65 Toora DriveWestmeadows VIC 3049
Property Details for 65 Toora Dr, Westmeadows
65 Toora Dr, Westmeadows is a 3 bedroom, 1 bathroom House. The property has a land size of 880m2 and floor size of 105m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 3 bedroom House sold in Westmeadows in the last 12 months.
Last Listing description (July 2024)
Attention Developers! Seize this unparalleled opportunity to create a lucrative residential development in the heart of Westmeadows. Situated on a generous 880sqm (approx.) block with a substantial frontage (16.2M), this site is ideal for building up to 4 units or townhouses (STCA).
Key Features:
- Large, Flat Block: Perfect for constructing up to four three-bedroom properties, maximising your investment potential (STCA)
- Not in Melbourne Airport Overlay: Melbourne Airport overlay restricts subdivision. This is not within those boundaries, allowing up to 4 potential 3 Bedroom sites to be placed on the property (STCA)
This property offers exceptional value and a unique opportunity to develop in a thriving community. Don't miss out on this rare find at 65 Toora Drive Westmeadows - The perfect canvas for your next project.
Property History for 65 Toora Dr, Westmeadows, VIC 3049
- 16 Jul 2024Sold for $670,000
- 14 Jun 2024Listed for Sale Under Contract
- 13 Mar 2003Sold for $130,000
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About Westmeadows 3049
The size of Westmeadows is approximately 4.8 square kilometres. It has 12 parks covering nearly 33.6% of total area. The population of Westmeadows in 2011 was 5,522 people. By 2016 the population was 5,846 showing a population growth of 5.9% in the area during that time. The predominant age group in Westmeadows is 20-29 years. Households in Westmeadows are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Westmeadows work in a clerical occupation. In 2011, 77.2% of the homes in Westmeadows were owner-occupied compared with 74.1% in 2016.
Westmeadows has 3,258 properties. Over the last 5 years, Houses in Westmeadows have seen a 17.09% increase in median value, while Units have seen a 24.67% increase. As at 30 September 2024:
- The median value for Houses in Westmeadows is $717,328 while the median value for Units is $565,565.
- Houses have a median rent of $550 while Units have a median rent of $500.
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