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Elliminyt VIC 3250

Bedrooms: -
Bathrooms: -
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Land area: 1.619ha
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Prime 4-Acre Land Parcel in Colac - Future Residential Zoning Opportunity (STCA)

Universal Real Estate Vic North has an exceptional investment opportunity in the heart of Colac's growth corridor. This approximately 4-acre vacant land within the Colac 2050 growth plan offers future residential zoning potential (STCA) and is ideal for investors, developers, and land bankers looking to capitalize on the region's rapid development.
Key Features:
- Prime Location: Situated within the town, this land is perfectly positioned near essential amenities, making it highly desirable for future residential development.
- Proximity to Education & Services:
- Approx. 300 metres from a local school.
- Approx. 500 metres from the community library and learning centre.
- Approx. 1-minute drive to the leisure centre.
-Approx. 3-minute drive to the railway station.
- Approx. 3-minute drive to the shopping centre.
Settlement Terms: Flexible 6-month settlement available.
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Property Details for Contact Agent For Address, Elliminyt

Building Type
Land
Land Size
1.619ha

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About Elliminyt 3250

The size of Elliminyt is approximately 34.5 square kilometres. It has 10 parks covering nearly 2.8% of total area. The population of Elliminyt in 2011 was 2,645 people. By 2016 the population was 2,873 showing a population growth of 8.6% in the area during that time. The predominant age group in Elliminyt is 10-19 years. Households in Elliminyt are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Elliminyt work in a trades occupation. In 2011, 85.1% of the homes in Elliminyt were owner-occupied compared with 84.9% in 2016.

Elliminyt has 1,696 properties. Over the last 5 years, Houses in Elliminyt have seen a 41.25% increase in median value, while Units have seen a 27.64% increase. As at 31 October 2024:

  • The median value for Houses in Elliminyt is $649,437 while the median value for Units is $367,961.
  • Houses have a median rent of $455 while Units have a median rent of $205.
There are currently 5 properties listed for sale, and 1 property listed for rent in Elliminyt on OnTheHouse. According to CoreLogic's data, 50 properties were sold in the past 12 months in Elliminyt.

Suburb Insights for Elliminyt 3250

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Contact agent
Kabir Gandhi
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Universal Real Estate Vic Craigieburn
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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.