FOR SALE
$780,000 - $810,000

7 Yungera Street
Fawkner VIC 3060

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 791m2
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Prime Development Opportunity in Fawkner

Unleash the potential of this expansive 791m² (approx.) block in the heart of Fawkner, offering a prime development opportunity (S.T.C.A). With ample space to bring your creative vision to life, this site is perfect for investors and developers eager to make an impact in a thriving suburb. The generous land size provides endless possibilities, whether you're planning a multi-unit development or a custom residential project (S.T.C.A).
Fawkner's vibrant community and strategic location make it an ideal setting for new developments. Enjoy excellent transport links with easy access to public transport and major roads, offering seamless connectivity to Melbourne's CBD and surrounding suburbs.
This area is rich with amenities, including churches, mosques, parks, shopping centres, and highly regarded schools like St. Matthew's Primary, Fawkner Primary, and John Fawkner College—making it highly attractive to future residents.
Take advantage of this rare opportunity to secure a substantial parcel of land in a highly sought-after location. With rising demand for quality housing, this property offers a lucrative chance to capitalise on Fawkner's growth.
Disclaimer:
MESSAGE TO BUYERS –
ALL properties are advertised at GENUINE PRICES. Please understand that there is often more than one buyer interested in the same property. When that happens, all buyers will be given EQUAL OPPORTUNITY TO MAKE THEIR BEST OFFERS, VIA A SEALED BID.
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Property Details for 7 Yungera St, Fawkner

7 Yungera St, Fawkner is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 791m2. The place is currently for sale with Lewis Realty Pty Ltd - COBURG.

Building Type
House
Year Built
1960
Land Size
791m2

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About Fawkner 3060

The size of Fawkner is approximately 5.3 square kilometres. It has 12 parks covering nearly 15.1% of total area. The population of Fawkner in 2011 was 12,596 people. By 2016 the population was 14,044 showing a population growth of 11.5% in the area during that time. The predominant age group in Fawkner is 30-39 years. Households in Fawkner are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Fawkner work in a professional occupation. In 2011, 71% of the homes in Fawkner were owner-occupied compared with 66.7% in 2016.

Fawkner has 6,479 properties. Over the last 5 years, Houses in Fawkner have seen a 12.10% increase in median value, while Units have seen a 18.19% increase. As at 30 November 2024:

  • The median value for Houses in Fawkner is $769,349 while the median value for Units is $569,023.
  • Houses have a median rent of $550 while Units have a median rent of $500.
There are currently 26 properties listed for sale, and 16 properties listed for rent in Fawkner on OnTheHouse. According to CoreLogic's data, 260 properties were sold in the past 12 months in Fawkner.

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Suburb Insights for Fawkner 3060

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Andy Mobilia
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Daniel Veronese
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Lewis Realty Pty Ltd - COBURG
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