FOR SALE
$680,000-$740,000

132 Southern Road
Heidelberg West VIC 3081

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Land area: 647m2
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Prime 647m² Development Opportunity

Buy One Or Two To Combine A Bigger Development
Unlock the potential of this prime development opportunity, set in a thriving Residential Growth Zone (DDO14). This generous 647m² allotment is ideal for developers and investors, offering the chance to design and build 3 to 4 units (STCA) with a substantial 13.5-meter height allowance.
The existing home is not in a livable condition, emphasizing the true value of the land—a blank canvas ready for a modern, fresh development. With dimensions of 36.58m x 17.68m, the site is perfectly sized for a multi-unit project (STCA).
The property includes three bedrooms, a spacious living area, a functional kitchen/meals area, central bathroom, laundry, separate WC, timber floors, gas heating, and off-street parking—all bathed in natural light.
Positioned for ultimate convenience, the site is surrounded by key amenities. Future residents will enjoy proximity to the Austin Hospital, Melbourne Polytechnic, and La Trobe University, ensuring top-tier healthcare and educational options. Easy access to Rosanna station makes commuting simple, while Northland Shopping Centre covers all retail needs. Burgundy Street’s cafés and Charles La Trobe P-12 College add to the appeal for families.
This is more than just a property purchase—it's a smart investment in the future of a vibrant and growing community.
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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. Prospective purchasers should make their own enquiries to verify the information contained in this document. Purchasers should make their own enquires 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. http://www.consumer.vic.gov.au/duediligencechecklist
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Property Details for 132 Southern Rd, Heidelberg West

132 Southern Rd, Heidelberg West is a 3 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 647m2. The place is currently for sale with Professionals First & Co.

Building Type
House
Land Size
647m2

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About Heidelberg West 3081

The size of Heidelberg West is approximately 3.2 square kilometres. It has 9 parks covering nearly 14.1% of total area. The population of Heidelberg West in 2011 was 5,327 people. By 2016 the population was 5,561 showing a population growth of 4.4% in the area during that time. The predominant age group in Heidelberg West is 20-29 years. Households in Heidelberg West are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Heidelberg West work in a professional occupation. In 2011, 38.5% of the homes in Heidelberg West were owner-occupied compared with 37.9% in 2016.

Heidelberg West has 4,113 properties. Over the last 5 years, Houses in Heidelberg West have seen a 15.35% increase in median value, while Units have seen a 16.73% increase. As at 31 October 2024:

  • The median value for Houses in Heidelberg West is $841,878 while the median value for Units is $679,353.
  • Houses have a median rent of $510 while Units have a median rent of $585.
There are currently 11 properties listed for sale, and 4 properties listed for rent in Heidelberg west on OnTheHouse. According to CoreLogic's data, 170 properties were sold in the past 12 months in Heidelberg west.

Suburb Insights for Heidelberg West 3081

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Wenlong Zhang
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Eddie Fu
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Professionals First & Co
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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.