OFF MARKET

8 Modica Crescent
Buronga NSW 2739

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 12220m2
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Property Details for 8 Modica Cres, Buronga

Building Type
Land
Land Size
12220m2
Local Government
Wentworth
Lot/Plan
15/DP1118464

Last Listing description (May 2024)

As Industrial land in the Mildura area is becoming more difficult to secure, this 12,220m2 Industrial allotment represents a fantastic opportunity to either secure for future development, subdivide and resell, or build and locate your business in the heart of the Industrial development zone in Buronga.

Key features include:
*12,220m2 with excellent street frontage

*Dual access
*Fully fenced
*Zoned Industrial IN1
*Ample Power supply
*All services available

Mildura is ideally located centrally to Adelaide, Melbourne and Sydney and is becoming a strategic base for small through to large size enterprises including heavy industry.
This outstanding site takes full advantage of its prime location. Call today to arrange an inspection.

Property History for 8 Modica Cres, Buronga, NSW 2739

A timeline of how this property has performed in the market
Last Sold
$675,000
31 Mar 2023
  • 08 May 2024
    Listed for Sale $1,200,000 - $1,300,000
  • 15 Nov 2023
    Listed for Sale $1.375 million
  • 31 Mar 2023
    Sold for $675,000
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About Buronga 2739

The size of Buronga is approximately 15.1 square kilometres. The population of Buronga in 2011 was 1,131 people. By 2016 the population was 1,233 showing a population growth of 9.0% in the area during that time. The predominant age group in Buronga is 0-9 years. Households in Buronga are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Buronga work in a trades occupation. In 2011, 68.1% of the homes in Buronga were owner-occupied compared with 71% in 2016.

Buronga has 851 properties. Over the last 5 years, Houses in Buronga have seen a 74.77% increase in median value, while Units have seen a 128.30% increase. As at 30 September 2024:

  • The median value for Houses in Buronga is $380,850 while the median value for Units is $352,779.
  • Houses have a median rent of $470 while Units have a median rent of $230.
There are currently 10 properties listed for sale, and 4 properties listed for rent in Buronga on OnTheHouse. According to CoreLogic's data, 49 properties were sold in the past 12 months in Buronga.

Suburb Insights for Buronga 2739

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Disclaimer
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.