McGrath is excited to present the extremely rare opportunity to secure a substantial 1,315.2sqm (approx.) Northbridge site. This exceptional development opportunity has immense potential, situated in Northbridge's most sought-after and central locations. This level site offers a prime opportunity for investors looking to capitalize on the area's unprecedented growth and demand.
- 1,315.2sqm (approx.) with 31.2m frontage on a level, square parcel of land
- Opposite Woolworths, Northbridge Plaza premier precinct
The size of Northbridge is approximately 2.7 square kilometres. It has 19 parks covering nearly 28.6% of total area. The population of Northbridge in 2011 was 5,931 people. By 2016 the population was 6,342 showing a population growth of 6.9% in the area during that time. The predominant age group in Northbridge is 40-49 years. Households in Northbridge are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Northbridge work in a professional occupation. In 2011, 77.3% of the homes in Northbridge were owner-occupied compared with 78.4% in 2016.
Northbridge has 2,645 properties. Over the last 5 years, Houses in Northbridge have seen a 64.00% increase in median value, while Units have seen a 9.97% increase. As at 31 October 2024:
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