OFF MARKET

7 Shearing Road
Diggers Rest VIC 3427

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 418m2
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Property Details for 7 Shearing Rd, Diggers Rest

7 Shearing Rd, Diggers Rest is a 0 bedroom, 0 bathroom Unit. The property has a land size of 418m2. While the property is not currently for sale or for rent, it was last sold in December 2021.

Building Type
Unit
Land Size
418m2
Local Government
Melton
Lot/Plan
74/PS806157

Last Listing description (November 2023)

Welcome to the bustling suburb of Diggers Rest, located in the beautiful state of Victoria. As a trusted real estate agent, I am delighted to present an exceptional opportunity to acquire prime land in this highly sought-after area. Whether you are a developer, investor, or looking to build your dream home, this land offers immense potential and promises a rewarding future. Read on to discover the incredible features and advantages of this remarkable property.

Location:
Situated in the picturesque landscape of Diggers Rest, this land enjoys a prime position that combines natural beauty with urban convenience. Located just 35 kilometers northwest of Melbourne's CBD, this vibrant suburb perfectly balances tranquil living and easy access to city amenities. Diggers Rest boasts a strong community spirit, excellent schools, parks, recreational facilities, and a range of local shops and eateries, making it an ideal place to call home.

Property Highlights:
1. Size and Flexibility: This expansive parcel of land provides ample space, making it an excellent choice for you who envision constructing a family residence, developing a property portfolio

2. Future Growth Potential: Diggers Rest is experiencing rapid growth and has been identified as a key growth area in Victoria. As urban development expands, this property holds excellent potential for capital appreciation and future investment returns.

3. Surrounding Infrastructure: The land benefits from proximity to essential infrastructure, including major road networks, public transport options, and convenient access to the Calder Freeway, ensuring seamless connectivity to Melbourne and other key destinations.

4. Serene Environment: With its peaceful surroundings and breathtaking natural beauty, Diggers Rest offers a tranquil lifestyle. Enjoy the charm of rural landscapes, nearby parks, and open spaces, providing an escape from the hustle and bustle of city life.

Conclusion:
Don't miss out on this exceptional opportunity to acquire prime land in the thriving suburb of Diggers Rest, Victoria. Whether you are an investor, developer, or a family seeking to build your dream home, this property offers the perfect foundation for your aspirations. With its strategic location, growth potential, and serene surroundings, Diggers Rest is poised for a prosperous future. Contact us today to arrange a viewing and secure this remarkable piece of land that promises a rewarding investment and an exceptional lifestyle.

* Contact LEIGH GRIXTI for further information.

DISCLAIMER: Every precaution has been taken to establish the accuracy of the above information but it does not constitute any representation by the vendor or agent.

Property History for 7 Shearing Rd, Diggers Rest, VIC 3427

A timeline of how this property has performed in the market
Last Sold
$357,500
01 Dec 2021
  • 02 Jun 2023
    Listed for Sale $375,000 - $385,000
  • 01 Dec 2021
    Sold for $357,500

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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 4,592 properties. Over the last 5 years, Houses in Diggers Rest have seen a 21.00% increase in median value, while Units have seen a 11.60% increase. As at 31 October 2024:

  • The median value for Houses in Diggers Rest is $653,738 while the median value for Units is $483,066.
  • Houses have a median rent of $520 while Units have a median rent of $455.
There are currently 41 properties listed for sale, and 15 properties listed for rent in Diggers rest on OnTheHouse. According to CoreLogic's data, 253 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.