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When a property has been held in one family for more than 50 years, it speaks volumes of its calibre. Taking advantage of picturesque panoramic views of the Bay and Arthur's Seat, this magnificent parcel of 11.3 acres (approx.) presents an unrivalled opportunity, to live out your lifestyle dreams. Imagine establishing your dream home, taking in glowing sunsets and being away from the hustle-and-bustle of daily life, while still being on the fringe of suburban convenience.
Connected to mains water, the existing residence has seen brighter days, but it serves great purpose in providing the footprint for designing and building a new dwelling (STCA). Extensive shedding caters to tradespeople and provides ample storage while the process unfolds. Three lush paddocks with electrified fences and water supply are ideal for grazing animals or equestrian enthusiasts. A peaceful creek flowing through the valley of the property, forms the partition between the open land and magical bush element to be explored.
The size of Belgrave South is approximately 12.6 square kilometres. It has 13 parks covering nearly 7.1% of total area. The population of Belgrave South in 2011 was 1,661 people. By 2016 the population was 1,654 showing a population decline of 0.4% in the area during that time. The predominant age group in Belgrave South is 50-59 years. Households in Belgrave South are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Belgrave South work in a trades occupation. In 2011, 89.5% of the homes in Belgrave South were owner-occupied compared with 90.8% in 2016.
Belgrave South has 636 properties. Over the last 5 years, Houses in Belgrave South have seen a 45.25% increase in median value. As at 31 July 2024:
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