Situated within walking distance to the Atherton Hospital this development lot is in a prime location. Zoned Medium Density Residential and in a preferred location for compatible use this block of land is ideally suited for an investor wanting to capitalize.
Atherton rental demands are high and there is a lack of appropriate housing for independent aged living. This development site is ideally located in very close proximity to all services and amenities including:
Showgrounds - 50m
Contact Elders exclusive listed agent on 0428 116 136 for more information.
The size of Atherton is approximately 94.1 square kilometres. It has 33 parks covering nearly 9.3% of total area. The population of Atherton in 2011 was 7,286 people. By 2016 the population was 7,337 showing a population growth of 0.7% in the area during that time. The predominant age group in Atherton is 60-69 years. Households in Atherton are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Atherton work in a professional occupation. In 2011, 56.7% of the homes in Atherton were owner-occupied compared with 56.8% in 2016.
Atherton has 4,575 properties. Over the last 5 years, Houses in Atherton have seen a 68.35% increase in median value, while Units have seen a 50.69% increase. As at 31 October 2024:
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