172-176 Old Dandenong Rd, Heatherton is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1975. The property has a land size of 8100m2 and floor size of 191m2. While the property is not currently for sale or for rent, it was last transferred in July 2016.
A significant land holding in a prominent position, this 8,154m2 (approx.) allotment of Green Wedge zoned (GWAZ) land is a rare offering indeed. With the scope and potential to accommodate a range of permissible opportunities - from a boutique Bed & Breakfast, to primary produce sales, recreation facilities and specialised animal care there are so many avenues to explore. Moments to the Dingley Bypass and within easy reach of a choice of retail options plus there are bus routes at the door, this location is just 22km from the CBD.
The current home on offer features a practical floorplan with two living zones and a central kitchen along with four well-proportioned bedrooms including an ensuite master - a second bathroom, large laundry and evaporative cooling are also included. With easily realised potential, the home would accommodate a simple update to create a comfortable base or ideal rental while you decide the next steps.
The size of Heatherton is approximately 7 square kilometres. It has 20 parks covering nearly 33.1% of total area. The population of Heatherton in 2011 was 2,768 people. By 2016 the population was 2,901 showing a population growth of 4.8% in the area during that time. The predominant age group in Heatherton is 40-49 years. Households in Heatherton are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Heatherton work in a professional occupation. In 2011, 73.8% of the homes in Heatherton were owner-occupied compared with 70.6% in 2016.
Heatherton has 1,383 properties. Over the last 5 years, Houses in Heatherton have seen a 16.42% increase in median value, while Units have seen a 26.69% increase. As at 31 October 2024:
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