A rare opportunity exists to secure this piece of vacant allotment with huge future development potential. Nestled in a highly sought after pocket of Ormeau, you are set amongst the trees with all the benefits of full pressure town water. The complete acreage lifestyle build is on offer, plenty of storage for a boat, caravan, trailer or more.
Situated on a massive 5,387 sqm flatland - 11 Vaughan Drive, Ormeau is situated within minutes' drive of the local shopping village, major motorways as well as an array of transportation facilities and local schools including Norfolk Village State School, Livingston Christian College and Ormeau Woods State High School - 11 Vaughan Drive, Ormeau presents an ideal land banking opportunity, development site or future investive within a increasingly sought-after locale.
Our instructions are clear - this property must be SOLD! To ensure that you do not miss out on this opportunity, register your interest today.
SITE INSPECTION - You are welcome to inspect the vacant block of land at any time, contact agent for further information.
The size of Ormeau is approximately 16.4 square kilometres. It has 33 parks covering nearly 12.2% of total area. The population of Ormeau in 2011 was 12,438 people. By 2016 the population was 14,466 showing a population growth of 16.3% in the area during that time. The predominant age group in Ormeau is 0-9 years. Households in Ormeau are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ormeau work in a trades occupation. In 2011, 63.2% of the homes in Ormeau were owner-occupied compared with 63.6% in 2016.
Ormeau has 6,600 properties. Over the last 5 years, Houses in Ormeau have seen a 84.96% increase in median value, while Units have seen a 127.00% increase. As at 31 July 2024:
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