OFF MARKET

5 Archer Avenue
Lucknow VIC 3875

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 160m2
Land area: 673m2
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Last updated 16 Dec 2024
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Property Details for 5 Archer Ave, Lucknow

5 Archer Ave, Lucknow is a 3 bedroom, 2 bathroom House and was built in 2023. The property has a land size of 673m2 and floor size of 160m2. While the property is not currently for sale or for rent, it was last sold in June 2021.

Building Type
House
Year Built
2023
Floor Size
160m2
Land Size
673m2
Local Government
East Gippsland
Lot/Plan
33/PS818013

Last Listing description (August 2021)

'Park Lanes Estate' is one of East Gippsland's most appealing residential estates, offering an affordable and active community lifestyle with plenty of open space for all to enjoy.

This level building block of approx. 673sqm has all services available including natural gas and NBN. Just a five minute drive into the heart of Bairnsdale, the property is also within close proximity to the Lucknow Football Oval, cricket field, netball courts, Bairnsdale Squash & Table Tennis Centre, as well as the proposed community centre and playground with picnic and BBQ amenities.

Throw in the First Home Owner grant and the newly extended Home Builder grant, and that's a potential $45,000 towards your new home! With residential land at entry-level prices and government incentives on offer, there's never been a better time to get your foot in the door of the property market.

With Stage 1 and 2 completely sold out in no time, don't miss your chance to secure the very last allotment in Stage 3. Enquire with Sean Sabell on 0437 898 426

View the Due Diligence Checklist: consumer.vic.gov.au/duediligencechecklist

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Property History for 5 Archer Ave, Lucknow, VIC 3875

A timeline of how this property has performed in the market
Last Sold
$145,000
24 Jun 2021
  • 24 Jun 2021
    Sold for $145,000
  • 17 May 2021
    Listed for Sale $145,000

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About Lucknow 3875

The size of Lucknow is approximately 19.7 square kilometres. It has 7 parks covering nearly 1.8% of total area. The population of Lucknow in 2011 was 1,065 people. By 2016 the population was 1,243 showing a population growth of 16.7% in the area during that time. The predominant age group in Lucknow is 60-69 years. Households in Lucknow are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Lucknow work in a trades occupation. In 2011, 74% of the homes in Lucknow were owner-occupied compared with 73.4% in 2016.

Lucknow has 1,310 properties. Over the last 5 years, Houses in Lucknow have seen a 70.32% increase in median value, while Units have seen a 45.04% increase. As at 30 November 2024:

  • The median value for Houses in Lucknow is $568,440 while the median value for Units is $327,919.
  • Houses have a median rent of $550 while Units have a median rent of $225.
There are currently 28 properties listed for sale, and 5 properties listed for rent in Lucknow on OnTheHouse. According to CoreLogic's data, 61 properties were sold in the past 12 months in Lucknow.

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