OFF MARKET

116 Old Willbriggie Road
Hanwood NSW 2680

Bedrooms: 5
Bathrooms: 4
Car spaces: -
Floor area: 705m2
Land area: 10000m2
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Property Details for 116 Old Willbriggie Rd, Hanwood

116 Old Willbriggie Rd, Hanwood is a 5 bedroom, 4 bathroom House and was built in 2004. The property has a land size of 10000m2 and floor size of 705m2.

Building Type
House
Year Built
2004
Floor Size
705m2
Land Size
10000m2
Local Government
Griffith

Last Listing description (November 2022)

Significant land area of 78,185sqm (7.82ha)
Draft Masterplan for 66 lots (with opportunity to increase STCA)
Zoned RU5 - Village

Excellent lifestyle location
Strong Pre-Sale demand

Soul Property Agents is proud to present 116 Old Willbriggie Road, Hanwood for sale via Expressions of Interest.

The property forms part of the current draft masterplan by Griffith City Council for Hanwood, with planning and assessment underway the Council is very active in its desire to see residential development begin in Hanwood.

Located in a highly desirable location in the popular village 116 Old Willbriggie Road, Road is connected to Griffith via Old Willbriggie Road and The Kidman Way and by the picturesque pedestrian and cycle way linking Griffith to Hanwood and Baiada (Griffith's largest employer)

Hanwood is highly sought by next generation owner occupiers and employees of Griffith's largest employer Baiada (Steggles). With the village post office, medical practice, Hanwood Sports Club & Oval, convenience store, butcher, and restaurant all close by, there is a genuine sense of community in Hanwood.

The key highlights of this development opportunity are below:

78,185sqm (7.82ha) site in Hanwood with dual street frontages.
Over 470m of street frontage along Old Willbriggie Road.
Current Draft masterplan proposes 66 lots (opportunity to vary and increase lots STCA)
Average lot size 800-900sqm in this draft
Positioned close to The Kidman Way as Griffith's main arterial link to Melbourne
Proximity to key shopping precincts such as Aldi Griffith, Bunnings, and Harvey Norman just 4km away.
Proximity to Griffith Central Shopping Centre 5km
Only 5km to Griffith CBD, Business district and our famous cafes & restaurants
strong pre-sale demand already exists for this location (excellent pre-construction sales opportunities)
Recent property data shows the strong demand and growth for Griffith

Griffith has seen exceptional growth in recent years and currently has a critical housing and rental undersupply.

To arrange an inspection or for more information, please contact the exclusive marketing agents Soul Property Agents.

Property History for 116 Old Willbriggie Rd, Hanwood, NSW 2680

A timeline of how this property has performed in the market
  • 23 Aug 2022
    Listed for Sale $2,431,000

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About Hanwood 2680

The size of Hanwood is approximately 101.4 square kilometres. The population of Hanwood in 2011 was 1,489 people. By 2016 the population was 1,278 showing a population decline of 14.2% in the area during that time. The predominant age group in Hanwood is 50-59 years. Households in Hanwood are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Hanwood work in a managers occupation. In 2011, 69.8% of the homes in Hanwood were owner-occupied compared with 67.3% in 2016.

Hanwood has 648 properties. Over the last 5 years, Houses in Hanwood have seen a 66.40% increase in median value, while Units have seen a 66.11% increase. As at 30 September 2024:

  • The median value for Houses in Hanwood is $368,379 while the median value for Units is $413,396.
  • Houses have a median rent of $470.
There are currently 3 properties listed for sale, and 1 property listed for rent in Hanwood on OnTheHouse. According to CoreLogic's data, 21 properties were sold in the past 12 months in Hanwood.

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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.