OFF MARKET

47 Welcome Road
Diggers Rest VIC 3427

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 585m2
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Last updated 16 Dec 2024
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Property Details for 47 Welcome Rd, Diggers Rest

47 Welcome Rd, Diggers Rest is a 0 bedroom, 0 bathroom House. The property has a land size of 585m2. While the property is not currently for sale or for rent, it was last sold in May 2022.

Building Type
House
Land Size
585m2
Local Government
Melton
Lot/Plan
204/LP53137

Last Listing description (September 2023)

Offering an outstanding opportunity for builders/developers to secure this 585sqm level allotment which is great for a unit site (STCA) or just build your dream home. It's perfectly located for both lifestyle and convenience with only 26 minutes from the CBD. Easy access to freeways and metres to bus and train transport. Conveniently located close to the local Shopping Centre, Minutes from schools and much more. A great opportunity to purchase a great block with unlimited potential enquire now, as this will not last!

Property History for 47 Welcome Rd, Diggers Rest, VIC 3427

A timeline of how this property has performed in the market
Last Sold
$755,000
31 May 2022
  • 04 Sep 2023
    Listed for Sale Not Disclosed
  • 31 May 2022
    Sold for $755,000
  • 23 Feb 2022
    Listed for Sale Contact agent
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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 13 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.

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.