FOR SALE
For Sale by Expression of Interest

East Street
Kerang VIC 3579

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 4504m2
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DEVELOPMENT OPPORTUNITY

Graeme Hayes Real Estate are pleased to offer to the market this prominent development site in Kerang.
This large residential land parcel over 3 titles that retains 9 allotments, represents an opportunity with potential for subdivision (STCA)** in a highly popular residential area. Located within 1.5km* are the following amenities, Kerang Hospital, aged care facilities, Kerang Primary school, Kerang High school and Kerang town centre.
• Land Size: 4504m2*
• Street frontage:
East Street – 38.5m*
• General Residential Zone – Schedule 1
• Well, suited to a number of development outcomes including subdivision or single dwelling. (STCA)**
The property is offered for sale by expression of interest so don’t delay, put in your best offer to secure this premium parcel of land.
Sale by Expressions of Interest closing – Wednesday 27th November at 3.00pm
*All measurements are approximate
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Property Details for East St, Kerang

Building Type
Land
Land Size
4504m2

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About Kerang 3579

The size of Kerang is approximately 146.6 square kilometres. It has 8 parks covering nearly 0.9% of total area. The population of Kerang in 2011 was 3,872 people. By 2016 the population was 3,897 showing a population growth of 0.6% in the area during that time. The predominant age group in Kerang is 60-69 years. Households in Kerang are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Kerang work in a managers occupation. In 2011, 69.5% of the homes in Kerang were owner-occupied compared with 71.3% in 2016.

Kerang has 2,527 properties. Over the last 5 years, Houses in Kerang have seen a 96.67% increase in median value, while Units have seen a 41.94% increase. As at 30 September 2024:

  • The median value for Houses in Kerang is $316,925 while the median value for Units is $275,958.
  • Houses have a median rent of $300 while Units have a median rent of $225.
There are currently 47 properties listed for sale, and 1 property listed for rent in Kerang on OnTheHouse. According to CoreLogic's data, 94 properties were sold in the past 12 months in Kerang.

Suburb Insights for Kerang 3579

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Nathan Hipworth
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Graeme Hayes
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Graemem Hayes Real Estate
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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.