ACREAGE - SHED WITH OPTIONS
This elevated 5 acres is situated in one of Kinglake finest streets, which is a mixture of cleared and bush areas. Featuring an colourbond shed which has two bedrooms, living/ kitchen, bathroom and study. Extra features include pot belly heater and split system. There is already an existing building site with power, septic, 20,000 gallon concrete water tank and two 5,000 litre poly tanks.
This property provides a terrific opportunity to optimize the potential of building your new home with no rent.
The size of Kinglake is approximately 112.8 square kilometres. It has 8 parks covering nearly 79.3% of total area. The population of Kinglake in 2011 was 1,346 people. By 2016 the population was 1,516 showing a population growth of 12.6% in the area during that time. The predominant age group in Kinglake is 40-49 years. Households in Kinglake are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Kinglake work in a trades occupation. In 2011, 90% of the homes in Kinglake were owner-occupied compared with 86.4% in 2016.
Kinglake has 967 properties. Over the last 5 years, Houses in Kinglake have seen a 44.02% increase in median value. As at 31 October 2024:
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