FOR SALE
$379,000

Lot 5 Strawflower Grove
Kangaroo Flat VIC 3555

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Land area: 738m2
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Kangaroo Rise - Boutique Estate on the Melbourne side of Bendigo

An exciting new development is on the horizon with Kangaroo Rise at Kangaroo Flat by Development Edge. Development Edge understands the importance of community, and the development has been designed with this in mind. The area is ideal for families and the location offers easy access to the Calder Highway for that trip to Melbourne or the airport. Development Edge have an excellent track record in Bendigo and in other regional areas for developing quality sub-divisions with a touch of class in terms of presentation and infrastructure, Kangaroo Rise will be no exception.
In the Bendigo market it has been some years since a boutique sub-division has been available on the Melbourne side of Bendigo with easy access to the Calder Highway. This new sub-division for families is certainly going to create significant interest for those wanting to build a new family home in a great locale renowned for its natural beauty and rural outlook.
Gavin Butler Real Estate can attest to the integrity of the Development Edge group who have provided some of the very best boutique home development sites across the Bendigo region. The track record of Development Edge ensures that buyers can buy into Kangaroo Rise with confidence that their new home site will be fabulous and certainly meet their expectations.
- Lot 5 Strawflower Grove 738m2 $379,000
- All services which include power, natural gas, town water, sewer and NBN
- A short distance from Kangaroo Flat and Bendigo town centres. Just 5 kilometres southwest of the Bendigo CBD
- No onerous covenants - easy covenants to work with
- There is no time frame where you have to have built by, so when to build is entirely your choice
- These blocks represent a great investment opportunity for the investor to land bank for future growth
- Places to visit nearby are Crusoe Reservoir, The Great Stupa of Universal Compassion, try your luck at gold prospecting, Belvoir Park Golf Course, Gurri Wanyarra Wellbeing Centre & aquatic centre etc
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Property Details for Lot 5 Strawflower Grove, Kangaroo Flat

Building Type
Land
Land Size
738m2

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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 6,217 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 51 properties listed for sale, and 4 properties listed for rent in Kangaroo flat on OnTheHouse. According to CoreLogic's data, 239 properties were sold in the past 12 months in Kangaroo flat.

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Gavin Butler
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