OFF MARKET

56-60 Racecourse Road
Riddells Creek VIC 3431

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Land area: 4185m2
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Property Details for 56-60 Racecourse Rd, Riddells Creek

56-60 Racecourse Rd, Riddells Creek is a 3 bedroom, 1 bathroom House. The property has a land size of 4185m2. While the property is not currently for sale or for rent, it was last sold in October 1992.

Building Type
House
Land Size
4185m2
Local Government
Macedon Ranges
Lot/Plan
23/LP98849

Last Listing description (November 2024)

N7 Real Estate Acreage and Development proudly presents this exceptional 3000m? parcel of land in the highly sought-after Northwest corridor of Melbourne. Offering high development potential (STCA) and located in an area with substantial growth prospects, this property is perfect for your next development project.

Currently zoned Neighbourhood Residential and featuring a charming 3-bedroom home, you'll enjoy the added convenience of nearby schools, childcare facilities, and medical centres all within walking distance.

Seize this unique investment opportunity and make it yours today! For more details, contact our agents via call or email:

Jaye Gill
0452 223 539
Jaye.gill@n7realestate.com.au

Muhammad Waqas
0422 424 371
Muhammad.waqas@n7realestate.com.au

Disclaimer: We request you to complete your due diligence before making offer on the property. Link for Due Diligence Checklist:
http://www.consumer.vic.gov.au/duediligencechecklist
All Dimensions, Sizes & Layout are approximately. The producer or agent cannot be held responsible for any errors, omissions, or misstatements. The plan & pics are for Illustrative purposes only & should be used as such.

Property History for 56-60 Racecourse Rd, Riddells Creek, VIC 3431

A timeline of how this property has performed in the market
Last Sold
$160,000
16 Oct 1992
  • 20 Aug 2024
    Listed for Sale Not Disclosed
  • 05 Oct 2021
    Listed for Sale Contact Agent
  • 16 Oct 1992
    Sold for $160,000
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About Riddells Creek 3431

The size of Riddells Creek is approximately 72.2 square kilometres. It has 3 parks covering nearly 5.3% of total area. The population of Riddells Creek in 2011 was 3,752 people. By 2016 the population was 3,932 showing a population growth of 4.8% in the area during that time. The predominant age group in Riddells Creek is 40-49 years. Households in Riddells Creek are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Riddells Creek work in a professional occupation. In 2011, 89.9% of the homes in Riddells Creek were owner-occupied compared with 87.9% in 2016.

Riddells Creek has 2,163 properties. Over the last 5 years, Houses in Riddells Creek have seen a 31.06% increase in median value, while Units have seen a 26.05% increase. As at 30 November 2024:

  • The median value for Houses in Riddells Creek is $977,590 while the median value for Units is $578,018.
  • Houses have a median rent of $550 while Units have a median rent of $490.
There are currently 42 properties listed for sale, and 2 properties listed for rent in Riddells creek on OnTheHouse. According to CoreLogic's data, 72 properties were sold in the past 12 months in Riddells creek.

Suburb Insights for Riddells Creek 3431

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.