Primed for the next chapter, this original timber residence situated on an outstanding parcel of approximately 696sqm with 17m frontage and zoned GRZ6 presents an exciting opportunity to redevelop (S.T.C.A.).
Positioned within moments to Monash University, the prospects of a multi-unit redevelopment is real and ultimately rewarding. Whilst you await planning approval, the existing 3 bedroom residence is easily leased to provide a return in the short term.
The size of Clayton is approximately 7.9 square kilometres. It has 9 parks covering nearly 4.1% of total area. The population of Clayton in 2016 was 19358 people. By 2021 the population was 18988 showing a population decline of 1.9% in the area during that time. The predominant age group in Clayton is 20-29 years. Households in Clayton are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Clayton work in a professional occupation.In 2021, 35.60% of the homes in Clayton were owner-occupied compared with 35.20% in 2016.
Clayton has 12,273 properties. Over the last 5 years, Houses in Clayton have seen a 6.15% increase in median value, while Units have seen a 8.03% increase. As at 30 April 2026:
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