Lot 1031 is a great opportunity for a caf or bakery to open in the precincts most central location, at the corner of the development's arterial roads Armstrong Road and McLaren Ave.
With the estate already 75% sold and being close to Naval Base and other industrial estates, this development opportunity comes with an already established catchment zone.
The size of Hope Valley is approximately 13.3 square kilometres. It has 4 parks covering nearly 0.5% of total area. The population of Hope Valley in 2011 was 108 people. By 2016 the population was 54 showing a population decline of 50.0% in the area during that time. The predominant age group in Hope Valley is 40-49 years. Households in Hope Valley are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Hope Valley work in a trades occupation. In 2011, 36.7% of the homes in Hope Valley were owner-occupied compared with 64.3% in 2016..
Hope Valley has 164 properties. Over the last 5 years, Houses in Hope Valley have seen a 19.19% increase in median value. As at 31 August 2024:
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