Pavilion Property is pleased to present 520-540 Charlemont Road Connewarre, an extremely rare opportunity to acquire a future residential development site (STCA) within close proximity to the Armstrong Creek growth corridor.
The key highlights of the opportunity include:
Located on an expansive 108.2 ha (267.4 acre)* landholding with frontages onto both Lower Duneed and Charlemont Roads
To obtain further information or to request an Information Memorandum, please contact a member of the Pavilion Bellarine team.
*All information offered by Pavilion Property is provided in good faith. It is derived from sources believed to be accurate and current as at the date of publication and as such Pavilion Property simply pass this information on. Use of such material is at your sole risk. Prospective purchasers are advised to make their own inquiries with respect to the information that is passed on. Pavilion Property will not be liable for any loss resulting from any action or decision by you in reliance on the information.
The size of Connewarre is approximately 64.3 square kilometres. It has 10 parks covering nearly 37.7% of total area. The population of Connewarre in 2011 was 443 people. By 2016 the population was 789 showing a population growth of 78.1% in the area during that time. The predominant age group in Connewarre is 60-69 years. Households in Connewarre are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Connewarre work in a professional occupation. In 2011, 78.3% of the homes in Connewarre were owner-occupied compared with 87.9% in 2016.
Connewarre has 677 properties. Over the last 5 years, Houses in Connewarre have seen a 42.54% increase in median value, while Units have seen a 8.13% increase. As at 31 October 2024:
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