SOLD
Sold on 31 Oct 2023 for $625,900

125 License Road
Diggers Rest VIC 3427

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2557m2
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Property Details for 125 License Rd, Diggers Rest

Building Type
Land
Land Size
2557m2
Local Government
Melton
Lot/Plan
121/PS839292

Last Listing description (September 2023)

Situated in one of Melbourne's rapidly growing corridors are these strategically located adjoining industrial lots that are being offered separately or combined.

Available separately or combined these lots offer the astute developer, investor and or future owner occupier the opportunity to get in on the ground floor and capitalise on the expanding population boom that the area and its surrounding suburbs are currently experiencing.

Key Highlights:

125 (Lot 121) License Road Total Land Area: 862 m2*
127 (Lot 122) License Road Total Land Area: 855 m2*
129 (Lot 123) License Road Total Land Area: 840 m2*

Total Combined Area 2,557 m2

- Commercial 2 Zone
- Titled Lots
- Fully serviced
- Generous frontages
- Close proximity to the Calder Freeway
- Close proximity to the Sunbury township
- Suitable for a variety of development options (STCA)

Offered separately or combined, so its your choice take one or the lot.

With just 3 lots on offer, why not contact us today for further details before these all get snapped up?

*Approximately

Property History for 125 License Rd, Diggers Rest, VIC 3427

A timeline of how this property has performed in the market
Last Sold
$625,900
31 Oct 2023
  • 31 Oct 2023
    Sold for $625,900
  • 15 Jul 2023
    Listed for Sale From $554,000 + GST
  • 27 Nov 2020
    Sold for $312,906

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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 4,600 properties. Over the last 5 years, Houses in Diggers Rest have seen a 24.78% increase in median value, while Units have seen a 8.82% increase. As at 30 September 2024:

  • The median value for Houses in Diggers Rest is $652,824 while the median value for Units is $453,732.
  • Houses have a median rent of $510 while Units have a median rent of $455.
There are currently 36 properties listed for sale, and 12 properties listed for rent in Diggers rest on OnTheHouse. According to CoreLogic's data, 249 properties were sold in the past 12 months in Diggers rest.

Suburb Insights for Diggers Rest 3427

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.