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42 Mattina Circuit
Greenvale VIC 3059

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Land in Greenvale: The Perfect Rectangular Block

The suburban expansion of major cities has given rise to a range of new residential developments, each offering varying benefits to prospective buyers and investors. Among these suburbs, Greenvale stands out as a desirable location for its combination of natural beauty, modern amenities, and strategic position within Melbourne's northern growth corridor. Within this thriving suburb, a perfect rectangular block of land presents a particularly compelling opportunity for those looking to build their dream home or make a sound investment.
This essay explores the key benefits of purchasing a rectangular block of land in Greenvale. It will examine the advantages of a rectangular block from a design and functionality perspective, the appeal of Greenvale as a suburb, and the long-term investment potential that comes with owning land in such a well-established community.
1. The Advantages of a Rectangular Block
A rectangular block of land is often considered the ideal shape for residential construction due to its simplicity, flexibility, and efficiency. The straight boundaries and uniform layout of a rectangular block provide a range of advantages when it comes to designing and building a home. Unlike irregularly shaped or corner blocks, which may pose challenges in maximizing space, a rectangular block allows for straightforward planning of rooms, outdoor areas, and parking spaces.
One of the primary benefits of this block shape is the ease with which it accommodates a wide variety of home designs, from single-story dwellings to larger, more expansive two-story houses. Architects can make optimal use of the land's dimensions, ensuring that every square meter is utilized effectively. Additionally, rectangular blocks are often more affordable to build on because they require less site preparation and fewer custom adjustments to the building plan.
For families, a rectangular block also allows for a generous backyard or garden space, ideal for outdoor activities, entertaining, or even future extensions. The regular shape ensures that outdoor areas are well-proportioned and can be easily landscaped or used for various recreational purposes. In short, a rectangular block offers versatility, efficiency, and cost-effectiveness-making it the perfect choice for homebuilders.
2. The Appeal of Greenvale as a Suburb
Greenvale has long been recognized as one of Melbourne's most desirable northern suburbs, offering a blend of modern living with a relaxed suburban atmosphere. Located just 20 kilometers from Melbourne's central business district, Greenvale provides residents with easy access to the city while maintaining a peaceful and family-friendly environment.
One of Greenvale's most appealing aspects is its balance between urban conveniences and natural beauty. The suburb is known for its leafy streets, expansive parks, and proximity to nature reserves such as Woodlands Historic Park. These natural amenities create a sense of tranquility and space that is often hard to find in inner-city living.
In addition to its natural appeal, Greenvale is well-serviced by a range of essential amenities. It boasts highly regarded schools, shopping centers, and recreational facilities, making it an ideal location for families. The nearby Greenvale Shopping Centre offers a variety of retail and dining options, while the suburb's proximity to Melbourne Airport ensures that residents are well-connected both locally and internationally.
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Property Details for 42 Mattina Cct, Greenvale

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About Greenvale 3059

The size of Greenvale is approximately 30.5 square kilometres. It has 25 parks covering nearly 36.2% of total area. The population of Greenvale in 2011 was 11,968 people. By 2016 the population was 15,471 showing a population growth of 29.3% in the area during that time. The predominant age group in Greenvale is 20-29 years. Households in Greenvale are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Greenvale work in a clerical occupation. In 2011, 91.8% of the homes in Greenvale were owner-occupied compared with 88.8% in 2016.

Greenvale has 10,341 properties. Over the last 5 years, Houses in Greenvale have seen a 26.76% increase in median value, while Units have seen a 32.82% increase. As at 31 October 2024:

  • The median value for Houses in Greenvale is $939,282 while the median value for Units is $587,381.
  • Houses have a median rent of $650 while Units have a median rent of $525.
There are currently 88 properties listed for sale, and 14 properties listed for rent in Greenvale on OnTheHouse. According to CoreLogic's data, 483 properties were sold in the past 12 months in Greenvale.

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