178 Cravens RoadMernda VIC 3754
Property Details for 178 Cravens Rd, Mernda
Last Listing description (November 2024)
Here's your opportunity to build the family home of your dreams in Mernda's prestigious golden mile. This prime 725m² (approx) plot of land offers convenience and comfort, situated in a modern and vibrant suburb with every imaginable amenity nearby.
Located just 3km from Mernda train station, Coles and Woolworths shopping centres, and the soon-to-be-completed community hospital, this property backs onto a serene nature reserve. Within walking distance, you'll find Mernda Football Club, childcare facilities, primary and secondary schools, and medical centers. Numerous dining and convenience options are just a short drive away.
The land features a 16m frontage and extends 47m deep, with a natural slope that provides stunning eastern views over Plenty Valley and Mernda. You'll enjoy unobstructed views with no risk of future developments blocking your sightline.
For investors and developers, this property offers the potential for higher-density development, with ample space for three generously sized townhomes (STCA), each with incredible views.
For more information, please contact us.
Property History for 178 Cravens Rd, Mernda, VIC 3754
- 13 Nov 2024Sold for $540,000
- 26 Jul 2024Listed for Sale Private Sale: $540,000
- 07 Dec 2023Sold for $505,000
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0About Mernda 3754
The size of Mernda is approximately 22.5 square kilometres. It has 104 parks covering nearly 9.4% of total area. The population of Mernda in 2011 was 6,507 people. By 2016 the population was 16,469 showing a population growth of 153.1% in the area during that time. The predominant age group in Mernda is 30-39 years. Households in Mernda are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mernda work in a professional occupation. In 2011, 79.8% of the homes in Mernda were owner-occupied compared with 69.9% in 2016.
Mernda has 10,621 properties. Over the last 5 years, Houses in Mernda have seen a 26.53% increase in median value, while Units have seen a 17.43% increase. As at 31 October 2024:
- The median value for Houses in Mernda is $726,272 while the median value for Units is $467,305.
- Houses have a median rent of $550 while Units have a median rent of $480.
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