Land banking, future proofing, greenfield investing or blue sky speculating - whatever tag is applied, this exceptional property represents an astute strategic stake in a location suggesting great growth prospects and significant ongoing upside! Some 17,000m2 within easy reach of Carrum Downs and Frankston town centres, close to golf courses and the bay creates outstanding possibilities for development when so desired, (STCA) that will make the most of the area's population growth and consequent popularity growth! Stay ahead of the curve, get in front of the game, this is tomorrow's opportunity available today.
The size of Bangholme is approximately 23.6 square kilometres. It has 4 parks covering nearly 6% of total area. The population of Bangholme in 2011 was 797 people. By 2016 the population was 786 showing a population decline of 1.4% in the area during that time. The predominant age group in Bangholme is 70-79 years. Households in Bangholme are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Bangholme work in a clerical occupation. In 2011, 81.5% of the homes in Bangholme were owner-occupied compared with 84.2% in 2016..
Bangholme has 192 properties. Over the last 5 years, Houses in Bangholme have seen a 29.08% increase in median value, while Units have seen a 198.40% increase. As at 31 October 2024:
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