2-4 The Esplanade Dennington VIC 3280
Property Details for 2-4 The Esplanade, Dennington
Last Listing description (September 2023)
An extremely rare offering presents itself in Dennington with general residential zoned land comprising of 5 titles (to be sold as one) near the banks of the Merri River.
- Power available
- Sewerage available
Lot 1 - approximately 2045sqm situated on the southern side (long rectangle)
{ref lot 1 s32}
Lot 2 - approximately 1976sqm situated north of lot 1 (long rectangle) {ref lot 2 s32}
Lot 3 - approximately 836sqm (triangle block) {ref 12 in s32}
Lot 4 - approximately 816sqm (includes Dennington Hall) {ref 13 in s32)
Lot 5 - approximately 1054sqm (Dennington Church) {ref lot 3 s32}
The Dennington Church (St Andrews circa 1915) boasts over 100 years of history and has a heritage overlay to ensure any astute purchase intertwines with the remaining vacant land.
The adjoining hall was believed to be erected in 1964 and has been utilised regularly. Primed for stunning townhouses (STCA), large residential blocks this is a unique offering in an established setting.
Property History for 2-4 The Esplanade, Dennington, VIC 3280
- 13 Jun 2023Sold for $523,050
- 11 May 2023Listed for Sale Expressions of Interest - CLOSED
- 28 May 2021Sold for $467,500
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About Dennington 3280
The size of Dennington is approximately 12 square kilometres. It has 4 parks covering nearly 0.6% of total area. The population of Dennington in 2011 was 1,557 people. By 2016 the population was 1,884 showing a population growth of 21.0% in the area during that time. The predominant age group in Dennington is 0-9 years. Households in Dennington are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Dennington work in a trades occupation. In 2011, 78.3% of the homes in Dennington were owner-occupied compared with 73.4% in 2016.
Dennington has 1,033 properties. Over the last 5 years, Houses in Dennington have seen a 66.10% increase in median value, while Units have seen a 27.18% increase. As at 31 October 2024:
- The median value for Houses in Dennington is $607,082 while the median value for Units is $405,303.
- Houses have a median rent of $575 while Units have a median rent of $300.
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