OFF MARKET

3 Serpentine Lane
Princetown VIC 3269

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1967m2
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Property Details for 3 Serpentine Lane, Princetown

Building Type
Land
Land Size
1967m2
Local Government
Corangamite
Lot/Plan
6~19/PP5654

Last Listing description (November 2019)

This large block of land of 1967sqm approx, is in the centre of historical Princetown, which is located along the scenic and world-famous Great Ocean Road.

This is the perfect place to build your big beautiful sea-change home, complete with gardens, an orchard, chooks, etc. Or perhaps that B&B you've always dreamed of operating? The Shire is not rezoning any more town land at this amazing environmentally pristine location.

Accommodation and entertainment is highly sought along the Great Ocean Road. This demand is predicted to increase markedly. The block has the potential to be developed to cater to a growing domestic and overseas market for eco-tourism. High quality modern accommodation, with provision of nature-related recreational activities is in demand (STCA). The land zoning invites a range of commercial activities.

Corangamite Shire is sympathetic to developments which respect, enhance, and appreciate the natural environment, and which also contribute to the regional economy. If you have a dream project, this may be just the opportunity for which you've been waiting.

Call John Kalpakis on 0412 500 250 for further information

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Property History for 3 Serpentine Lane, Princetown, VIC 3269

A timeline of how this property has performed in the market
Last Sold
$180,000
14 Nov 2019
  • 14 Nov 2019
    Sold for $180,000
  • 21 Aug 2019
    Listed for Sale $200,000
  • 06 Dec 2013
    Listed for Sale $125,000

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About Princetown 3269

The size of Princetown is approximately 119.9 square kilometres. It has 3 parks covering nearly 28% of total area. The population of Princetown in 2011 was 353 people. By 2016 the population was 245 showing a population decline of 30.6% in the area during that time. The predominant age group in Princetown is 0-9 years. Households in Princetown are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Princetown work in a managers occupation. In 2011, 67.2% of the homes in Princetown were owner-occupied compared with 66.6% in 2016..

Princetown has 157 properties. Over the last 5 years, Houses in Princetown have seen a 107.69% increase in median value. As at 30 November 2024:

  • The median value for Houses in Princetown is $785,090 while the median value for Units is $641,784.
There are currently 5 properties listed for sale, and no properties listed for rent in Princetown on OnTheHouse. According to CoreLogic's data, 4 properties were sold in the past 12 months in Princetown.

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