56 Cornish Road, Riddells Creek, VIC 3431


Auctioned for $685,000 (Oct 08, 2019)

SUPERB BUILDING ALLOTMENT! Land size approx. 1.21 Ha (approx) - ( Entry via...

Newly created allotment of 3 acres (approx) providing the ultimate blank canvas for your dream home! Vacant land in the Riddell’s Creek village is an extremely sought after commodity and this parcel will be no exception. With planning approval in place and an extremely large building envelope, all you are left to do is build the grandest home and the biggest of sheds. A rare opportunity to create your perfect future living all within walking distance to schools, shops and transport.

Your time is NOW!.

Those looking to further subdivide will appreciate that the 5% cash-in-lieu open space contribution will be paid by the Vendor prior to sale, as a MRSC permit condition (PLN/2018/508) as there is potential for further subdivision of the approved lot based on the minimum lot sizes afforded by the Low Density Residential Zone provisions (STCA).

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Property Info:
  • Property ID: L502134
  • Property Type: Land
  • Land Area: 12100.0 sqm
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R&H Suburb Profile: Riddells Creek

R&H Suburb Summary Houses
Number of sales 53
Average Price $863,160
Median Price $800,000
Median Rental Price $485 p.w.
Change in Rental Rate (5yr) 31 %
R&H Suburb Summary Units
Number of sales 2
Average Price $537,500
Median Rental Price $405 p.w.
Change in Rental Rate (5yr) 29 %
Riddells Creek, VIC - Median Trend