OFF MARKET

73-79 Pedelty Lane
Dundowran QLD 4655

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 121680m2
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Property Details for 73-79 Pedelty Lane, Dundowran

Building Type
Land
Land Size
121680m2
Local Government
Fraser Coast Regional
Lot/Plan
2/SP340342

Last Listing description (October 2023)

First time offered to the market in over 50 years, this is one of the most significant and strategically positioned development opportunities betweenHervey Bay and Burrum Heads, on the popular Fraser Coast.

Hervey Bay and the surrounding localities of Craignish and Dundowran Beach are going through a period of strong population and price growth and the subject site is a prime opportunity to capitalise on this market.

Land area: 12.16 hectares*^

Proposed Lots 1 (2.77ha*^) & 2 (9.39ha*^) - offered individually or in-one-line
Zoned 'Low-Density Residential
Predominantly cleared throughout
Elevated position providing panoramic ocean views
Prominent corner site with 790metres* of street frontage
May suite a range of development options, including residential subdivision, MHE, retirement village / aged care, childcare**
Adjacent to Craignish Village (Foodworks, medical, pharmacy cafe) and 2mins* to the Dundowran Beach
In close proximity to schools, hospitals, parklands, Stockland Hervey Bay Shopping Centre, in addition to wide range of shopping, dining and cafe options
Connected to the Hervey Bay CBD (10mins*) by Pialba Burrum Heads Road

For Sale via Expressions of Interest (Individually or In-One-Line)
Closing Thursday, 3 November 2022 4pm (AEST)

For further information, please contact the Ray White Marketing Agents.

*Approximately
^Subject to final survey and registration of Lot
**Subject to Council Approval

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Property History for 73-79 Pedelty Lane, Dundowran, QLD 4655

A timeline of how this property has performed in the market
Last Sold
$5,500,000
26 Jul 2023
  • 04 Aug 2023
    Listed for Sale EOI Closing 3 Nov 2022 4pm (AEST)
  • 26 Jul 2023
    Sold for $5,500,000
  • 29 Sep 2022
    Listed for Sale For Sale

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About Dundowran 4655

The size of Dundowran is approximately 12.2 square kilometres. The population of Dundowran in 2011 was 968 people. By 2016 the population was 908 showing a population decline of 6.2% in the area during that time. The predominant age group in Dundowran is 60-69 years. Households in Dundowran are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Dundowran work in a clerical occupation. In 2011, 77.9% of the homes in Dundowran were owner-occupied compared with 81.3% in 2016.

Dundowran has 622 properties. Over the last 5 years, Houses in Dundowran have seen a 87.76% increase in median value, while Units have seen a 109.36% increase. As at 30 September 2024:

  • The median value for Houses in Dundowran is $836,011 while the median value for Units is $579,895.
  • Houses have a median rent of $570.
There are currently 9 properties listed for sale, and 2 properties listed for rent in Dundowran on OnTheHouse. According to CoreLogic's data, 33 properties were sold in the past 12 months in Dundowran.

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