864 Holden RoadDiggers Rest VIC 3427
Property Details for 864 Holden Rd, Diggers Rest
Last Listing description (November 2023)
LAWD is pleased to present for sale 864 Holden Road, Diggers Rest, a quality mixed farming and land banking opportunity located in Melbourne's northern growth corridor.
KEY INVESTMENT HIGHLIGHTS
Total land area of 78.74* hectares (194.56* acres).
Ideal opportunity to continue to build current farming operations, with added future development and sub-divisional potential for residences (STCA)
Sealed road frontage to Holden Road (400* metres) and multiple access points.
Soil types consists of gently undulating basalt plain, with the Property historically utilised for grazing as well as other agricultural pursuits.
Secure water resources available including 450* metres of Kororoit Creek frontage and consistent annual rainfall (585* millimetres)
Pastures comprise mainly native perennial pastures with some improved pasture areas.
Located three* kilometres from Diggers Rest, six* kilometres from Sunbury and 32* kilometres from Melbourne's CBD
LAWD is offering the Property to market for sale by Expressions of Interest closing 12pm (AEDT) Thursday 7 December 2023.
*approximately
Property History for 864 Holden Rd, Diggers Rest, VIC 3427
- 18 Apr 2024Sold for $4,906,000
- 03 Nov 2023Listed for Sale EOI
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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.
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