institutions, making it an ideal investment for student accommodation or high-density residential development.
Its proximity to the Monash Medical Centre ensures convenience for healthcare professionals, patients, and visitors, further enhancing its appeal. The bustling Clayton Shopping Centre, with its array of retail outlets, cafes, and restaurants, is within easy reach, providing residents with all the amenities they need for daily living. Additionally, Clayton Train Station and several bus routes around make commuting to the city and surrounding areas a breeze.
The vibrant local community, coupled with the area's continuous growth and development, underscores the significant potential of this site. Its strategic location, combined with the robust demand for quality housing in Clayton, ensures a promising return on investment for developers.
*Photo ID required at all First National JXRE open for inspections and auctions. First National JXRE may refuse to provide further information on the property should you prefer not to disclose your full contact information including phone number. Please note that properties listed for auction may be sold prior.
Disclaimer: We have in preparing this document used our best endeavours to ensure that the information contained in this document is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospect purchasers should make their own enquiries to verify the information contained in this document. Purchasers should make their own enquiries and refer to the due diligence check-list provided by Consumer Affairs. Click on the link for a copy of the due diligence check-list from Consumer Affairs.
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Property Details for 1490 North Rd, Clayton

1490 North Rd, Clayton is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 804m2. The place is currently for sale with First National JXRE.

Building Type
House
Land Size
804m2

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About Clayton 3168

The size of Clayton is approximately 7.9 square kilometres. It has 9 parks covering nearly 4.1% of total area. The population of Clayton in 2011 was 15,543 people. By 2016 the population was 19,348 showing a population growth of 24.5% in the area during that time. The predominant age group in Clayton is 20-29 years. Households in Clayton are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Clayton work in a professional occupation. In 2011, 40.2% of the homes in Clayton were owner-occupied compared with 35.2% in 2016.

Clayton has 11,892 properties. Over the last 5 years, Houses in Clayton have seen a 8.88% increase in median value, while Units have seen a 12.40% increase. As at 31 August 2024:

  • The median value for Houses in Clayton is $1,182,855 while the median value for Units is $659,503.
  • Houses have a median rent of $583 while Units have a median rent of $550.
There are currently 83 properties listed for sale, and 54 properties listed for rent in Clayton on OnTheHouse. According to CoreLogic's data, 366 properties were sold in the past 12 months in Clayton.

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