Offers From $459,000Elm Cove
Elm Cove Collie WA 6225
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Land area: 2.71ac
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Subdivision Potential – 1.1 Ha Lot of Land!
Presenting an exclusive opportunity to own a remarkable 1.1-hectare (2.71-acre) lot situated in the heart of the charming Collie Township. This expansive parcel of land is nestled within a beautiful estate, offering you the chance to capitalize on the high demand for housing through potential future subdivision and development. The land is strategically zoned under the 'Urban Development' scheme by the Shire of Collie, emphasizing its promise for residential, and other developments normally associated with urban growth.
Imagine the possibilities as you stand on this massive slice of paradise, surrounded by newly constructed homes and the serene backdrop of Mother Nature. This property is uniquely positioned less than 1.5 kilometres from the vibrant town centre, ensuring easy access to amenities while enjoying the tranquillity of a peaceful, family-friendly neighbourhood.
The 'Urban Development' zoning provides a foundation for structured growth and dynamic development. Specific approvals will be required from the local government to set up the area for subdivision, including a Structure Planning process. This involves meeting certain requirements such as consolidating road layout/access, lot configuration, and coding. Additionally, the planning must address land use constraints, covering critical aspects such as bushfire-prone areas, environmental assessments, underground mining considerations, and compliance with applicable State Planning Policies (SPPs).
The Local Planning Scheme identifies urban development to provide future land use intentions and a basis for more detailed structure planning. It aims to offer a range of residential densities, encouraging a variety of living accommodations, and supports the progressive development of urban areas for both residential purposes and commercial activities typically associated with residential settings.
In a market where land and property are in such short supply, this rare opportunity is perfectly timed for developers eager to meet the high demand for housing. Whether you are a seasoned developer or new to the field, this is the ideal property for your next project, offering boundless potential in a highly desirable location.
For more detailed information and to discuss the exact requirements for development, please contact Matt Blackford at 0405 919 121 or email matt.blackford@elders.com.au. Don't miss your chance to create something extraordinary on this prime piece of land in Collie Township.
• 1.1 Ha (2.71 Acres) of Land
• Less than 1.5 Kms to the town centre
• Beautiful bush backdrop
• Recently established Estate
See MoreProperty Details for Elm Cove, Collie
Building Type
Land
Land Size
2.71ac
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About Collie 6225
The size of Collie is approximately 53.4 square kilometres. It has 25 parks covering nearly 43.6% of total area. The population of Collie in 2011 was 7,962 people. By 2016 the population was 7,578 showing a population decline of 4.8% in the area during that time. The predominant age group in Collie is 60-69 years. Households in Collie are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Collie work in a trades occupation. In 2011, 73.4% of the homes in Collie were owner-occupied compared with 71.8% in 2016.
Collie has 4,340 properties. Over the last 5 years, Houses in Collie have seen a 137.88% increase in median value, while Units have seen a 116.63% increase. As at 30 September 2024:
- The median value for Houses in Collie is $363,622 while the median value for Units is $274,455.
- Houses have a median rent of $475 while Units have a median rent of $320.
There are currently 48 properties listed for sale, and 2 properties listed for rent in Collie on OnTheHouse. According to CoreLogic's data, 252 properties were sold in the past 12 months in Collie.
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