OFF MARKET

44 Kiewa Avenue
Red Cliffs VIC 3496

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 127m2
Land area: 1769m2
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Last updated 11 Nov 2024
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Property Details for 44 Kiewa Ave, Red Cliffs

44 Kiewa Ave, Red Cliffs is a 3 bedroom, 1 bathroom House. The property has a land size of 1769m2 and floor size of 127m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
House
Floor Size
127m2
Land Size
1769m2
Local Government
Mildura
Lot/Plan
1/TP352895

Last Listing description (October 2023)

Attention builders, developers, and investors! An exciting opportunity awaits with this substantial residential development site spanning approximately 1769m2. The property features an old house in disrepair but offers immense potential due to its prime location within minutes of the Red Cliffs shopping centre, primary and secondary schools. With two street frontages and an existing planning permit for a 5 lot subdivision, this property presents a range of possibilities for residential development.

The true value of this property lies in its versatility, allowing for various residential development opportunities. One option is to explore the potential of amending the existing planning permit to create a 2 or 3 lot subdivision. This would result in larger lots, which can be attractive to potential buyers looking for more spacious properties.

Alternatively, you can consider building new homes on the site. With the ample space available, you have the freedom to design and construct multiple residential units, catering to the demands of the market.

Another potential avenue worth exploring is the option to position removable homes on the sites, subject to council approval. This can offer a flexible and cost-effective housing solution, particularly for those seeking temporary or affordable housing options.

Please note that any changes to the planning permit or construction plans would need to comply with local regulations and obtain the necessary approvals from the relevant authorities.

In summary, this residential development site offers a prime location, two street frontages, and a planning permit for a 5 lot subdivision. The diverse range of opportunities includes modifying the planning permit for larger lot sizes, building new homes, or exploring options for removable homes. Act now to seize this chance to capitalize on the vast potential of this property.

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Property History for 44 Kiewa Ave, Red Cliffs, VIC 3496

A timeline of how this property has performed in the market
Last Sold
$175,000
21 Aug 2023
  • 21 Aug 2023
    Sold for $175,000
  • 12 Jul 2023
    Listed for Sale Not Disclosed
  • 17 May 2016
    Sold for $100,000
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About Red Cliffs 3496

The size of Red Cliffs is approximately 206.2 square kilometres. It has 9 parks covering nearly 21% of total area. The population of Red Cliffs in 2011 was 4,626 people. By 2016 the population was 5,073 showing a population growth of 9.7% in the area during that time. The predominant age group in Red Cliffs is 50-59 years. Households in Red Cliffs are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Red Cliffs work in a labourer occupation. In 2011, 70.1% of the homes in Red Cliffs were owner-occupied compared with 70.6% in 2016.

Red Cliffs has 2,884 properties. Over the last 5 years, Houses in Red Cliffs have seen a 83.47% increase in median value, while Units have seen a 54.06% increase. As at 31 October 2024:

  • The median value for Houses in Red Cliffs is $363,272 while the median value for Units is $385,079.
  • Houses have a median rent of $395 while Units have a median rent of $348.
There are currently 48 properties listed for sale, and 5 properties listed for rent in Red cliffs on OnTheHouse. According to CoreLogic's data, 125 properties were sold in the past 12 months in Red cliffs.

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