FOR SALE
$1,600,000

3 Heddle Parade
Mernda VIC 3754

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 3032m2
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"Exploring the Development Potential of Land 3032 in Mernda: Opportunities and Possibilities"

Located in the thriving suburb of Mernda, Victoria, Land 3032 presents an exceptional opportunity for development. Situated within a rapidly expanding community, this parcel of land boasts immense potential for various types of development projects.
With its strategic location in one of Melbourne's high-growth corridors, Land 3032 offers investors and developers the chance to capitalize on the increasing demand for residential, commercial, or mixed-use developments. Its proximity to essential amenities such as schools, shopping centers, healthcare facilities, and public transportation networks enhances its attractiveness for potential development ventures.
The surrounding area's infrastructure and urban amenities further contribute to the appeal of Land 3032. Access to major roads and highways facilitates convenient commuting to Melbourne's central business district and other key locations in the metropolitan area. Additionally, the presence of parks, recreational facilities, and community spaces enriches the quality of life for future residents or tenants.
Zoning regulations and planning permissions play a crucial role in shaping the development potential of Land 3032. Understanding and navigating these regulations effectively can unlock various possibilities for residential subdivisions, apartment complexes, retail centers, or mixed-use developments tailored to meet the evolving needs of the local community.
Furthermore, the growth trajectory of Mernda and its surrounding areas underscores the long-term viability and profitability of development projects on Land 3032. As population numbers continue to rise and demand for housing and commercial spaces escalates, this parcel of land presents a prime opportunity for investors and developers to contribute to the area's ongoing transformation and prosperity.
In summary, Land 3032 in Mernda, Victoria, represents a promising canvas for development endeavors. Its strategic location, robust infrastructure, and supportive regulatory environment set the stage for innovative and lucrative development projects that can enrich the fabric of the local community while offering attractive returns on investment.
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Property Details for 3 Heddle Pde, Mernda

Building Type
Land
Land Size
3032m2

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About Mernda 3754

The size of Mernda is approximately 22.5 square kilometres. It has 104 parks covering nearly 9.4% of total area. The population of Mernda in 2011 was 6,507 people. By 2016 the population was 16,469 showing a population growth of 153.1% in the area during that time. The predominant age group in Mernda is 30-39 years. Households in Mernda are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mernda work in a professional occupation. In 2011, 79.8% of the homes in Mernda were owner-occupied compared with 69.9% in 2016.

Mernda has 10,625 properties. Over the last 5 years, Houses in Mernda have seen a 26.53% increase in median value, while Units have seen a 17.43% increase. As at 31 October 2024:

  • The median value for Houses in Mernda is $726,272 while the median value for Units is $467,305.
  • Houses have a median rent of $550 while Units have a median rent of $480.
There are currently 88 properties listed for sale, and 40 properties listed for rent in Mernda on OnTheHouse. According to CoreLogic's data, 457 properties were sold in the past 12 months in Mernda.

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