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17 Elpis Road
Weir Views VIC 3338

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Prime Residential Opportunity: 400 sqm (approx) Land Block Awaits Your Vision

Welcome to an exceptional opportunity to own a prime 400 sqm (approx) residential land parcel in one of the most desirable locations. This vacant land offers a canvas for your dream home, where you can bring your architectural vision to life (STCA). Weir Views, in what is fast becoming the most sought-after location in Melton, has seen a 30% population increase since 2016.
Nearby you will find shopping facilities surrounding you including Woodgrove Shopping Centre, Opalia Plaza, and great primary schools and secondary colleges. It's just 32km west of the CBD, with Victoria University and Melton Train Station also just a short drive away. With the area experiencing steady growth and development, this land parcel presents not only an opportunity to build your dream home but also an attractive long-term investment.
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Property Details for 17 Elpis Rd, Weir Views

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Land

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About Weir Views 3338

The size of Weir Views is approximately 5.1 square kilometres. It has 5 parks covering nearly 13.6% of total area. The population of Weir Views in 2011 was 8,916 people. By 2016 the population was 11,516 showing a population growth of 29.2% in the area during that time. The predominant age group in Weir Views is 30-39 years. Households in Weir Views are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Weir Views work in a trades occupation. In 2011, 65.9% of the homes in Weir Views were owner-occupied compared with 63.7% in 2016.

Weir Views has 3,776 properties. Over the last 5 years, Houses in Weir Views have seen a 26.86% increase in median value, while Units have seen a 27.85% increase. As at 30 November 2024:

  • The median value for Houses in Weir Views is $569,375 while the median value for Units is $472,514.
  • Houses have a median rent of $460.
There are currently 52 properties listed for sale, and 18 properties listed for rent in Weir views on OnTheHouse. According to CoreLogic's data, 200 properties were sold in the past 12 months in Weir views.

Suburb Insights for Weir Views 3338

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Toni El-Helou
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Jessica Wat
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BIGGIN & SCOTT BOROONDARA
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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.