OFF MARKET

1 Colour Road
Diggers Rest VIC 3427

Bedrooms: 5
Bathrooms: 2
Car spaces: -
Floor area: 223m2
Land area: 644m2
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Property Details for 1 Colour Rd, Diggers Rest

1 Colour Rd, Diggers Rest is a 5 bedroom, 2 bathroom House and was built in 2023. The property has a land size of 644m2 and floor size of 223m2. While the property is not currently for sale or for rent, it was last sold in November 2021.

Building Type
House
Year Built
2023
Floor Size
223m2
Land Size
644m2
Local Government
Melton
Lot/Plan
395/LP53137

Last Listing description (August 2023)

Team Honey at Reliance Real Estate Sunbury is proud to present this beautiful piece of land, in the heart of super growing suburb of Diggers Rest.

3 Colour road has potential unleashed.
If you are talking development, this is ready with plans and permits to put 4 Double stories units on them straight away.

If you want to secure this land parcel in a well established area, you are at a right place.
Literally at a hop skip and a jump away from all the amenities including Diggers rest train station, Medical center, Diggers Rest primary school and many more, this is a one time opportunity!
Feel free to give us a call to have further discussion and know more about their market potential. Team Honey at 0452 614 230 will be more than happy to assist.

Please see the below link for an up-to-date copy of the Due Diligence
Check: http://www.consumer.vic.gov.au/duediligence

DISCLAIMER: All stated dimensions are approximate only. Particulars given are
for general information only and do not constitute any representation on the part of the vendor or agent.

PLEASE NOTE: Open for inspection times are subject to change or cancellation
without notice. We suggest checking the OFI details on the day of inspection.

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Property History for 1 Colour Rd, Diggers Rest, VIC 3427

A timeline of how this property has performed in the market
Last Sold
$426,000
10 Nov 2021
  • 09 Aug 2023
    Listed for Sale Not Disclosed
  • 10 Nov 2021
    Sold for $426,000
  • 20 Aug 2021
    Listed for Sale $399,000 - $435,000
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About Diggers Rest 3427

The size of Diggers Rest is approximately 69.9 square kilometres. It has 8 parks covering nearly 1% of total area. The population of Diggers Rest in 2011 was 2,275 people. By 2016 the population was 2,746 showing a population growth of 20.7% in the area during that time. The predominant age group in Diggers Rest is 20-29 years. Households in Diggers Rest are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Diggers Rest work in a clerical occupation. In 2011, 79.6% of the homes in Diggers Rest were owner-occupied compared with 79.2% in 2016.

Diggers Rest has 4,602 properties. Over the last 5 years, Houses in Diggers Rest have seen a 20.65% increase in median value, while Units have seen a 22.44% increase. As at 30 November 2024:

  • The median value for Houses in Diggers Rest is $649,568 while the median value for Units is $542,606.
  • Houses have a median rent of $520 while Units have a median rent of $455.
There are currently 31 properties listed for sale, and 12 properties listed for rent in Diggers rest on OnTheHouse. According to CoreLogic's data, 283 properties were sold in the past 12 months in Diggers rest.

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