Knight Frank is pleased to present 12-14 Duncan Street, Victoria Park for sale, with the opportunity to acquire a high-profile corner site on the corner of Duncan Street and Shepperton Road.
Investment Highlights:
The size of Victoria Park is approximately 2.6 square kilometres. It has 16 parks covering nearly 12.7% of total area. The population of Victoria Park in 2011 was 8,539 people. By 2016 the population was 8,779 showing a population growth of 2.8% in the area during that time. The predominant age group in Victoria Park is 20-29 years. Households in Victoria Park are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Victoria Park work in a professional occupation. In 2011, 44% of the homes in Victoria Park were owner-occupied compared with 43.8% in 2016.
Victoria Park has 5,743 properties. Over the last 5 years, Houses in Victoria Park have seen a 65.75% increase in median value, while Units have seen a 66.91% increase. As at 31 October 2024:
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