OFF MARKET

87 Albatross Road
Kalimna VIC 3909

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 32800m2
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Property Details for 87 Albatross Rd, Kalimna

Building Type
Land
Land Size
32800m2
Local Government
East Gippsland
Lot/Plan
7/PS634995

Last Listing description (November 2024)

Discover the perfect investment opportunity with this expansive block of land spanning approximately 8 acres, strategically located just moments away from the heart of town. This rare gem offers endless possibilities for savvy investors seeking to capitalize on its potential.
Boasting a generous size, this parcel of land presents the ideal canvas for various development ventures. With the potential for further subdivision (subject to council approval), the possibilities are limitless. Whether you're envisioning a residential subdivision, a commercial development, or simply a private estate, this property offers the space and flexibility to turn your vision into reality.
Convenience meets opportunity as all essential services are already connected, streamlining the development process and adding value to your investment. Imagine the convenience of having power, water, and other utilities readily available at your fingertips.

Additionally, its proximity to town ensures easy access to amenities, schools, shops, and recreational facilities, enhancing its appeal to prospective residents or businesses.
Don't miss out on this exceptional opportunity to secure a prime piece of real estate with tremendous potential for growth and prosperity. Seize the chance to make a lasting investment in your future. Contact King & Heath today for more information!

Property History for 87 Albatross Rd, Kalimna, VIC 3909

A timeline of how this property has performed in the market
Last Sold
$110,000
10 Mar 2020
  • 02 May 2024
    Listed for Sale $530,000
  • 02 Jun 2023
    Listed for Sale $550,000
  • 10 Mar 2020
    Sold for $110,000

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About Kalimna 3909

The size of Kalimna is approximately 8 square kilometres. It has 2 parks covering nearly 0.2% of total area. The population of Kalimna in 2011 was 1,262 people. By 2016 the population was 1,244 showing a population decline of 1.4% in the area during that time. The predominant age group in Kalimna is 60-69 years. Households in Kalimna are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Kalimna work in a labourer occupation. In 2011, 77.3% of the homes in Kalimna were owner-occupied compared with 76.9% in 2016.

Kalimna has 829 properties. Over the last 5 years, Houses in Kalimna have seen a 59.26% increase in median value, while Units have seen a 58.02% increase. As at 31 October 2024:

  • The median value for Houses in Kalimna is $589,532 while the median value for Units is $350,764.
  • Houses have a median rent of $450 while Units have a median rent of $210.
There are currently 24 properties listed for sale, and no properties listed for rent in Kalimna on OnTheHouse. According to CoreLogic's data, 17 properties were sold in the past 12 months in Kalimna.

Suburb Insights for Kalimna 3909

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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.