FOR SALE
$900,000 plus GST

5 Parer Avenue
Moe VIC 3825

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 3479m2
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Unique Development Opportunity!

Presenting a fantastic opportunity to secure prime real-estate with approved development plans for nine residential town houses. This desirable site is a 3479m2 allotment that is close to the CBD and surrounding amenities, an ideal location for the multi-dwelling development. With nine town houses approved for the site; seven host three bedroom, two bathrooms and double car garages with variations on study featured at the entrance or a study nook in the living. The remaining two town houses host two bedrooms, two bathrooms, single car garage and a study nook. Presenting an incredible opportunity to begin the approved development of nine residential townhouses or to invest and create your own plans and development of this generous allotment, close to town!
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Property Details for 5 Parer Ave, Moe

Building Type
Land
Land Size
3479m2

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About Moe 3825

The size of Moe is approximately 18.2 square kilometres. It has 28 parks covering nearly 7.1% of total area. The population of Moe in 2011 was 8,750 people. By 2016 the population was 8,792 showing a population growth of 0.5% in the area during that time. The predominant age group in Moe is 60-69 years. Households in Moe are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Moe work in a trades occupation. In 2011, 61.2% of the homes in Moe were owner-occupied compared with 61.3% in 2016.

Moe has 6,486 properties. Over the last 5 years, Houses in Moe have seen a 68.24% increase in median value, while Units have seen a 58.24% increase. As at 30 November 2024:

  • The median value for Houses in Moe is $355,323 while the median value for Units is $277,589.
  • Houses have a median rent of $380 while Units have a median rent of $280.
There are currently 53 properties listed for sale, and 10 properties listed for rent in Moe on OnTheHouse. According to CoreLogic's data, 256 properties were sold in the past 12 months in Moe.

Suburb Insights for Moe 3825

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Anthony Rabl
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Abbey Fisher
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RW Property Group
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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.