53 Shaw St, Springdale Heights is a 0 bedroom, 0 bathroom House and was built in 1920. The property has a land size of 47170m2 and floor size of 125m2. While the property is not currently for sale or for rent, it was last sold in May 2013.
With land close to CBD areas becoming scarce, this potential subdivision is one of the last chances to find over 11.5 acres of undeveloped land under 3km from Lavington CBD.
Snowy Mountain Views Estate offers huge potential for investors and/or developers, with plans of the proposed subdivision already drawn up by EDM in 2017. EDM also installed two sewerage pits with all connections fitted to service the planned subdivision, this would be a large saving when carrying out the civil works. The land is gently sloped which affords stunning views over Albury/Lavington and to the Snowy Mountains from the higher elevations. In a quiet country setting and offering a large array of block sizes, this subdivision will cater to most buyers.
53 Shaw Street, runs alongside the popular Barramie Estate in Springdale Heights. Barramie Estate's blocks are being sold off market through Wodonga First National. We currently have a waiting list of clients wishing to purchase land in the local area and feel we could offer these blocks for sale before titles have been issued.
The land is conveniently located only a short distance to the following facilities: (Please click the below google maps link to clarify the exact location of the subdivision)
Springdale Heights Shopping Centre: 1.5km - 2min Drive
Dean St (Albury CBD): 7.9km - 12min Drive
Lavington CBD: 2.9km - 4min Drive
Albury Airport: 8.9km - 11min Drive
Thurgoona CBD: 2.7km - 4min Drive
CSU Albury: 5.9km - 9min Drive
Albury Train Station: 7.3km - 11min Drive
Google Maps link: https://bit.ly/3CbyLbL
Please find below our conservative estimates of block pricing based on current market research.
RE-SALE OF SUBDIVIDED BLOCKS:
000m2 - 500m2 x 1 @ $155,000 each = $155,000
500m2 - 700m2 x 5 @ $160,000 each = $800,000
700m2 - 900m2 x 14 @ $170,000 each = $2,380,000
900m2 - 1100m2 x 7 @ $190,000 each = $1,330,000
1100m2 - 1300m2 x 4 @ $200,000 each = $800,000
1300m2 - 1500m2 x 2 @ $220,000 each = $440,000
1500m2 - 2000m2 x 1 @ $240,000 each = $240,000
2000m2 - 3000m2 x 2 @ $300,000 each = $600,000
TOTAL = $6,745,000
The size of Springdale Heights is approximately 6.9 square kilometres. It has 3 parks covering nearly 1.3% of total area. The population of Springdale Heights in 2011 was 1,892 people. By 2016 the population was 2,046 showing a population growth of 8.1% in the area during that time. The predominant age group in Springdale Heights is 60-69 years. Households in Springdale Heights are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Springdale Heights work in a labourer occupation. In 2011, 59.9% of the homes in Springdale Heights were owner-occupied compared with 61.6% in 2016.
Springdale Heights has 1,357 properties. Over the last 5 years, Houses in Springdale Heights have seen a 93.44% increase in median value, while Units have seen a 69.39% increase. As at 30 September 2024:
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