Outstanding Mixed Use Development Opportunity
FOR SALE BY EXPRESSIONS OF INTEREST CLOSING 7th AUGUST 2014 AT 4PM
Exceptional opportunity to develop or occupy this level site of 855sqm* with an office warehouse of 550sqm* in the heart of Oakleigh.
The size of Hughesdale is approximately 2 square kilometres. It has 3 parks covering nearly 2.1% of total area. The population of Hughesdale in 2011 was 7,054 people. By 2016 the population was 7,550 showing a population growth of 7.0% in the area during that time. The predominant age group in Hughesdale is 20-29 years. Households in Hughesdale are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Hughesdale work in a professional occupation. In 2011, 63.1% of the homes in Hughesdale were owner-occupied compared with 61.1% in 2016.
Hughesdale has 4,033 properties. Over the last 5 years, Houses in Hughesdale have seen a 29.30% increase in median value, while Units have seen a 10.75% increase. As at 31 July 2024:
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