OFF MARKET

339 Ballarat-Carngham Road
Bunkers Hill VIC 3352

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 327698m2
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Property Details for 339 Ballarat-Carngham Rd, Bunkers Hill

Building Type
Land
Land Size
327698m2
Local Government
Ballarat
Lot/Plan
4~1/PP2344

Last Listing description (December 2022)

Approx 80 Acres 32.791 ha
Potential for Circa 488 Residential Allotments
New Re-Zoning Catchment Corridor (STCA)

Ballarat Victoria's fastest growing regional city

Buxton Ballarat and Gull & Co. are pleased to present for sale this prime development site that is situated in the western growth corridor of Ballarat and sits within the next re-zoning catchment area (STCA)

The site offers 80 Acres 32.791 ha of prime land with enormous potential for further development of residential allotments (STCA). The landholding with a total frontage of approx. 404 m* to Ballarat-Carngham Road, the property has a natural yet subtle gradient from north to south.

Key Features of the property include:

Large 80 Acres 32.791 ha of prime land
Within the next proposed Ballarat West Precinct Structure Plan
3 minutes from Lucas Shopping Centre
10 minutes to CBD
Close to schools and amenities
This precinct of Ballarat has shown exceptional growth over the past 5-year period, with the property surrounded by numerous highly successful residential and retail/commercial developments
The Ballarat West Growth Area is forecast to grow by an average 6.0% per annum (2022 to 2036)1
High exposure and accessibility with a total road frontage of 404 m*
Rectangular and relatively flat landholding, making for efficient development
Current developments in construction within 1km
High buyer demand for future residential allotments
Rare offering of such a substantial parcel of real estate

Sites of this size and calibre are once in a life-time opportunities and simply don't present to the market often. If you are a developer with interest in the Ballarat marketplace, ensure you enquire today for further information."

The property is being offered for sale via an Expression of Interest closing 20th September 2022 at 5pm. Please contact conjunctional selling agents Mark Nunn from Buxton Ballarat and Cameron Gull from Gull & Co. for all relevant documentation.

Agents:
- Mark Nunn
- 0409 412 518
- mnunn@buxton.com.au

- Cameron Gull
0438341592
cameron@Gullco.com.au

Property History for 339 Ballarat-Carngham Rd, Bunkers Hill, VIC 3352

A timeline of how this property has performed in the market
Listed for Rent
$240/w
13 Feb 2019
  • 16 Aug 2022
    Listed for Sale Contact Agent
  • 23 Jan 2019
    Listed for Rent $240 / week

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About Bunkers Hill 3352

The size of Bunkers Hill is approximately 12.2 square kilometres. It has 1 park covering nearly 0.8% of total area. The population of Bunkers Hill in 2011 was 264 people. By 2016 the population was 267 showing a population growth of 1.1% in the area during that time. The predominant age group in Bunkers Hill is 50-59 years. Households in Bunkers Hill are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Bunkers Hill work in a professional occupation. In 2011, 89% of the homes in Bunkers Hill were owner-occupied compared with 93.2% in 2016..

Bunkers Hill has 111 properties. Over the last 5 years, Houses in Bunkers Hill have seen a 48.15% increase in median value. As at 30 November 2024:

  • The median value for Houses in Bunkers Hill is $939,789.
There are currently 1 property listed for sale, and 1 property listed for rent in Bunkers hill on OnTheHouse. According to CoreLogic's data, 2 properties were sold in the past 12 months in Bunkers hill.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.