FOR SALE
$380,000 to $410,000

Lot 2/7 Knights Court
Tynong VIC 3813

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 0.4499ha
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Trainer Allotment - Pakenham Racing Club at Tynong

Offering a prime allotment in the heart of the master plan (Stage 1) for the Pakenham Racecourse. Sportsbet Pakenham Racing club established a "Trainer Allotments" precinct (with ownership unrestricted) to build both stabling infrastructure and dwellings.
The allotment features;
* Three phase power
* Telephone and Internet access
* Town Water
* Sewage Reticulation
* Rear Access to Horse walk thoroughfares which offer safe, secure and direct access into the Pakenham Racecourse
The Pakenham Racing club now hosts over 40 race meetings annually and is based in Victoria's racing heartland with all five of Victoria's metropolitan racetracks and a number of country race tracks within an hours' travel, this 4499m2 trainer allotment presents an opportunity for you to design your dream residence. These training facility ensuring a functional investment for years to come
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Property Details for Lot 2/7 Knights Ct, Tynong

Building Type
Land
Land Size
0.4499ha

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About Tynong 3813

The size of Tynong is approximately 21.3 square kilometres. The population of Tynong in 2011 was 684 people. By 2016 the population was 436 showing a population decline of 36.3% in the area during that time. The predominant age group in Tynong is 50-59 years. Households in Tynong are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Tynong work in a trades occupation. In 2011, 79.6% of the homes in Tynong were owner-occupied compared with 80.6% in 2016.

Tynong has 273 properties. Over the last 5 years, Houses in Tynong have seen a 50.88% increase in median value. As at 30 September 2024:

  • The median value for Houses in Tynong is $903,401 while the median value for Units is $615,886.
  • Houses have a median rent of $345.
There are currently 4 properties listed for sale, and no properties listed for rent in Tynong on OnTheHouse. According to CoreLogic's data, 8 properties were sold in the past 12 months in Tynong.

Suburb Insights for Tynong 3813

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Troy Farrell
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LJ Hooker Pakenham
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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.