SOLD
Sold on 23 Jul 2024 for $190,000

4 Hestia Walk
Weir Views VIC 3338

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 94m2
Land area: 168m2
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Property Details for 4 Hestia Walk, Weir Views

Building Type
Land
Year Built
2024
Floor Size
94m2
Land Size
168m2
Local Government
Melton
Lot/Plan
531/PS831732

Last Listing description (December 2023)

Fletchers Real Estate present this lucrative opportunity beckons for savvy builders and developers in the thriving heart of Weir Views within the Opalia Estate. This strategically positioned block holds the promise of swift returns and substantial profits in a rapidly growing area.

Situated directly opposite the bustling shopping centre and in close proximity to schools of all levels, major freeways, and key train stations like Melton South and Cobblebank, this parcel of land offers unparalleled conveniencea prime canvas for a profitable venture.

Opalia Estate's meticulously planned layout, boasting generous open spaces, parks, playgrounds, and essential amenities, sets the stage for a development destined for success. Notably, this block stands mere moments away from the eagerly anticipated Melton hospital, set to materialize by 2029, backed by a substantial Victorian Government investment exceeding $900 milliona significant catalyst for increasing property values.

For small builders and developers seeking a smart investment, this location presents an array of attractive attributes. Proximity to Opalia Plaza, popular eateries including McDonald's, local cafes, diverse retail outlets, and key educational institutions like Melton South Primary School and Staughton College ensures a vibrant community appeal.

The promise of quick access to the Western Freeway and the nearby Kool Kids childcare and community center further accentuates the viability of this location for a profitable development endeavor.

Seize this rare chance to capitalize on the burgeoning potential of Weir Views within the Opalia Estate - where convenience meets investment opportunity for astute builders and developers seeking fast returns and significant gains.

Property History for 4 Hestia Walk, Weir Views, VIC 3338

A timeline of how this property has performed in the market
Last Sold
$190,000
23 Jul 2024
  • 23 Jul 2024
    Sold for $190,000
  • 21 Nov 2023
    Listed for Sale $189,000 - $199,000
  • 04 May 2021
    Sold for $149,500

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About Weir Views 3338

The size of Weir Views is approximately 5.1 square kilometres. It has 5 parks covering nearly 13.6% of total area. The population of Weir Views in 2011 was 8,916 people. By 2016 the population was 11,516 showing a population growth of 29.2% in the area during that time. The predominant age group in Weir Views is 30-39 years. Households in Weir Views are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Weir Views work in a trades occupation. In 2011, 65.9% of the homes in Weir Views were owner-occupied compared with 63.7% in 2016.

Weir Views has 3,776 properties. Over the last 5 years, Houses in Weir Views have seen a 26.86% increase in median value, while Units have seen a 27.85% increase. As at 30 November 2024:

  • The median value for Houses in Weir Views is $569,375 while the median value for Units is $472,514.
  • Houses have a median rent of $460.
There are currently 53 properties listed for sale, and 19 properties listed for rent in Weir views on OnTheHouse. According to CoreLogic's data, 201 properties were sold in the past 12 months in Weir views.

Suburb Insights for Weir Views 3338

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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.