FOR SALE
$1,500,000

159 Ryalls Lane
Strathfieldsaye VIC 3551

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 4.3ac
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Prime General Residential development site of 4.285 acres in a blue chip locale

- The property is an outstanding prime development site of 4.285 acres zoned General Residential and ideal for further sub-division (STCA)
- Immediately opposite the property is a new housing estate with extremely nice family homes, this sub-division was undertaken in very recent years with all services being available to the new established homes
- The 4.85 acres has potential to be developed (STCA) into approximately 18 allotments with an average size allotment of approximately 780m2. Many other options may exist and prospective purchasers should undertake their own due diligence with professional planners and surveyors
- Families wanting to buy in the Strathfieldsaye area are looking for the larger allotment sizes of say 780m2 which this property has the potential to deliver and thereby meet a growing demand
- Services are available ie natural gas, town water, power, NBN, sewer. A new housing estate with all services sits immediately opposite this property with all services connected to homes
- Strathfieldsaye is a suburb of the Greater City of Bendigo and is only 9 kilometres south-east of the Bendigo CBD. It is a fabulous place to live and is certainly a very high growth area of Bendigo
- From the property it is only a two minute drive to the Strathfieldsaye town centre, St Francis and Strathfieldsaye primary schools, early learning centre, supermarket, boutique shops, IGA supermarket, medical centre and tavern
- Once developed the estate created is within minutes to everything this beautiful rural suburb is known and loved for;
- Enjoy the best of the regional city/country lifestyle; central Bendigo is less than 10 minutes away, via an easy drive or convenient bus commute. Strathfieldsaye is also the gateway to Lake Eppalock, a favourite spot for weekend fishing and water sports.
- All enquiries can be made to to Gavin Butler the selling agent on 0427 887 766
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Property Details for 159 Ryalls Lane, Strathfieldsaye

Building Type
Land
Land Size
4.3ac

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About Strathfieldsaye 3551

The size of Strathfieldsaye is approximately 30.1 square kilometres. It has 12 parks covering nearly 26.5% of total area. The population of Strathfieldsaye in 2011 was 4,647 people. By 2016 the population was 5,430 showing a population growth of 16.8% in the area during that time. The predominant age group in Strathfieldsaye is 0-9 years. Households in Strathfieldsaye are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Strathfieldsaye work in a professional occupation. In 2011, 87.9% of the homes in Strathfieldsaye were owner-occupied compared with 84.3% in 2016.

Strathfieldsaye has 3,480 properties. Over the last 5 years, Houses in Strathfieldsaye have seen a 46.95% increase in median value, while Units have seen a 89.33% increase. As at 31 October 2024:

  • The median value for Houses in Strathfieldsaye is $746,116 while the median value for Units is $578,755.
  • Houses have a median rent of $560.
There are currently 19 properties listed for sale, and 2 properties listed for rent in Strathfieldsaye on OnTheHouse. According to CoreLogic's data, 133 properties were sold in the past 12 months in Strathfieldsaye.

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Gavin Butler
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