14 Cassia PlaceCalala NSW 2340
Property Details for 14 Cassia Pl, Calala
Last Listing description (November 2024)
Exceptional Development Opportunity
Presenting an unmatched investment opportunity on a prime piece of development land, located in the rapidly expanding community of Calala. Spanning an impressive 5,440m?, this exceptional site comes with an approved development application for 15 modern community title dwellings.
This expansive block represents a significant canvas for a comprehensive development project, promising to transform into a prestigious residential community. The development application (DA) to construct 15 high-quality dwellings allowing for a streamlined project execution, presents a rare opportunity for developers and investors alike.
Situated in a thriving location, the development site boasts close proximity to essential amenities including schools, shopping centres and parks, ensuring future residents enjoy convenience and a quality lifestyle. The demand for quality housing is continuously growing, making this development a promising investment.
The opportunity to leverage a ready-to-go project in a prime location with significant growth potential is here. Tamworth's strong community and economic outlook, coupled with the rise in infrastructure and development, make this an ideal investment
For the astute developer or investor looking to capitalize on Tamworth's growing demand for quality residential options, this opportunity is not to be missed.
- DA approved, 15 community title dwellings
- Council rates approx. $6,235p/a
* This information has been prepared to assist solely in the marketing of this property. Whilst all care has been taken to ensure the information provided herein is correct, we do not take responsibility for any inaccuracies. Accordingly, all interested parties should make their own enquiries to verify the information.
Property History for 14 Cassia Pl, Calala, NSW 2340
- 08 Sep 2024Listed for Sale Not Disclosed
- 06 Feb 2024Listed for Sale $1,200,000
- 23 Nov 2022Listed for Rent $440
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About Calala 2340
The size of Calala is approximately 63.0 square kilometres. There are 5 parks, covering nearly 0.1% of the total area. The population of Calala in 2016 was 3927 people. By 2021 the population was 4577 showing a population growth of 16.6% in the area during that time. The predominant age group in Calala is 10-19 years. Households in Calala are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Calala work in a professional occupation.In 2021, 72.30% of the homes in Calala were owner-occupied compared with 70.10% in 2016.
Calala has 2,140 properties. Over the last 5 years, Houses in Calala have seen a 74.60% increase in median value, while Units have seen a 117.94% increase. As at 31 July 2026:
- The median value for Houses in Calala is $735,547 while the median value for Units is $554,590.
- Houses have a median rent of $620 while Units have a median rent of $420.
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