THE TIME TO BUY IS ABSOLUTELY RIGHT NOW
An opportunity to acquire a major stake in the Boodarie Estate has become available and it may be the chance of a life time to buy, landbank and develop to take advantage of the strengthening market and potential major developments close to this SUPER LOT.
The potential exists to subdivide this land into Residential/Rural lots for resale or to develop for residential housing or a potential larger industrial development (subject to council approval)
- Zoning "Residential" (R2.5) and "Rural Residential"
- 92.485ha vacant parcel of land that has previously had a conditional approval for subdivision with up to 134 "Residential and "Rural Residential" lots
- Subdivision of 134 lots ranging in size from 4,000m2 to 10,000m2 has previously been approved
- The site is generally level with gentle undulating in parts
- The land is covered by low lying scrub with some areas of bushes and trees
- This Super block is a continuation to the Southern side of the Boodarie Estate
- Potential exists to discuss zoning options with the local council
- Services run close to the frontage of block
- Section 18 complete approval by traditional owners to subdivide (conditions apply)
CONTACT TEAM RICK HOCKEY TODAY FOR MORE INFORMATION
The size of Boodarie is approximately 829.6 square kilometres. The population of Boodarie in 2011 was 1,163 people. By 2016 the population was 177 showing a population decline of 84.8% in the area during that time. The predominant age group in Boodarie is 40-49 years. Households in Boodarie are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Boodarie work in a trades occupation. In 2011, 42.6% of the homes in Boodarie were owner-occupied compared with 66.6% in 2016.
Boodarie has 175 properties. Over the last 5 years, Houses in Boodarie have seen a 220.73% increase in median value, while Units have seen a 484.18% increase. As at 31 October 2024:
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