Great Lifestyle or Development Opportunity
This large parcel of land located in one of Warrnambool's largest growth corridor's will be perfect for a lifestyle property or for someone looking for a potential development site (stca). With river frontage, this 8-acre (32,000 sqm) allotment within walking distance to School's & all situated only a short drive from town centre of Warrnambool. Our vendors are selling by expression's of interest and have given us strict instructions that it will be sold so register your interest today.
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:
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