Affordable investment opportunity in the rural township of Montefiores! On offer, two large parcels, approx. 1,080 sq.m and approx. 1,114 sq.m respectively, ideal for large designer homes or duplexes (subject to council approval).
Price at just $70,000 per block, secure today and start or add to your investment portfolio in this sought-after area!
The size of Montefiores is approximately 7.5 square kilometres. It has 3 parks covering nearly 2.3% of total area. The population of Montefiores in 2011 was 472 people. By 2016 the population was 621 showing a population growth of 31.6% in the area during that time. The predominant age group in Montefiores is 0-9 years. Households in Montefiores are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Montefiores work in a community and personal service occupation. In 2011, 80.8% of the homes in Montefiores were owner-occupied compared with 76.9% in 2016.
Montefiores has 361 properties. Over the last 5 years, Houses in Montefiores have seen a 114.75% increase in median value. As at 31 October 2024:
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