5 Flora St, Stepney is a 3 bedroom, 1 bathroom House with 8 parking spaces and was built in 1935. The property has a land size of 846m2 and floor size of 146m2. While the property is not currently for sale or for rent, it was last sold in February 2010.
Iconic site offering 3 Torrens Title allotments right in the heart of Stepney!
An extraordinarily rare opportunity to construct 3 beautiful residences on combined land area 850m2 approx (frontage 27.3m) subject to appropriate consents.
If you have been looking for a development site close to the CBD with absolute street frontage - you will not find any better than this! Nestled peacefully between two character homes (both set back just off the street) the potential for this site is simply incredible.
The size of Stepney is approximately 0.5 square kilometres. It has 2 parks covering nearly 4.1% of total area. The population of Stepney in 2011 was 855 people. By 2016 the population was 859 showing a population growth of 0.5% in the area during that time. The predominant age group in Stepney is 20-29 years. Households in Stepney are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Stepney work in a professional occupation. In 2011, 64.3% of the homes in Stepney were owner-occupied compared with 59.5% in 2016.
Stepney has 778 properties. Over the last 5 years, Houses in Stepney have seen a 73.33% increase in median value, while Units have seen a 106.98% increase. As at 31 October 2024:
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