OFF MARKET

794-834 Leakes Road
Grangefields VIC 3335

Bedrooms: -
Bathrooms: -
Car spaces: 1
Land area: 123085m2
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Property Details for 794-834 Leakes Rd, Grangefields

Building Type
Land
Land Size
123085m2
Local Government
Melton
Lot/Plan
2/LP127283

Last Listing description (March 2020)

Developers and property investors -

30 acre property situated on Leakes Road Rockbank. Just 2.5 ks from Woodlea and 7 ks from Thornhill Park both of which are major land subdivision developments and have pretty much sold out.


Property data showed 624 Leakes Road Rockbank also 30 acres was sold in 2016 for $7,200,000.00.

This property is in Melton psp 1076. Land in Thornhill Park are selling for $330,000 for 400 sqm. You just need to workout how many parcel of land you can subdivide this 30 acre lot into and how much money you can make from just a few years of land banking.

Get in quick this property is going to sell fast.

Offers over $6,500,000 will be consider with long settlement terms possible.

Property History for 794-834 Leakes Rd, Grangefields, VIC 3335

A timeline of how this property has performed in the market
Last Sold
$3,650,000
24 Jul 2018
Listed for Rent
$540/w
05 Sep 2018
  • 24 Jul 2018
    Sold for $3,650,000
  • 04 Jul 2018
    Listed for Rent $540 / week
  • 15 Feb 2018
    Listed for Sale POA
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About Grangefields 3335

The size of Grangefields is approximately 7.6 square kilometres. It has 1 park covering nearly 0.3% of total area. The population of Grangefields in 2011 was 1,349 people. By 2016 the population was 1,537 showing a population growth of 13.9% in the area during that time. The predominant age group in Grangefields is 40-49 years. Households in Grangefields are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Grangefields work in a machinery operators and drivers occupation. In 2011, 69.5% of the homes in Grangefields were owner-occupied compared with 63.6% in 2016..

Grangefields has 63 properties. Over the last 5 years, Houses in Grangefields have seen a -18.81% decrease in median value. As at 30 September 2024:

  • The median value for Houses in Grangefields is $882,441.
There are currently 2 properties listed for sale, and no properties listed for rent in Grangefields on OnTheHouse. According to CoreLogic's data, no properties were sold in the past 12 months in Grangefields.

Suburb Insights for Grangefields 3335

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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.