122 Cunninghams RoadWerribee South VIC 3030
Property Details for 122 Cunninghams Rd, Werribee South
122 Cunninghams Rd, Werribee South is a 6 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 117946m2. While the property is not currently for sale or for rent, it was last sold in December 2020.
Last Listing description (November 2020)
Parcels of land of this calibre are rarely offered for sale. Take advantage of this opportunity to secure the truly incredible land holding comprising of 11.84 hectares (29.25 acres) approx along with 2 family residencies. It has perfect soil conditions to grow large varieties of vegetables and is conveniently positioned within minutes to the bay.
Estimated 810mts from the urban growth boundary which is located directly on the other side of Aviation Road.
The existing amenity on this property invites the farmers, investors (local & overseas), or a land banking prospect of huge potential for future development subject to council approval (STCA). The possibilities are endless. Whatever the purpose, an excellent lifestyle option awaits the buyer of this truly unique parcel of land.
Excellent capital growth potential
Excellent water rights
Proximity to rapidly expanding suburbs such as Point Cook and Sanctuary Lakes
Current Owner is happy to lease it back on a fixed term
Contact Mick on 0426 111 791 to find out more information.
Property History for 122 Cunninghams Rd, Werribee South, VIC 3030
- 03 Dec 2020Sold for $4,500,000
- 28 May 2020Listed for Sale Contact Agent
- 16 Dec 2014Listed for Rent $310 / week
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About Werribee South 3030
The size of Werribee South is approximately 36.8 square kilometres. It has 14 parks covering nearly 9.7% of total area. The population of Werribee South in 2011 was 1,618 people. By 2016 the population was 1,778 showing a population growth of 9.9% in the area during that time. The predominant age group in Werribee South is 50-59 years. Households in Werribee South are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Werribee South work in a managers occupation. In 2011, 73.2% of the homes in Werribee South were owner-occupied compared with 67.3% in 2016.
Werribee South has 1,667 properties. Over the last 5 years, Houses in Werribee South have seen a 26.48% increase in median value, while Units have seen a 22.88% increase. As at 31 July 2024:
- The median value for Houses in Werribee South is $874,481 while the median value for Units is $431,013.
- Houses have a median rent of $600 while Units have a median rent of $440.
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