83 Chester Pass Rd, Orana is a 0 bedroom, 2 bathroom House with 2 parking spaces and was built in 2019. The property has a land size of 1676m2 and floor size of 229m2. While the property is not currently for sale or for rent, it was last sold in May 2006.
As one of the few undeveloped and subdividable vacant residential lots left in the main strip of Chester Pass Road, this property represents a sound investment opportunity at a genuine value-for-money asking price.
The R25-zoned 1,677sqm lot is deep sewered and has subdivision potential to suit three survey strata home units.
Retain the lot for the long-term or develop now and capitalise on existing demand for affordable rental and owner-occupier properties in this area.
The size of Orana is approximately 2.4 square kilometres. It has 4 parks covering nearly 6.6% of total area. The population of Orana in 2011 was 2,009 people. By 2016 the population was 2,075 showing a population growth of 3.3% in the area during that time. The predominant age group in Orana is 0-9 years. Households in Orana are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Orana work in a labourer occupation. In 2011, 57.8% of the homes in Orana were owner-occupied compared with 60.9% in 2016.
Orana has 1,015 properties. Over the last 5 years, Houses in Orana have seen a 83.18% increase in median value, while Units have seen a 18.33% increase. As at 31 October 2024:
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