Attention developers and Investors. Take note of this 40.8 ha 106 acre approx. prime redevelopment site (STCA) in one of the fastest-developing urban growth corridors in the Nation.
This land borders significant vibrant residential development, located directly opposite the Warralily Estate which forms a major part of the overall Armstrong Creek Development between Geelong and Torquay.
There is already a shopping centre, new primary and secondary schools, kindergartens and childcare centres as well as parks and sporting facilities all less than a kilometre away.
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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