OFF MARKET

1-49 Greensill Road
Dundowran Beach QLD 4655

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 933190m2
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Property Details for 1-49 Greensill Rd, Dundowran Beach

Building Type
Rural
Land Size
933190m2
Local Government
Fraser Coast Regional
Lot/Plan
16/RP802523

Last Listing description (September 2023)

'Lakefront Estate' is a 93-hectare development site within the thriving community of Hervey Bay.

This master-planned estate has a preliminary approval in place which assists to expedite development that will accommodate and capture the current demand and future growth of the Fraser Coast region.


Designed around a central lake with large expanses of open space linking the various residential, retirement and retail communities, it is within 800 metres from the pristine Dundowran Beach and only a few minutes' drive into Hervey Bay CBD.

The position of this land is set to provide the immediate and future land supply within an area of growing demand and trending towards significant undersupply. It offers the following attributes:

- Pre-approved for residential, retirement, land lease and retail development
- Preliminary approval to override the planning scheme for MCU, ROL and OPW
- Short walk to untouched beach and nature reserves
- High level of new growth in surrounding commercial, retail and hospitality services

Situated within one of Australia's fastest growing regions, Hervey Bay is the 9th most populous place in Queensland and has consistently experienced one of the fastest growth rates in Queensland.

Hervey Bay boasts an abundance of commercial and tourist facilities, with cafes and restaurants aligning the esplanade. It offers an enviable lifestyle only 3.5 hours north of Brisbane with sub-tropical climate all year round and is surrounded by pristine beaches. Renowned for its outdoor lifestyle, Hervey Bay neighbours Fraser Island and provides a playground for residents who enjoy swimming, fishing, sailing, diving and relaxed beachside living. .

For further information and discussion on this property, please contact the exclusive agents at Cushman & Wakefield.

* Source: RP Data Median House Price Dundowran Beach

Property History for 1-49 Greensill Rd, Dundowran Beach, QLD 4655

A timeline of how this property has performed in the market
Last Sold
$2,000,000
22 Aug 2003
  • 20 Jun 2023
    Listed for Sale Offers to Purchase
  • 22 Aug 2003
    Sold for $2,000,000

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About Dundowran Beach 4655

The size of Dundowran Beach is approximately 8.7 square kilometres. It has 5 parks covering nearly 3.2% of total area. The population of Dundowran Beach in 2011 was 1,768 people. By 2016 the population was 2,084 showing a population growth of 17.9% in the area during that time. The predominant age group in Dundowran Beach is 60-69 years. Households in Dundowran Beach are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Dundowran Beach work in a professional occupation. In 2011, 87.9% of the homes in Dundowran Beach were owner-occupied compared with 87.9% in 2016.

Dundowran Beach has 1,162 properties. Over the last 5 years, Houses in Dundowran Beach have seen a 76.18% increase in median value. As at 31 October 2024:

  • The median value for Houses in Dundowran Beach is $971,525 while the median value for Units is $878,564.
  • Houses have a median rent of $625.
There are currently 25 properties listed for sale, and 1 property listed for rent in Dundowran beach on OnTheHouse. According to CoreLogic's data, 53 properties were sold in the past 12 months in Dundowran beach.

Suburb Insights for Dundowran Beach 4655

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.