Located within 500m (approx) to the new Orchard Hills Train Station, this property represents excellent opportunity for investors and developers alike.
Located in Neighbourhood E, this property will likely benefit from medium to high density housing and/or commercial uses (subject to finalisation of a new precinct plan, STGA and STCA). Neighbourhood E will be the thriving civic and cultural hub of Orchard Hills, with the Metro station and transport interchange at its heart. The centre will provide retail, commercial, community and entertainment uses, and will be a meeting place for the community.
The property is of regular shape, level, relatively free of vegetation and is not affected by any riparian zones.
The house presents well with timber floors throughout, 8 bedrooms, quality kitchen, large balcony, garage converted to a home office and large driveway.
Orchard Hills is currently one of the most exciting areas in which to invest. Please contact the exclusive agent to discuss this opportunity further.
The size of Orchard Hills is approximately 43.1 square kilometres. It has 7 parks covering nearly 0.8% of total area. The population of Orchard Hills in 2011 was 1,911 people. By 2016 the population was 1,873 showing a population decline of 2.0% in the area during that time. The predominant age group in Orchard Hills is 40-49 years. Households in Orchard Hills are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Orchard Hills work in a clerical occupation. In 2011, 85% of the homes in Orchard Hills were owner-occupied compared with 80.8% in 2016.
Orchard Hills has 744 properties. Over the last 5 years, Houses in Orchard Hills have seen a 52.22% increase in median value, while Units have seen a 267.07% increase. As at 30 November 2024:
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