SOLD
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Sold on 22 Jun 2024 for $1,250,000

1 Jackson Road
Wantirna South VIC 3152

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 725m2
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Property Details for 1 Jackson Rd, Wantirna South

1 Jackson Rd, Wantirna South is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 725m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 3 bedroom House sold in Wantirna South in the last 12 months.

Building Type
House
Land Size
725m2

Last Listing description (June 2024)

Unlock the potential of a vacant block situated in a premium location in Wantirna. This expansive site offers a unique opportunity to create a landmark residential project in one of Melbourne's most sought-after suburbs. Boasting a prime location, this property is perfectly positioned to take advantage of the area's growing demand for high-quality housing.

The site features a generous land size of 725 sqm, making it perfect for multi-unit development (STCA). Plans for a 10 unit apartment complex have been approved and drawn with an expiry of the 28th July 2024 for completion by Knox city council.

Situated in the heart of Wantirna South, the property ensures convenient access to major arterial roads, including Burwood Highway and Eastlink, providing seamless connectivity to the Melbourne CBD and beyond.

Residents will benefit from unmatched local amenities. The area is home to top educational institutions, including Knox School, renowned for its academic excellence, Wantirna Primary School and Wantirna College, both within walking distance, offering exceptional public education options.

Retail and entertainment are easily accessible and are abundant in this local area, with Westfield Knox just a short walk. It offers a vast array of retail stores, dining options, and entertainment facilities. Additionally, Studfield Shopping Centre and Knox Ozone provide further shopping and dining convenience.

Recreational facilities are plentiful, with nearby Walker Reserve and Egan Lee Reserve offering lush green spaces perfect for outdoor activities and family picnics. The state-of-the-art Knox Leisureworks caters to all health and wellness needs with its swimming, gym, and fitness classes. Moreover, the close proximity to Knox Private Hospital ensures peace of mind with top-tier medical care just around the corner.

Features:
• 725 Sqm vacant block
• Plans for 10 apartments to be built
• Walking distance to Wantirna Primary and Wantirna College.
• Walking distance to Westfield Knox and Knox Ozone
• Short drive to major highways for easy commuting
• Growing demand for housing in Wantirna South
• High return on investment
• Close to Knox Private Hospital
• Knox Leisureworks: swimming, gym, and fitness classes
• Close proximity to Walker Reserve and Egan Lee Reserve
• Suitable for multi-unit development (STCA)

On Site Auction Saturday 22nd of June at 11am

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Property History for 1 Jackson Rd, Wantirna South, VIC 3152

A timeline of how this property has performed in the market
Last Sold
$1,250,000
22 Jun 2024
Listed for Rent
29 Nov 2014
  • 12 Jun 2024
    Sold for $1,250,000
  • 30 May 2024
    Listed for Sale Auction ($1,250,000 - $1,350,000)
  • 08 Aug 2017
    Listed for Sale Contact Agent
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About Wantirna South 3152

The size of Wantirna South is approximately 14.1 square kilometres. It has 47 parks covering nearly 17.5% of total area. The population of Wantirna South in 2011 was 17,477 people. By 2016 the population was 19,288 showing a population growth of 10.4% in the area during that time. The predominant age group in Wantirna South is 50-59 years. Households in Wantirna South are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Wantirna South work in a professional occupation. In 2011, 79.4% of the homes in Wantirna South were owner-occupied compared with 75.3% in 2016.

Wantirna South has 9,643 properties. Over the last 5 years, Houses in Wantirna South have seen a 22.06% increase in median value, while Units have seen a 10.69% increase. As at 30 November 2024:

  • The median value for Houses in Wantirna South is $1,248,383 while the median value for Units is $566,973.
  • Houses have a median rent of $640 while Units have a median rent of $560.
There are currently 31 properties listed for sale, and 19 properties listed for rent in Wantirna south on OnTheHouse. According to CoreLogic's data, 299 properties were sold in the past 12 months in Wantirna south.

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