380 Vermont Rd, Ravenswood is a 0 bedroom, 0 bathroom House. The property has a land size of 1064m2 and floor size of 170m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 0 bedroom House sold in Ravenswood in the last 12 months.
Presenting an outstanding development opportunity at LOT 1/380 Vermont Rd, Ravenswood.
Fully enclosed with fencing and a front driveway gate, this parcel offers a secure canvas for your next project. A substantial shed at the rear of the block provides immediate storage solutions during the construction phase.
Strategically positioned, this site is a mere 600m stroll to the local IGA, ensuring future residents will enjoy the convenience of nearby amenities. In addition, the property is just a 5-minute drive from the bustling Mowbray Marketplace and Coles Racecourse shopping precinct, offering an array of retail options.
Education and daily commuting are made easy with close proximity to local schools and efficient public transport links. The tranquillity of the adjacent farmland provides a serene backdrop, enhancing the appeal for residential development.
Utilities are already taken care of, with water connected to the site. This is a rare opportunity to secure a substantial plot in a growing area, ripe for development and ready to generate significant interest.
Land size: 1062m2 approx.
Key2 Property have obtained all information in the document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
The size of Ravenswood is approximately 10.2 square kilometres. It has 6 parks covering nearly 8.7% of total area. The population of Ravenswood in 2011 was 3,974 people. By 2016 the population was 3,604 showing a population decline of 9.3% in the area during that time. The predominant age group in Ravenswood is 0-9 years. Households in Ravenswood are primarily single parents and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Ravenswood work in a labourer occupation. In 2011, 47.2% of the homes in Ravenswood were owner-occupied compared with 47.1% in 2016.
Ravenswood has 1,566 properties. Over the last 5 years, Houses in Ravenswood have seen a 88.24% increase in median value, while Units have seen a 97.65% increase. As at 31 October 2024:
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