FOR SALE
Expression of Interest

40 Sharrock Road
Wonthaggi VIC 3995

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Land area: 4ac
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Future Development Landbank opportunity

Expression of Interest by the 6th October 2024 if not SOLD prior.
A rare opportunity to invest in the future with this ideally positioned future development landbank opportunity. Currently zoned FZ though with the fast growth of the Northeastern precinct residential boundary quickly approaching with Parklands Estate and Powlett Ridge Estate on the near northern horizon.
Being approx 4 acres and currently housing the original 3-bedroom farmhouse and machinery sheds this is the ideal investment for the future growth of Wonthaggi and Bass Coast.
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Property Details for 40 Sharrock Rd, Wonthaggi

40 Sharrock Rd, Wonthaggi is a 3 bedroom, 1 bathroom AcreageSemi-rural. The property has a land size of 4ac. The place is currently for sale with OBrien Real Estate Judith Wright.

Building Type
AcreageSemi-rural
Land Size
4ac

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About Wonthaggi 3995

The size of Wonthaggi is approximately 52.4 square kilometres. It has 24 parks covering nearly 4.6% of total area. The population of Wonthaggi in 2011 was 4,354 people. By 2016 the population was 4,964 showing a population growth of 14.0% in the area during that time. The predominant age group in Wonthaggi is 60-69 years. Households in Wonthaggi are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Wonthaggi work in a trades occupation. In 2011, 63.7% of the homes in Wonthaggi were owner-occupied compared with 62.9% in 2016.

Wonthaggi has 4,094 properties. Over the last 5 years, Houses in Wonthaggi have seen a 46.26% increase in median value, while Units have seen a 49.41% increase. As at 31 October 2024:

  • The median value for Houses in Wonthaggi is $567,285 while the median value for Units is $451,383.
  • Houses have a median rent of $450 while Units have a median rent of $400.
There are currently 66 properties listed for sale, and 5 properties listed for rent in Wonthaggi on OnTheHouse. According to CoreLogic's data, 159 properties were sold in the past 12 months in Wonthaggi.

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Michael Wilkinson
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OBrien Real Estate Judith Wright
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