A rare chance to capitalize on an R4 zoned approximately 1500sqm block with wide street frontage, this property presents a perfect development opportunity (STCA). Located within a short stroll to Campsie Town Centre, train station, and Canterbury Hospital, this site is earmarked for significant uplift in height and density upon the gazettal of the Campsie master plan, which will include a metro station and a private hospital.
Numerous development options are available, including a childcare centre, boarding houses, residential mixed-use development, and affordable housing (STCA).
The size of Campsie is approximately 3.3 square kilometres. It has 16 parks covering nearly 3.3% of total area. The population of Campsie in 2011 was 21,219 people. By 2016 the population was 24,573 showing a population growth of 15.8% in the area during that time. The predominant age group in Campsie is 20-29 years. Households in Campsie are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Campsie work in a professional occupation. In 2011, 48.9% of the homes in Campsie were owner-occupied compared with 43.3% in 2016.
Campsie has 12,575 properties. Over the last 5 years, Houses in Campsie have seen a 54.97% increase in median value, while Units have seen a 19.90% increase. As at 30 September 2024:
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