31 Morton DriveEastwood VIC 3875
Property Details for 31 Morton Dr, Eastwood
Last Listing description (November 2022)
A needle in a haystack!! 31 Morton Drive, Eastwood is on the water side and takes in beautiful views of The Billabong and Mitchell River flats. The land is 1,266m2 approximately and all services are available. Vacant blocks in this area are fast becoming a thing of the past, take advantage of everything the Eastwood Estate offers, being the Eastwood Shopping precinct, medical center, vet clinic, Lucknow Primary School, child care centres and only a few minutes drive to the Gippsland Grammar Primary School campus. There are miles of nearby walking/cycling tracks and parkland, build your dream home or add to your portfolio. Surrounded by quality homes, this block is a short drive to the Bairnsdale CBD, being the major center for the fast growing Gippsland Lakes with Eastwood located above the river meadows, across the Mitchell River and approximately 2km from Bairnsdale. Builders and astute investors take note of the subdivision potential (STCA) with many 2 lot subdivision precedences set in this area. In the current hot property market do not waste time as you may miss out on this fabulous opportunity. Call Yvette at East Gippsland & Lakes Real Estate on 0400512659.
Property Code: 801
Property History for 31 Morton Dr, Eastwood, VIC 3875
- 08 Feb 2024Sold for $380,000
- 18 Feb 2022Listed for Sale Not Disclosed
- 07 Jun 2017Sold for $181,000
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0About Eastwood 3875
The size of Eastwood is approximately 2.3 square kilometres. It has 11 parks covering nearly 21.7% of total area. The population of Eastwood in 2011 was 1,932 people. By 2016 the population was 2,772 showing a population growth of 43.5% in the area during that time. The predominant age group in Eastwood is 0-9 years. Households in Eastwood are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Eastwood work in a professional occupation. In 2011, 77.7% of the homes in Eastwood were owner-occupied compared with 70.9% in 2016.
Eastwood has 1,378 properties. Over the last 5 years, Houses in Eastwood have seen a 52.83% increase in median value, while Units have seen a 51.99% increase. As at 31 October 2024:
- The median value for Houses in Eastwood is $585,746 while the median value for Units is $403,225.
- Houses have a median rent of $500.
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