34 Davis StreetNyora VIC 3987
Property Details for 34 Davis St, Nyora
Last Listing description (November 2024)
A truly exceptional development opportunity awaits at 34 Davis Street, Nyora, Victoria, 3987. Boasting a generous 1963 square metres of prime land, this rare offering presents an unparalleled prospect for savvy investors or astute developers keen to capitalise on the booming real estate market in this growing country town.
Zoned for general residential use, this expansive plot features a sweeping 30-metre-wide frontage, providing an ideal canvas for an impressive subdivision into two substantial lots or the creation of a multi-unit residential development, subject to council approval (STCA).
Fully titled and with all services readily available, this land is primed for transformation. The location is just as attractive as the site itself; positioned approximately an hour's drive from Melbourne's bustling South Eastern suburbs and a mere 30 minutes from the serene Kilcunda Beach, you'll find lifestyle and convenience in equal measure.
Nyora is on the cusp of significant growth, making this the perfect time to secure such a large parcel of land. Don't miss the chance to be part of this area's exciting evolution – seize the opportunity to craft a landmark development at 34 Davis Street.
Property History for 34 Davis St, Nyora, VIC 3987
- 12 Nov 2024Sold for $410,000
- 17 Sep 2024Listed for Sale $390,000 - $420,000
- 15 Sep 2023Listed for Sale $990,000
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0About Nyora 3987
The size of Nyora is approximately 79.7 square kilometres. It has 3 parks. The population of Nyora in 2011 was 1,332 people. By 2016 the population was 1,508 showing a population growth of 13.2% in the area during that time. The predominant age group in Nyora is 40-49 years. Households in Nyora are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Nyora work in a trades occupation. In 2011, 86.2% of the homes in Nyora were owner-occupied compared with 85.4% in 2016.
Nyora has 800 properties. Over the last 5 years, Houses in Nyora have seen a 99.27% increase in median value, while Units have seen a 105.00% increase. As at 31 October 2024:
- The median value for Houses in Nyora is $1,130,535 while the median value for Units is $406,573.
- Houses have a median rent of $255.
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