DEVELOPMENT POTENTIAL
Located within 500 metres of the town centre, this handy 2.78 hectare block is going to an investment opportunity. Zoning allows for a variety of uses subject to Local and State Government approval. Services are in close proximity and dual sealed road frontages provide easy access to the eastern and northern sides of the block. The railway reserve is separated by a roadway on the east side. Residentail housing is separated from the block by a radway on the north side. The south and west boundary adjoin similar size blocks. This block is worthy of your inspection.
Property Code: 433
The size of Pingelly is approximately 12.5 square kilometres. It has 7 parks covering nearly 11.3% of total area. The population of Pingelly in 2011 was 840 people. By 2016 the population was 820 showing a population decline of 2.4% in the area during that time. The predominant age group in Pingelly is 60-69 years. Households in Pingelly are primarily childless couples and are likely to be repaying $300 - $449 per month on mortgage repayments. In general, people in Pingelly work in a labourer occupation. In 2011, 66% of the homes in Pingelly were owner-occupied compared with 69.1% in 2016.
Pingelly has 707 properties. Over the last 5 years, Houses in Pingelly have seen a 77.03% increase in median value. As at 31 October 2024:
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