OFF MARKET

Morton Drive
Eastwood VIC 3875

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 898m2
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Last updated 11 Nov 2024
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Property Details for Lot 266 Morton Dr, Eastwood

Lot 266 Morton Dr, Eastwood is a bedroom, bathroom House. The property has a land size of 898m2.

Building Type
House
Land Size
898m2
Local Government
East Gippsland

Last Listing description (September 2018)

Lot 266, Morton Drive comprises of 898 sqm and is one of ONLY 9 blocks remaining from the original 1000 from Eastwood Corp.
As the development fast draws to a close, the developers have offered some of the best terms ever offered throughout the years of the development for the final 9 buyers
- 5% deposit balance 12 months INTEREST FREE

With these allotments located in the picked residential areas of Lorimer and Morton Drives, this is truly a once in a generation opportunity.
These blocks, all priced at $120,000 each, ideally suit buyers in all categories.
Don't regret this opportunity in years to come, act now to secure one of these quality residential allotments

Property History for Lot 266 Morton Dr, Eastwood, VIC 3875

A timeline of how this property has performed in the market
  • 21 Dec 2016
    Listed for Sale $120,000
  • 05 Nov 2015
    Listed for Sale $130,000

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About 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.
There are currently 12 properties listed for sale, and 3 properties listed for rent in Eastwood on OnTheHouse. According to CoreLogic's data, 49 properties were sold in the past 12 months in Eastwood.

Suburb Insights for Eastwood 3875

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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.