FOR SALE
$450,000 - $495,000 Plus GST

101 Alder Street
Kangaroo Flat VIC 3555

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 3100m2
Improve this data
Inspection Times
No upcoming inspections scheduled.
Contact agent to arrange an inspection.
Share
Save

An Enviable House Block, Dual Occupancy, or Development Opportunity

Indicative Selling Price $450,000 - $495,000 Plus GST
It will likely surprise you to see that a vacant parcel of land remains in this established area of Kangaroo Flat. What's more, you'll be delighted to see the size on offer. Measuring 3,100sqm (approx.), the block is about three quarters of an acre!
There is 11.76m frontage to Alder Street via what would be a private driveway once constructed (or potentially a new road if you are considering development). Town services; being water, sewer, gas, telephone and NBN, are available nearby, however they will require connection. The property is fenced to all sides and enjoys views of the residential neighbourhood, leafy green environs, and blue skies beyond.
The offering of this property to the market represents a unique opportunity to establish the family home and lifestyle you have been waiting for. Given the generous proportions of the block, you will be able to construct an open plan wonderland of modern Australian architecture. The end result will be a stunning home for you to enjoy and to share.
Here you will undoubtedly love having the space, and therefore choice, for optimum home orientation and passive design. As well as space for beautiful easy-care landscaping and gardens, including veggie gardens and water tanks to harvest and store rainwater. Perhaps you'll be fortunate enough to create generous outdoor entertaining elements, install a pool, a sports court, a shed, and outbuildings – subject to obtaining Council planning and building permits and approvals.
Thoughtfully designed, the block would also be most appealing for those looking for a property that suits a low-maintenance lock up and leave lifestyle, but still affords space and flexibility as your needs change with time. The block would be ideal for dual occupancy - with the younger family in one home, sharing the property with grandparents in a second home (STCA).
The astute investor, builder and developer will also recognise the development potential of the site. They will either land bank for another day; or you might see them at an inspection running their measuring tapes, crunching buttons on their calculators, drawing up plans. They will be completing their due diligence to work out the number of blocks they may be able to secure a permit for, to subdivide (STCA) for profit.
An abundance of adventure surrounds you here. The block is positioned right on the boundary of Kangaroo Flat and Golden Square. Join sporting clubs and community groups, explore bike and walking trails. Visit nearby parks and playgrounds. Enjoy great access to the Bendigo CBD by car and public transport. There is also great access to schools, childcare centres, doctors, allied health services, supermarkets, shops, sporting facilities, and Gurri Wanyarra Wellbeing Centre.
View Statement of Information

Property Details for 101 Alder St, Kangaroo Flat

Building Type
Land
Land Size
3100m2

Commute Calculator

About Kangaroo Flat 3555

The size of Kangaroo Flat is approximately 18.4 square kilometres. It has 27 parks covering nearly 40.1% of total area. The population of Kangaroo Flat in 2011 was 9,492 people. By 2016 the population was 10,405 showing a population growth of 9.6% in the area during that time. The predominant age group in Kangaroo Flat is 20-29 years. Households in Kangaroo Flat are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Kangaroo Flat work in a labourer occupation. In 2011, 67.3% of the homes in Kangaroo Flat were owner-occupied compared with 67.4% in 2016.

Kangaroo Flat has 6,201 properties. Over the last 5 years, Houses in Kangaroo Flat have seen a 50.59% increase in median value, while Units have seen a 43.40% increase. As at 31 October 2024:

  • The median value for Houses in Kangaroo Flat is $515,763 while the median value for Units is $360,339.
  • Houses have a median rent of $460 while Units have a median rent of $400.
There are currently 40 properties listed for sale, and 7 properties listed for rent in Kangaroo flat on OnTheHouse. According to CoreLogic's data, 233 properties were sold in the past 12 months in Kangaroo flat.

Kangaroo Flat Profile Page

Suburb Insights for Kangaroo Flat 3555

Visit Kangaroo Flat profile page
Market Insights
Kangaroo Flat Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Kangaroo Flat Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Kangaroo Flat profile page
Contact agent
Patrick Skahill
Show contact details
Call agent
Elders Real Estate Bendigo
Preferred contact:
Privacy Policy
CoreLogic Copyright and Legal Disclaimers about Property Data

© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

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.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED