SOLD
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Sold on 20 Oct 2023 for $920,000

11 Union Road
Wandin North VIC 3139

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 125m2
Land area: 1493m2
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Property Details for 11 Union Rd, Wandin North

Building Type
Land
Floor Size
125m2
Land Size
1493m2
Local Government
Yarra Ranges
Lot/Plan
1/TP190148

Last Listing description (October 2023)

Introducing an exceptional real estate opportunity, nestled in the heart of Wandin North, this 1493-square-meter corner allotment holds immense promise for savvy investors and developers. With a strategic location just behind the bustling main strip of shops, this property offers the perfect blend of convenience and development potential (STCA).

Spanning 1493 square meters, this expansive lot presents a canvas for imaginative development. Zoned as Neighbour Residential Zone Schedule 2, it presents an exciting opportunity to explore various possibilities. Whether you're considering a residential development, Commercial venture, or a combination of both (STCA), this property provides a solid foundation for your vision.

The property's prime position ensures easy access to essential amenities, including schools, public transport, and recreational facilities. Its proximity to the thriving main hub of Wandin North and access to the Yarra Valley.

Don't miss the chance to secure this prime piece of real estate with boundless development potential (STCA). With its generous size and strategic location, this corner allotment is a rare find in Wandin North's real estate landscape. Act now and turn your development dreams into a reality in this thriving community.

Property History for 11 Union Rd, Wandin North, VIC 3139

A timeline of how this property has performed in the market
Last Sold
$920,000
20 Oct 2023
  • 20 Oct 2023
    Sold for $920,000
  • 04 Oct 2023
    Listed for Sale Contact Agent
  • 15 Dec 1982
    Sold for $40,000

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About Wandin North 3139

The size of Wandin North is approximately 16.5 square kilometres. It has 12 parks covering nearly 3.7% of total area. The population of Wandin North in 2011 was 2,911 people. By 2016 the population was 3,029 showing a population growth of 4.1% in the area during that time. The predominant age group in Wandin North is 10-19 years. Households in Wandin North are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Wandin North work in a trades occupation. In 2011, 84.9% of the homes in Wandin North were owner-occupied compared with 86.4% in 2016.

Wandin North has 1,334 properties. Over the last 5 years, Houses in Wandin North have seen a 38.07% increase in median value, while Units have seen a 3.58% increase. As at 31 July 2024:

  • The median value for Houses in Wandin North is $875,693 while the median value for Units is $551,177.
  • Houses have a median rent of $390.
There are currently 14 properties listed for sale, and 1 property listed for rent in Wandin north on OnTheHouse. According to CoreLogic's data, 44 properties were sold in the past 12 months in Wandin north.

Suburb Insights for Wandin North 3139

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Contact agent
Brad Knight
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Damian Ford
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Noble Knight Real Estate - LILYDALE
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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.