** With the latest Federal Budget placing a strong focus on increasing housing supply, vacant land is becoming even more attractive for investors looking to build rather than buy established homes.Under the proposed changes, investment incentives such as negative gearing and favourable capital gains tax treatment are being heavily directed toward new builds, encouraging investors to construct additional housing rather than compete for existing homes; Making this property a prime investment opportunity**Located in a well-established and consistently in-demand pocket of Smithton, 21 Lialeeta Crescent presents a smart land investment opportunity. Set within a quiet residential crescent, the block offers an ideal foundation for future development or a new build (STCA). With close proximity to schools, shops and key services, this is a well-positioned allotment appealing to investors and owner-builders alike seeking long-term growth in a growing town. The property features the following;- Vacant residential block in a quiet, well-established crescent- Ideal for new build or development (STCA)- Close to schools, shops and local amenities- Mains power, water, sewerage, and NBN ready at the street- Easy access to main roads and town services- Excellent investment or owner-builder opportunityLand Size: 684m2One Agency Circular Head has no reason to doubt the accuracy of the information in this document, which has been sourced from means that are considered reliable; however, we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations.
The size of Smithton is approximately 91.3 square kilometres. It has 18 parks covering nearly 4.6% of total area. The population of Smithton in 2016 was 3881 people. By 2021 the population was 3934 showing a population growth of 1.4% in the area during that time. The predominant age group in Smithton is 60-69 years. Households in Smithton are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Smithton work in a labourer occupation.In 2021, 67.80% of the homes in Smithton were owner-occupied compared with 65.70% in 2016.
Smithton has 2,189 properties. Over the last 5 years, Houses in Smithton have seen a 54.56% increase in median value, while Units have seen a 46.43% increase. As at 30 April 2026:
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