Situated on a quiet street in tightly held Stratford, this superb residential building block is a blank canvas on which to realise a property dream in one of the city's most sought after suburbs. The flat 421m2 lot is prepared and ready to build on and, with connections in place to all services, the initial hard work is complete.
The opportunity to purchase a vacant block in well established Stratford is a rare occurrence; to find a site with so much potential, accessibility and street appeal is even more of a find. Just 10 minutes' drive to the CBD and maintaining a friendly, supportive community focus, the suburb is popular with families and professionals. Falling within the Freshwater school catchment, Mason Street is ideally situated close to schools, the local library, post office, good public transport links, and the small but vibrant caf and shopping hub.
As both a lifestyle and investment prospect, Stratford ticks all the boxes. The area is very well facilitated in terms of infrastructure and is surrounded by a solid network of walking trails and cycling tracks. The beautiful Mount Whitfield Conservation Park forms a backdrop to the upper part of Mason Street.
The size of Stratford is approximately 1.9 square kilometres. It has 2 parks covering nearly 12.4% of total area. The population of Stratford in 2011 was 1,110 people. By 2016 the population was 1,149 showing a population growth of 3.5% in the area during that time. The predominant age group in Stratford is 40-49 years. Households in Stratford are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Stratford work in a professional occupation. In 2011, 63% of the homes in Stratford were owner-occupied compared with 62.9% in 2016.
Stratford has 623 properties. Over the last 5 years, Houses in Stratford have seen a 47.49% increase in median value, while Units have seen a 54.96% increase. As at 31 October 2024:
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