Don't miss your chance to secure this generous size allotment measuring 687m2 (approx) with its favourable corner position overlooking the parks, lakes and surrounding homes in the area. Located in a very popular pocket of Greenvale close to Somerton Road, this is one of the best remaining vacant blocks in the 'Shannon Rise' Estate. Comes complete with plans and permits for a 37sq home and a 31sq home or you can choose to build the home of your dreams. Surrounded by the region's best recreational facilities including Greenvale Reservoir, highly regarded schools, sporting clubs an abundance of retail centres. With easy access to the CBD and Melbourne Airport by major arterial roads and public transport, makes this allotment one of the best available in Greenvale.
Due diligence checklist - for home and residential property buyers - http://www.consumer.vic.gov.au/duediligencechecklist
The size of Greenvale is approximately 30.5 square kilometres. There are 25 parks, covering nearly 36.2% of the total area. The population of Greenvale in 2016 was 15466 people. By 2021 the population was 21274 showing a population growth of 37.6% in the area during that time. The predominant age group in Greenvale is 30-39 years. Households in Greenvale are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Greenvale work in a professional occupation.In 2021, 85.60% of the homes in Greenvale were owner-occupied compared with 88.80% in 2016.
Greenvale has 10,917 properties. Over the last 5 years, Houses in Greenvale have seen a 15.87% increase in median value, while Units have seen a 25.04% increase. As at 30 April 2026:
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