Buying a vacant block of land has many advantages, not just the price, and once you're in, have all the benefits of a brand new home.
Land rarely comes up in our area as every other option is naturally already built upon. We live in such a beautiful area that when they do come available, they don't last long.
Particularly a block like this that offers:
New development sites elsewhere on the Beaches can vary in size but most are in the vicinity of, or likely less than, 400 sqm. Here you have the opportunity to secure a large 550 m2 block in an existing neighbourhood plus your services are already connected.
The median price in the Suburb is currently $1,850,000* so that leaves ample funds in the budget to build new. We meet many buyers that resort to buying an old home with the intent of rebuilding at a later date, no need to wait with this one or to pay the extra for an older home to be removed.
Contact John Drake 0418 952 240 or Martha MacLaurin-Wood on 0437 627 842 for more information.
The size of Elanora Heights is approximately 3.4 square kilometres. It has 15 parks covering nearly 20.8% of total area. The population of Elanora Heights in 2011 was 3,852 people. By 2016 the population was 4,347 showing a population growth of 12.9% in the area during that time. The predominant age group in Elanora Heights is 40-49 years. Households in Elanora Heights are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Elanora Heights work in a professional occupation. In 2011, 89.2% of the homes in Elanora Heights were owner-occupied compared with 86.6% in 2016.
Elanora Heights has 1,550 properties. Over the last 5 years, Houses in Elanora Heights have seen a 71.63% increase in median value, while Units have seen a 82.17% increase. As at 31 October 2024:
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